Caitong International Asset Management Co. Ltd grew its stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 96,250.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,927 shares of the e-commerce company’s stock after purchasing an additional 1,925 shares during the period. Caitong International Asset Management Co. Ltd’s holdings in eBay were worth $143,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EBAY. Independent Franchise Partners LLP grew its holdings in eBay by 4.6% during the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock worth $791,714,000 after buying an additional 510,629 shares in the last quarter. Nordea Investment Management AB lifted its stake in eBay by 5.6% during the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after acquiring an additional 478,410 shares in the last quarter. Invesco Ltd. lifted its stake in eBay by 8.0% during the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock valued at $571,736,000 after acquiring an additional 627,823 shares in the last quarter. Northern Trust Corp lifted its stake in eBay by 4.4% during the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock valued at $481,525,000 after acquiring an additional 300,216 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after acquiring an additional 322,910 shares in the last quarter. 87.48% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other eBay news, SVP Cornelius Boone sold 4,439 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $91.76, for a total value of $662,598.96. Following the completion of the sale, the chief executive officer owned 250,223 shares of the company’s stock, valued at approximately $22,960,462.48. This trade represents a 2.80% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 96,743 shares of company stock worth $8,979,844. Corporate insiders own 0.64% of the company’s stock.
eBay Trading Up 0.2%
eBay (NASDAQ:EBAY – Get Free Report) last issued its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share 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 return on equity of 38.97% and a net margin of 20.86%.eBay’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, sell-side analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.
eBay Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.2%. eBay’s dividend payout ratio is currently 25.55%.
Analyst Ratings Changes
EBAY has been the subject of a number of recent analyst reports. UBS Group set a $87.00 price objective on shares of eBay in a research report on Thursday, July 31st. Stifel Nicolaus increased their target price on shares of eBay from $62.00 to $68.00 and gave the company a “hold” rating in a research report on Tuesday, July 29th. Mizuho initiated coverage on eBay in a report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price for the company. BMO Capital Markets raised shares of eBay from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $70.00 to $102.00 in a report on Thursday, July 31st. Finally, B. Riley upped their target price on eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $87.52.
View Our Latest Stock Report on eBay
About eBay
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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