eBay Inc. $EBAY Holdings Raised by Impax Asset Management Group plc

Impax Asset Management Group plc increased its position in shares of eBay Inc. (NASDAQ:EBAY) by 7.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,810,634 shares of the e-commerce company’s stock after purchasing an additional 275,344 shares during the quarter. eBay accounts for about 1.6% of Impax Asset Management Group plc’s investment portfolio, making the stock its 15th largest holding. Impax Asset Management Group plc’s holdings in eBay were worth $282,838,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in EBAY. Hemington Wealth Management lifted its position in shares of eBay by 7.7% in the 2nd quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock worth $129,000 after buying an additional 124 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of eBay by 9.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock valued at $124,000 after buying an additional 137 shares during the last quarter. Capital Investment Advisors LLC raised its stake in eBay by 2.2% during the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock worth $468,000 after acquiring an additional 138 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in eBay by 0.6% in the first quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock worth $1,560,000 after acquiring an additional 143 shares during the last quarter. Finally, Journey Strategic Wealth LLC boosted its stake in eBay by 4.4% in the first quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company’s stock valued at $266,000 after acquiring an additional 166 shares during the period. Institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on EBAY shares. Stifel Nicolaus dropped their price target on eBay from $89.00 to $88.00 in a research report on Thursday, October 30th. Piper Sandler lowered their price objective on eBay from $102.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday. Mizuho began coverage on eBay in a research note on Monday, September 29th. They issued a “neutral” rating and a $98.00 target price on the stock. TD Cowen boosted their price target on shares of eBay from $80.00 to $84.00 and gave the company a “hold” rating in a report on Monday, October 20th. Finally, Argus reaffirmed a “hold” rating on shares of eBay in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $94.69.

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the sale, the senior vice president owned 2,862 shares of the company’s stock, valued at $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total value of $585,478.68. Following the transaction, the chief executive officer directly owned 235,781 shares of the company’s stock, valued at approximately $19,117,123.48. The trade was a 2.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 63,317 shares of company stock worth $5,361,568 over the last ninety days. Insiders own 0.64% of the company’s stock.

eBay Trading Up 0.6%

NASDAQ:EBAY opened at $87.79 on Thursday. The stock has a market cap of $39.68 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 2.39 and a beta of 1.29. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The business has a fifty day moving average of $90.53 and a 200-day moving average of $83.84.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.45%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. Equities analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, November 28th. eBay’s dividend payout ratio (DPR) is currently 25.22%.

eBay 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.