Mirova US LLC Has $285.40 Million Stock Holdings in eBay Inc. $EBAY

Mirova US LLC cut its position in shares of eBay Inc. (NASDAQ:EBAY) by 47.1% during the 2nd quarter, Holdings Channel reports. The firm owned 3,832,923 shares of the e-commerce company’s stock after selling 3,416,349 shares during the quarter. eBay comprises 3.0% of Mirova US LLC’s portfolio, making the stock its 14th biggest holding. Mirova US LLC’s holdings in eBay were worth $285,399,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Venturi Wealth Management LLC bought a new stake in shares of eBay during the 2nd quarter worth about $230,000. Friedenthal Financial bought a new stake in shares of eBay during the 2nd quarter worth about $84,000. Shell Asset Management Co. boosted its holdings in shares of eBay by 108.5% during the 2nd quarter. Shell Asset Management Co. now owns 22,708 shares of the e-commerce company’s stock worth $1,691,000 after buying an additional 11,817 shares during the period. TriaGen Wealth Management LLC bought a new stake in shares of eBay during the 2nd quarter worth about $2,386,000. Finally, KLP Kapitalforvaltning AS boosted its holdings in shares of eBay by 24.5% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 429,246 shares of the e-commerce company’s stock worth $31,962,000 after buying an additional 84,400 shares during the period. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on EBAY shares. President Capital raised shares of eBay from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $74.00 to $103.00 in a report on Friday, September 19th. Cowen reaffirmed a “hold” rating on shares of eBay in a report on Tuesday, July 22nd. Argus reaffirmed a “hold” rating on shares of eBay in a report on Thursday, August 14th. Mizuho assumed coverage on shares of eBay in a report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price for the company. Finally, Stifel Nicolaus boosted their price objective on shares of eBay from $62.00 to $68.00 and gave the company a “hold” rating in a report on Tuesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, eBay currently has an average rating of “Hold” and an average price target of $81.29.

Insider Buying and Selling

In related news, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 93,392 shares in the company, valued at $8,361,385.76. This represents a 4.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total transaction of $666,714.93. Following the transaction, the chief executive officer owned 246,812 shares of the company’s stock, valued at approximately $22,788,151.96. This represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 111,728 shares of company stock worth $10,047,092. 0.64% of the stock is owned by company insiders.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $93.04 on Wednesday. The firm has a 50 day moving average of $92.86 and a 200-day moving average of $79.25. The stock has a market capitalization of $42.52 billion, a PE ratio of 20.49, a PEG ratio of 2.22 and a beta of 1.31. 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.

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. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities research analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.2%. eBay’s payout ratio is presently 25.55%.

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.