Shell Asset Management Co. Purchases 11,817 Shares of eBay Inc. $EBAY

Shell Asset Management Co. lifted its position in eBay Inc. (NASDAQ:EBAY) by 108.5% in the 2nd quarter, Holdings Channel reports. The fund owned 22,708 shares of the e-commerce company’s stock after acquiring an additional 11,817 shares during the quarter. Shell Asset Management Co.’s holdings in eBay were worth $1,691,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in EBAY. UMB Bank n.a. raised its position in shares of eBay by 5.3% in the 1st quarter. UMB Bank n.a. now owns 6,687 shares of the e-commerce company’s stock worth $453,000 after acquiring an additional 338 shares in the last quarter. Capital Investment Advisors LLC raised its position in shares of eBay by 45.3% in the 1st quarter. Capital Investment Advisors LLC now owns 6,142 shares of the e-commerce company’s stock worth $416,000 after acquiring an additional 1,916 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of eBay by 2.1% in the 1st quarter. Harbor Capital Advisors Inc. now owns 17,832 shares of the e-commerce company’s stock worth $1,208,000 after acquiring an additional 364 shares in the last quarter. GAMMA Investing LLC raised its position in shares of eBay by 18.5% in the 1st quarter. GAMMA Investing LLC now owns 12,428 shares of the e-commerce company’s stock worth $842,000 after acquiring an additional 1,943 shares in the last quarter. Finally, Parsons Capital Management Inc. RI raised its position in shares of eBay by 4.6% in the 1st quarter. Parsons Capital Management Inc. RI now owns 21,183 shares of the e-commerce company’s stock worth $1,435,000 after acquiring an additional 926 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the subject of several research reports. Arete Research raised eBay from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 7th. President Capital upgraded eBay from a “neutral” rating to a “buy” rating and upped their price target for the stock from $74.00 to $103.00 in a research note on Friday, September 19th. Arete upgraded eBay from a “sell” rating to a “neutral” rating and set a $91.00 price target on the stock in a research note on Thursday, August 7th. Deutsche Bank Aktiengesellschaft upped their price target on eBay from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, Benchmark upped their price target on eBay from $78.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $81.29.

Insider Transactions at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the firm’s stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $77.90, for a total value of $1,729,847.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Julie A. Loeger sold 75,952 shares of the firm’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. This trade represents a 58.85% 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. Company insiders own 0.64% of the company’s stock.

eBay Stock Performance

Shares of EBAY opened at $92.08 on Thursday. The business’s fifty day simple moving average is $93.15 and its two-hundred day simple moving average is $79.34. 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 Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. The company has a market cap of $42.08 billion, a price-to-earnings ratio of 20.28, a P/E/G ratio of 2.24 and a beta of 1.31.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 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 the consensus estimate of $2.64 billion. During the same period last year, the business posted $1.18 EPS. The company’s revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Research analysts anticipate that eBay Inc. will post 3.86 earnings per share 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 paid 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%.

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.