Vontobel Holding Ltd. Has $13.52 Million Position in eBay Inc. $EBAY

Vontobel Holding Ltd. lowered its stake in eBay Inc. (NASDAQ:EBAY) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 181,501 shares of the e-commerce company’s stock after selling 1,426 shares during the period. Vontobel Holding Ltd.’s holdings in eBay were worth $13,515,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Procyon Advisors LLC boosted its stake in 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 acquiring an additional 15,449 shares during the last quarter. Marvin & Palmer Associates Inc. bought a new position in eBay in the first quarter valued at approximately $2,958,000. Optas LLC boosted its stake in eBay by 99.0% in the second quarter. Optas LLC now owns 67,974 shares of the e-commerce company’s stock valued at $5,061,000 after acquiring an additional 33,814 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in eBay by 0.5% in the first quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock valued at $3,596,000 after acquiring an additional 246 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in eBay by 59.6% in the first quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock valued at $261,000 after acquiring an additional 1,440 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Trading Down 2.1%

EBAY opened at $90.13 on Friday. The stock has a market capitalization of $41.19 billion, a P/E ratio of 19.85, a P/E/G ratio of 2.22 and a beta of 1.31. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. The firm’s fifty day simple moving average is $93.12 and its 200 day simple moving average is $79.50. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data 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. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm’s revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were given a $0.29 dividend. 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 currently 25.55%.

Insiders Place Their Bets

In related news, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $91.76, for a total value of $662,598.96. Following the sale, the chief executive officer directly owned 250,223 shares of the company’s stock, valued at approximately $22,960,462.48. The trade was a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of eBay stock in a transaction on Tuesday, July 15th. The shares were 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 118,949 shares of company stock worth $10,709,691 in the last ninety days. 0.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective 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. Morgan Stanley lifted their price target on shares of eBay from $81.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Needham & Company LLC lifted their price target on shares of eBay from $78.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Barclays reissued an “overweight” rating and set a $92.00 price target (up from $77.00) on shares of eBay in a research report on Thursday, July 31st. Finally, Citizens Jmp raised shares of eBay to a “hold” rating in a research report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus target price of $81.29.

eBay Company 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.