Yousif Capital Management LLC Decreases Stake in eBay Inc. $EBAY

Key Points

• Yousif Capital Management LLC reduced its stake in eBay by 4.1%, owning 64,478 shares valued at approximately $4.8 million after selling 2,746 shares in the second quarter.
• Research analysts have raised target prices for eBay, with Benchmark setting a target of $100 and several firms giving a "buy" rating, indicating positive market sentiment.
• eBay announced a quarterly dividend of $0.29 per share, which corresponds to an annualized yield of 1.3%, while maintaining a payout ratio of 25.55%.

Yousif Capital Management LLC lowered its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 4.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,478 shares of the e-commerce company's stock after selling 2,746 shares during the period. Yousif Capital Management LLC's holdings in eBay were worth $4,801,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Independent Franchise Partners LLP raised its holdings in shares of eBay by 4.6% in the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after buying an additional 510,629 shares during the last quarter. Invesco Ltd. raised its holdings in shares of eBay by 8.0% in the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock worth $571,736,000 after buying an additional 627,823 shares during the last quarter. Northern Trust Corp raised its holdings in shares of eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after purchasing an additional 300,216 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of eBay by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock worth $417,021,000 after purchasing an additional 322,910 shares during the last quarter. Finally, Impax Asset Management Group plc raised its holdings in shares of eBay by 2,536.5% during the first quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company's stock worth $239,037,000 after purchasing an additional 3,401,198 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Benchmark raised their target price on shares of eBay from $78.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. UBS Group set a $87.00 target price on shares of eBay in a report on Thursday, July 31st. Needham & Company LLC raised their target price on shares of eBay from $78.00 to $95.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Susquehanna raised their target price on shares of eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Finally, Piper Sandler raised their target price on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $83.00.

Insider Activity at eBay

In other news, SVP Cornelius Boone sold 4,439 shares of the business's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares of the company's stock, valued at $8,361,385.76. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the sale, the senior vice president directly owned 3,824 shares of the company's stock, valued at $341,521.44. This represents a 33.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold 96,743 shares of company stock worth $8,979,844 over the last three months. Company insiders own 0.64% of the company's stock.

eBay Stock Up 1.9%

Shares of NASDAQ EBAY opened at $91.06 on Wednesday. The firm has a market cap of $41.61 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.31. The company's 50-day simple moving average is $92.98 and its 200-day simple moving average is $80.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Equities analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. eBay's payout ratio is currently 25.55%.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.

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