Livforsakringsbolaget Skandia Omsesidigt Has $2.15 Million Holdings in eBay Inc. $EBAY

Livforsakringsbolaget Skandia Omsesidigt lessened its holdings in eBay Inc. (NASDAQ:EBAY) by 76.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,876 shares of the e-commerce company’s stock after selling 95,650 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in eBay were worth $2,150,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Impax Asset Management Group plc lifted its position in eBay by 2,536.5% during the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock worth $239,037,000 after acquiring an additional 3,401,198 shares during the last quarter. Nuveen LLC acquired a new position in shares of eBay during the first quarter valued at about $202,346,000. Pacer Advisors Inc. raised its position in shares of eBay by 5,181.4% during the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after buying an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of eBay by 253.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock valued at $187,191,000 after buying an additional 1,981,011 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of eBay by 84.2% during the first quarter. Acadian Asset Management LLC now owns 2,005,141 shares of the e-commerce company’s stock valued at $135,773,000 after buying an additional 916,596 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Price Performance

EBAY opened at $88.85 on Wednesday. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The company’s 50 day simple moving average is $89.19 and its 200-day simple moving average is $76.69. The stock has a market capitalization of $40.60 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 2.18 and a beta of 1.32.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, beating 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 business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the prior year, the firm earned $1.18 earnings per share. eBay’s revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Sell-side analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently commented on EBAY shares. Piper Sandler upped their price objective on shares of eBay from $74.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Bank of America upped their target price on shares of eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, August 25th. JPMorgan Chase & Co. upped their target price on shares of eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. Cowen reissued a “hold” rating on shares of eBay in a research note on Tuesday, July 22nd. Finally, BMO Capital Markets raised shares of eBay from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $70.00 to $102.00 in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $78.89.

Insider Activity at eBay

In related news, SVP Julie A. Loeger sold 75,952 shares of the stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 53,107 shares in the company, valued at $4,952,227.75. This 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 the SEC website. Also, CEO Jamie Iannone sold 12,644 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total transaction of $961,196.88. Following the completion of the transaction, the chief executive officer owned 317,625 shares in the company, valued at $24,145,852.50. This represents a 3.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 151,204 shares of company stock worth $12,937,977 over the last ninety days. Company insiders own 0.64% of the company’s stock.

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.