Dynamic Technology Lab Private Ltd Raises Stock Position in eBay Inc. $EBAY

Dynamic Technology Lab Private Ltd grew its holdings in eBay Inc. (NASDAQ:EBAY) by 720.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,696 shares of the e-commerce company’s stock after acquiring an additional 33,101 shares during the period. eBay comprises about 0.4% of Dynamic Technology Lab Private Ltd’s investment portfolio, making the stock its 23rd biggest position. Dynamic Technology Lab Private Ltd’s holdings in eBay were worth $2,807,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Kestra Private Wealth Services LLC lifted its holdings in eBay by 1.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 9,149 shares of the e-commerce company’s stock worth $620,000 after purchasing an additional 168 shares in the last quarter. IFP Advisors Inc grew its position in eBay by 59.6% in the first quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock worth $261,000 after acquiring an additional 1,440 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in eBay by 2.1% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 36,959 shares of the e-commerce company’s stock worth $2,503,000 after acquiring an additional 772 shares during the last quarter. HighPoint Advisor Group LLC raised its position in eBay by 13.2% during the first quarter. HighPoint Advisor Group LLC now owns 4,418 shares of the e-commerce company’s stock valued at $297,000 after purchasing an additional 514 shares during the period. Finally, Choreo LLC lifted its stake in shares of eBay by 3.2% in the 1st quarter. Choreo LLC now owns 17,153 shares of the e-commerce company’s stock valued at $1,162,000 after purchasing an additional 536 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of eBay stock opened at $81.28 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The stock’s fifty day moving average price is $89.55 and its 200-day moving average price is $84.37. The firm has a market cap of $36.74 billion, a P/E ratio of 17.67, a P/E/G ratio of 2.39 and a beta of 1.29. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.03. The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, equities research analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be issued a $0.29 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s dividend payout ratio (DPR) is currently 25.22%.

Insider Buying and Selling

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the transaction, the senior vice president directly owned 3,824 shares in the company, valued at approximately $341,521.44. The trade was a 33.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the firm’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 sale, the senior vice president 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 63,317 shares of company stock worth $5,361,568 over the last ninety days. 0.64% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

EBAY has been the topic of several analyst reports. President Capital raised eBay from a “neutral” rating to a “buy” rating and boosted their target price for the company from $74.00 to $103.00 in a research report on Friday, September 19th. Evercore ISI boosted their price objective on shares of eBay from $90.00 to $93.00 and gave the company an “in-line” rating in a research report on Thursday, October 30th. Jefferies Financial Group increased their target price on shares of eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research note on Friday, October 17th. Citizens Jmp upgraded eBay from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research note on Friday, October 24th. Finally, Sanford C. Bernstein set a $90.00 target price on shares of eBay in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nineteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $94.69.

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.