eBay Inc. $EBAY Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 35.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 139,739 shares of the e-commerce company’s stock after purchasing an additional 36,481 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in eBay were worth $10,405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wealth Preservation Advisors LLC purchased a new stake in eBay during the 1st quarter worth approximately $26,000. Abound Financial LLC purchased a new stake in shares of eBay during the first quarter worth approximately $29,000. Sierra Ocean LLC raised its stake in eBay by 84.9% in the 1st 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 last quarter. North Capital Inc. purchased a new position in eBay in the 1st quarter valued at $38,000. Finally, Rosenberg Matthew Hamilton boosted its stake in eBay by 36.5% during the 1st quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company’s stock worth $41,000 after purchasing an additional 160 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at eBay

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $92.33, for a total value of $666,714.93. Following the sale, the chief executive officer owned 246,812 shares of the company’s stock, valued at $22,788,151.96. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares of the company’s stock, valued at $4,952,227.75. The trade was a 58.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 111,728 shares of company stock worth $10,047,092 over the last quarter. 0.64% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EBAY shares. Mizuho assumed coverage on shares of eBay in a research report on Monday, September 29th. They issued a “neutral” rating and a $98.00 target price for the company. Wedbush reaffirmed a “neutral” rating and set a $72.00 price objective on shares of eBay in a research note on Wednesday, June 11th. Arete raised shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price on the stock in a research note on Thursday, August 7th. Piper Sandler boosted their target price on eBay from $74.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Finally, Wall Street Zen cut eBay from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $81.11.

Read Our Latest Stock Analysis on EBAY

eBay Stock Up 4.3%

Shares of EBAY opened at $92.17 on Monday. The company’s 50-day simple moving average is $92.32 and its 200-day simple moving average is $78.97. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15. The stock has a market capitalization of $42.12 billion, a PE ratio of 20.30, a P/E/G ratio of 2.23 and a beta of 1.31.

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

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay’s payout ratio is presently 25.55%.

About eBay

(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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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