Aviva PLC Buys 22,127 Shares of eBay Inc. $EBAY

Aviva PLC grew its stake in shares of eBay Inc. (NASDAQ:EBAY) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 364,654 shares of the e-commerce company’s stock after purchasing an additional 22,127 shares during the quarter. Aviva PLC owned approximately 0.08% of eBay worth $27,152,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Princeton Global Asset Management LLC raised its holdings in eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in shares of eBay during the first quarter valued at about $26,000. GFG Capital LLC bought a new position in shares of eBay during the second quarter valued at about $28,000. Hantz Financial Services Inc. boosted its holdings in shares of eBay by 153.4% during the second quarter. Hantz Financial Services Inc. now owns 451 shares of the e-commerce company’s stock worth $34,000 after purchasing an additional 273 shares during the period. Finally, Private Wealth Asset Management LLC grew its stake in shares of eBay by 1,470.6% in the second quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company’s stock worth $40,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In other eBay news, SVP Cornelius Boone sold 4,439 shares of the business’s stock in a transaction 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 sale, the senior vice president directly owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the transaction, the senior vice president owned 2,862 shares of the company’s stock, valued at $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 63,317 shares of company stock valued at $5,361,568. 0.64% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on EBAY shares. Citizens Jmp raised eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a research report on Friday, October 24th. Cantor Fitzgerald upped their target price on eBay from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Cowen reaffirmed a “hold” rating on shares of eBay in a research note on Monday, October 20th. Barclays boosted their price objective on shares of eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Finally, Jefferies Financial Group raised their target price on shares of eBay from $60.00 to $65.00 and gave the stock an “underperform” rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, eBay presently has an average rating of “Hold” and an average target price of $94.38.

eBay Stock Performance

Shares of eBay stock opened at $83.80 on Monday. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The firm has a market capitalization of $37.88 billion, a P/E ratio of 18.22, a P/E/G ratio of 2.39 and a beta of 1.29. 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 business has a fifty day simple moving average of $90.74 and a two-hundred day simple moving average of $83.55.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the firm earned $1.19 EPS. The company’s revenue was up 9.5% compared to the same quarter last year. 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 analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

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

eBay 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.