Greenfield Savings Bank boosted its position in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 20.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,098 shares of the e-commerce company’s stock after purchasing an additional 1,027 shares during the period. Greenfield Savings Bank’s holdings in eBay were worth $454,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in EBAY. Impax Asset Management Group plc boosted its position 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 valued at $239,037,000 after buying an additional 3,401,198 shares during the period. Nuveen LLC purchased a new position in eBay during the 1st quarter valued at $202,346,000. Pacer Advisors Inc. grew its position in eBay by 5,181.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after acquiring an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in eBay by 253.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock worth $187,191,000 after purchasing an additional 1,981,011 shares during the period. Finally, Acadian Asset Management LLC lifted its position in shares of eBay by 84.2% during the first quarter. Acadian Asset Management LLC now owns 2,005,141 shares of the e-commerce company’s stock worth $135,773,000 after purchasing an additional 916,596 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.
Insider Transactions at eBay
In related news, CEO Jamie Iannone sold 12,644 shares of the business’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total transaction of $961,196.88. Following the completion of the transaction, the chief executive officer owned 317,625 shares in the company, valued at $24,145,852.50. The trade was a 3.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the sale, the senior vice president directly owned 44,413 shares of the company’s stock, valued at $3,436,677.94. The trade was a 34.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 174,801 shares of company stock valued at $14,763,913 in the last 90 days. Insiders own 0.64% of the company’s stock.
eBay Stock Performance
eBay (NASDAQ:EBAY – Get Free Report) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter last year, the firm earned $1.18 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.
eBay Announces Dividend
The company also recently declared 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 currently 25.55%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on EBAY shares. Citizens Jmp upgraded shares of eBay to a “hold” rating in a report on Thursday, July 10th. Robert W. Baird upped their target price on shares of eBay from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Piper Sandler lifted their price target on shares of eBay from $74.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Cantor Fitzgerald boosted their price target on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Finally, Susquehanna increased their price objective on eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus price target of $78.89.
Check Out Our Latest Stock Report on eBay
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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