Plato Investment Management Ltd Lowers Position in eBay Inc. $EBAY

Plato Investment Management Ltd trimmed its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 27.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,095 shares of the e-commerce company’s stock after selling 6,201 shares during the quarter. Plato Investment Management Ltd’s holdings in eBay were worth $1,102,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wealth Preservation Advisors LLC purchased a new position in eBay during the first quarter worth about $26,000. Abound Financial LLC acquired a new position in shares of eBay in the 1st quarter worth approximately $29,000. Orion Capital Management LLC acquired a new position in shares of eBay in the 4th quarter worth approximately $27,000. Pinney & Scofield Inc. purchased a new position in shares of eBay during the 4th quarter worth approximately $31,000. Finally, Sierra Ocean LLC increased its holdings in eBay by 84.9% in the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock valued at $36,000 after purchasing an additional 247 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on EBAY. Robert W. Baird upped their price target on eBay from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Cantor Fitzgerald boosted their price objective on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Argus reissued a “hold” rating on shares of eBay in a research note on Thursday, August 14th. Wedbush restated a “neutral” rating and set a $72.00 target price on shares of eBay in a report on Wednesday, June 11th. Finally, Benchmark lifted their target price on eBay from $78.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $78.89.

eBay Trading Down 1.3%

EBAY opened at $91.29 on Thursday. The business has a fifty day moving average price of $88.02 and a 200 day moving average price of $75.99. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. The stock has a market capitalization of $41.72 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 2.24 and a beta of 1.32.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the company earned $1.18 EPS. eBay’s revenue for the quarter 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 expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be paid a $0.29 dividend. The ex-dividend date is Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. eBay’s payout ratio is currently 25.55%.

Insiders Place Their Bets

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total value of $1,825,935.86. Following the sale, the senior vice president directly owned 44,413 shares of the company’s stock, valued at approximately $3,436,677.94. This represents a 34.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Julie A. Loeger sold 75,952 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the sale, the senior vice president owned 53,107 shares in the company, valued at $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 174,801 shares of company stock worth $14,763,913 in the last 90 days. Corporate insiders own 0.64% of the company’s stock.

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.