Lecap Asset Management Ltd. Buys New Shares in eBay Inc. $EBAY

Lecap Asset Management Ltd. bought a new stake in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,975 shares of the e-commerce company’s stock, valued at approximately $222,000.

A number of other institutional investors have also added to or reduced their stakes in EBAY. Merit Financial Group LLC increased its stake in eBay by 25.3% in the first quarter. Merit Financial Group LLC now owns 11,658 shares of the e-commerce company’s stock valued at $790,000 after acquiring an additional 2,356 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in eBay by 15.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,813 shares of the e-commerce company’s stock valued at $191,000 after acquiring an additional 380 shares during the last quarter. Vest Financial LLC bought a new position in eBay in the first quarter valued at $44,310,000. Generali Investments Management Co LLC increased its stake in eBay by 253.7% in the first quarter. Generali Investments Management Co LLC now owns 39,406 shares of the e-commerce company’s stock valued at $2,669,000 after acquiring an additional 28,264 shares during the last quarter. Finally, Hudson Capital Management LLC increased its stake in eBay by 0.9% in the first quarter. Hudson Capital Management LLC now owns 77,394 shares of the e-commerce company’s stock valued at $5,242,000 after acquiring an additional 671 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

eBay stock opened at $92.17 on Friday. 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 firm has a 50-day moving average of $92.32 and a 200-day moving average of $78.80. The firm has a market cap of $42.12 billion, a P/E ratio of 20.30, a P/E/G ratio of 2.14 and a beta of 1.31. eBay Inc. has a 1-year low of $56.33 and a 1-year high of $101.15.

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

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay’s dividend payout ratio (DPR) is 25.55%.

Insiders Place Their Bets

In other eBay news, SVP Julie A. Loeger sold 75,952 shares of the firm’s 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 sale, the senior vice president directly owned 53,107 shares in the company, valued at $4,952,227.75. This trade represents a 58.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the firm’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $77.90, for a total transaction of $1,729,847.40. The disclosure for this sale can be found here. Insiders sold a total of 111,728 shares of company stock valued at $10,047,092 over the last ninety days. 0.64% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on EBAY shares. BMO Capital Markets raised eBay from a “market perform” rating to an “outperform” rating and increased their target price for the company from $70.00 to $102.00 in a research note on Thursday, July 31st. UBS Group set a $87.00 price objective on eBay in a research note on Thursday, July 31st. Piper Sandler raised their price objective on eBay from $74.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Needham & Company LLC raised their price objective on eBay from $78.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Mizuho started coverage on eBay in a research note on Monday. They set a “neutral” rating and a $98.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, eBay has an average rating of “Hold” and a consensus target price of $81.11.

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.