Copeland Capital Management LLC Boosts Position in eBay Inc. $EBAY

Copeland Capital Management LLC boosted its holdings in eBay Inc. (NASDAQ:EBAYFree Report) by 8.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 14,735 shares of the e-commerce company’s stock after buying an additional 1,207 shares during the period. Copeland Capital Management LLC’s holdings in eBay were worth $1,097,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Wealth Preservation Advisors LLC purchased a new stake in shares of eBay during the first quarter valued at approximately $26,000. Abound Financial LLC purchased a new stake in shares of eBay during the first quarter valued at approximately $29,000. Sierra Ocean LLC raised its stake 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 valued at $36,000 after purchasing an additional 247 shares during the period. North Capital Inc. purchased a new stake in shares of eBay during the first quarter valued at approximately $38,000. Finally, Tsfg LLC raised its stake in shares of eBay by 58.8% during the first quarter. Tsfg LLC now owns 602 shares of the e-commerce company’s stock valued at $41,000 after purchasing an additional 223 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total transaction of $666,714.93. Following the completion of the transaction, the chief executive officer owned 246,812 shares of the company’s stock, valued at approximately $22,788,151.96. The trade was a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 111,728 shares of company stock valued at $10,047,092 over the last quarter. Insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EBAY shares. Robert W. Baird lifted their price objective on shares of eBay from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, July 10th. Stifel Nicolaus lifted their price objective on shares of eBay from $62.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 29th. Argus reissued a “hold” rating on shares of eBay in a research report on Thursday, August 14th. President Capital raised shares of eBay from a “neutral” rating to a “buy” rating and raised their price target for the stock from $74.00 to $103.00 in a research report on Friday, September 19th. Finally, Wedbush reissued a “neutral” rating and set a $72.00 price target on shares of eBay in a research report on Wednesday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, eBay presently has an average rating of “Hold” and a consensus target price of $81.11.

Check Out Our Latest Stock Analysis on eBay

eBay Stock Performance

eBay stock opened at $92.17 on Friday. The company has a market cap of $42.12 billion, a PE ratio of 20.30, a P/E/G ratio of 2.14 and a beta of 1.31. The company has a fifty day moving average price of $92.32 and a two-hundred day moving average price of $78.80. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Research analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

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

eBay Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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