eBay Inc. $EBAY Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System decreased its position in eBay Inc. (NASDAQ:EBAY) by 5.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 24,300 shares of the e-commerce company’s stock after selling 1,500 shares during the period. Louisiana State Employees Retirement System’s holdings in eBay were worth $1,809,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Independent Franchise Partners LLP grew its holdings in 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 valued at $791,714,000 after purchasing an additional 510,629 shares during the last quarter. Invesco Ltd. grew its holdings in eBay by 8.0% in the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock valued at $571,736,000 after purchasing an additional 627,823 shares during the last quarter. Northern Trust Corp grew its holdings in eBay by 4.4% in the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock valued at $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 grew its holdings in eBay by 5.5% in 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 valued at $417,021,000 after purchasing an additional 322,910 shares during the last quarter. Finally, Impax Asset Management Group plc grew its holdings in eBay by 2,536.5% in the first quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock valued at $239,037,000 after purchasing an additional 3,401,198 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Bank of America increased their price objective on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, August 25th. JPMorgan Chase & Co. increased their price objective on eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research note on Wednesday. Stifel Nicolaus increased their price objective on eBay from $62.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on eBay from $75.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $81.29.

eBay Stock Performance

NASDAQ EBAY opened at $88.55 on Friday. The business’s 50-day moving average price is $93.06 and its 200 day moving average price is $79.75. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The company has a market capitalization of $40.47 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 2.13 and a beta of 1.31. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business posted $1.18 earnings per share. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, research analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio (DPR) is 25.55%.

Insider Buying and Selling

In other news, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the transaction, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of the firm’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the transaction, the senior vice president owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 118,949 shares of company stock worth $10,709,691. Corporate insiders own 0.64% of the company’s stock.

About eBay

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.