Woodline Partners LP Acquires New Stake in eBay Inc. $EBAY

Woodline Partners LP acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 217,436 shares of the e-commerce company’s stock, valued at approximately $14,727,000.

Several other large investors also recently added to or reduced their stakes in the business. Captrust Financial Advisors raised its position in eBay by 17.3% during the fourth quarter. Captrust Financial Advisors now owns 15,992 shares of the e-commerce company’s stock valued at $991,000 after purchasing an additional 2,361 shares in the last quarter. Focus Partners Wealth raised its position in eBay by 26.7% during the fourth quarter. Focus Partners Wealth now owns 24,370 shares of the e-commerce company’s stock valued at $1,511,000 after purchasing an additional 5,137 shares in the last quarter. Lazard Asset Management LLC raised its position in eBay by 0.3% during the fourth quarter. Lazard Asset Management LLC now owns 163,728 shares of the e-commerce company’s stock valued at $10,142,000 after purchasing an additional 471 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in eBay by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 397,845 shares of the e-commerce company’s stock valued at $24,647,000 after purchasing an additional 17,386 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp raised its position in eBay by 19.8% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 21,570 shares of the e-commerce company’s stock valued at $1,336,000 after purchasing an additional 3,569 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the business’s stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the transaction, the senior vice president owned 44,413 shares in the company, valued at $3,436,677.94. The trade was a 34.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Julie A. Loeger sold 75,952 shares of the business’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 transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 174,801 shares of company stock worth $14,763,913 in the last 90 days. Company insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Cowen restated a “hold” rating on shares of eBay in a research report on Tuesday, July 22nd. Stifel Nicolaus raised their price target on eBay from $62.00 to $68.00 and gave the company a “hold” rating in a research report on Tuesday, July 29th. BMO Capital Markets upgraded eBay from a “market perform” rating to an “outperform” rating and raised their price target for the company from $70.00 to $102.00 in a research report on Thursday, July 31st. UBS Group set a $87.00 price objective on eBay in a report on Thursday, July 31st. Finally, Piper Sandler lifted their price objective on eBay from $74.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $78.89.

eBay Stock Down 1.3%

EBAY opened at $91.29 on Thursday. The company has a market cap of $41.72 billion, a P/E ratio of 20.11, a P/E/G ratio of 2.24 and a beta of 1.32. The business’s 50-day moving average price is $88.02 and its 200-day moving average price is $75.99. 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 Inc. has a 12 month low of $56.33 and a 12 month high of $101.15.

eBay (NASDAQ:EBAY) last announced 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 the consensus estimate of $2.64 billion. During the same quarter in the previous year, the business earned $1.18 EPS. 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. On average, equities analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

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

About eBay

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.