MASTERINVEST Kapitalanlage GmbH raised its stake in eBay Inc. (NASDAQ:EBAY – Free Report) by 109.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,761 shares of the e-commerce company’s stock after acquiring an additional 9,296 shares during the quarter. MASTERINVEST Kapitalanlage GmbH’s holdings in eBay were worth $1,615,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Verdence Capital Advisors LLC lifted its holdings in eBay by 71.2% during the second quarter. Verdence Capital Advisors LLC now owns 17,447 shares of the e-commerce company’s stock valued at $1,299,000 after purchasing an additional 7,256 shares during the last quarter. Procyon Advisors LLC increased its stake in shares of eBay by 100.7% in the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock worth $2,293,000 after purchasing an additional 15,449 shares in the last quarter. Teacher Retirement System of Texas raised its position in shares of eBay by 2.0% in the second quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock valued at $12,736,000 after purchasing an additional 3,374 shares during the period. Savant Capital LLC lifted its stake in shares of eBay by 19.4% during the 2nd quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock valued at $1,804,000 after buying an additional 3,933 shares in the last quarter. Finally, denkapparat Operations GmbH boosted its holdings in eBay by 112.9% in the 2nd quarter. denkapparat Operations GmbH now owns 8,876 shares of the e-commerce company’s stock worth $661,000 after buying an additional 4,706 shares during the period. 87.48% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on EBAY shares. Wall Street Zen raised shares of eBay from a “hold” rating to a “buy” rating in a report on Saturday, January 3rd. Citigroup reiterated a “market outperform” rating on shares of eBay in a research note on Thursday, October 30th. UBS Group set a $95.00 target price on eBay in a research note on Thursday, October 30th. Wedbush lifted their target price on eBay from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, BNP Paribas Exane started coverage on shares of eBay in a report on Monday, November 24th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $94.47.
Insider Buying and Selling
In related news, SVP Mazen Rawashdeh sold 1,920 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total value of $157,248.00. Following the transaction, the senior vice president owned 5,746 shares of the company’s stock, valued at $470,597.40. This represents a 25.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Julie A. Loeger sold 2,896 shares of eBay stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $82.44, for a total value of $238,746.24. Following the sale, the senior vice president directly owned 55,990 shares of the company’s stock, valued at approximately $4,615,815.60. This trade represents a 4.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 53,675 shares of company stock valued at $4,388,825 in the last three months. 0.64% of the stock is owned by corporate insiders.
eBay Stock Performance
NASDAQ:EBAY opened at $90.91 on Friday. The stock has a market cap of $41.09 billion, a P/E ratio of 19.76, a PEG ratio of 2.12 and a beta of 1.35. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. The business’s 50-day moving average price is $84.32 and its two-hundred day moving average price is $87.13. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15.
eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the business earned $1.19 earnings per share. eBay’s revenue for the quarter was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, equities analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.
eBay Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, November 28th. eBay’s payout ratio is currently 25.22%.
About eBay
eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.
The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.
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