eBay Inc. $EBAY Shares Sold by MetLife Investment Management LLC

MetLife Investment Management LLC lowered its stake in shares of eBay Inc. (NASDAQ:EBAY) by 1.9% in the first quarter, Holdings Channel reports. The institutional investor owned 124,402 shares of the e-commerce company’s stock after selling 2,370 shares during the quarter. MetLife Investment Management LLC’s holdings in eBay were worth $8,426,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Orion Capital Management LLC acquired a new stake in shares of eBay during the fourth quarter worth approximately $27,000. Abound Financial LLC acquired a new stake in shares of eBay during the first quarter worth approximately $29,000. Pinney & Scofield Inc. acquired a new stake in shares of eBay during the fourth quarter worth approximately $31,000. Itau Unibanco Holding S.A. acquired a new stake in shares of eBay during the fourth quarter worth approximately $33,000. Finally, Sierra Ocean LLC grew its position in shares of eBay by 84.9% during the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock worth $36,000 after buying an additional 247 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the topic of several research analyst reports. Benchmark raised their price objective on eBay from $78.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on eBay from $66.00 to $68.00 and gave the stock a “neutral” rating in a research note on Friday, July 11th. Robert W. Baird raised their price objective on eBay from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Cowen restated a “hold” rating on shares of eBay in a research note on Tuesday, July 22nd. Finally, UBS Group set a $87.00 price objective on eBay in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $78.89.

eBay Stock Performance

EBAY stock opened at $94.64 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $43.25 billion, a price-to-earnings ratio of 20.85, a PEG ratio of 2.38 and a beta of 1.27. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15. The stock’s fifty day moving average is $84.46 and its two-hundred day moving average is $74.31.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last year, the business posted $1.18 earnings per share. 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 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th. eBay’s dividend payout ratio (DPR) is 25.55%.

Insiders Place Their Bets

In other news, SVP Cornelius Boone sold 2,985 shares of the firm’s stock in a transaction on Friday, June 6th. The stock was sold at an average price of $78.67, for a total transaction of $234,829.95. Following the transaction, the senior vice president directly owned 92,053 shares of the company’s stock, valued at approximately $7,241,809.51. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the firm’s stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total value of $1,825,935.86. Following the transaction, the senior vice president directly owned 44,413 shares in the company, valued at $3,436,677.94. This trade represents a 34.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 183,209 shares of company stock valued at $15,331,663 over the last three months. 0.64% of the stock is currently owned by company insiders.

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.