Mitsubishi UFJ Trust & Banking Corp Has $61.97 Million Stock Position in eBay Inc. $EBAY

Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of eBay Inc. (NASDAQ:EBAY) by 0.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 832,319 shares of the e-commerce company’s stock after acquiring an additional 942 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in eBay were worth $61,974,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EBAY. Procyon Advisors LLC raised its holdings 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 valued at $2,293,000 after buying an additional 15,449 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of eBay by 2.0% during the second quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock worth $12,736,000 after purchasing an additional 3,374 shares in the last quarter. Savant Capital LLC lifted its position in shares of eBay by 19.4% during the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after purchasing an additional 3,933 shares in the last quarter. Machina Capital S.A.S. acquired a new stake in shares of eBay in the second quarter valued at approximately $1,626,000. Finally, Optas LLC raised its position in eBay by 99.0% in the 2nd quarter. Optas LLC now owns 67,974 shares of the e-commerce company’s stock worth $5,061,000 after purchasing an additional 33,814 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at eBay

In related news, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the sale, the senior vice president directly owned 93,392 shares in the company, valued at $8,361,385.76. This trade represents a 4.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the sale, the senior vice president directly owned 2,862 shares in the company, valued at $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 63,317 shares of company stock worth $5,361,568. 0.64% of the stock is owned by corporate insiders.

eBay Stock Up 0.6%

EBAY stock opened at $87.79 on Thursday. The stock has a market capitalization of $39.68 billion, a P/E ratio of 19.08, a price-to-earnings-growth 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 firm has a 50-day moving average price of $90.53 and a 200-day moving average price of $83.84. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a return on equity of 41.45% and a net margin of 20.37%.eBay’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently declared 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 1.3%. The ex-dividend date is Friday, November 28th. eBay’s payout ratio is 25.22%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Arete upgraded shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price for the company in a research report on Thursday, August 7th. BMO Capital Markets boosted their price objective on shares of eBay from $102.00 to $107.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Stifel Nicolaus reduced their price target on shares of eBay from $89.00 to $88.00 in a research report on Thursday, October 30th. Citizens Jmp upgraded shares of eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a research report on Friday, October 24th. Finally, The Goldman Sachs Group increased their target price on eBay from $72.00 to $78.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nineteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, eBay presently has a consensus rating of “Hold” and an average price target of $94.69.

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.