J. Safra Sarasin Holding AG Trims Position in eBay Inc. $EBAY

J. Safra Sarasin Holding AG reduced its position in shares of eBay Inc. (NASDAQ:EBAY) by 44.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 23,635 shares of the e-commerce company’s stock after selling 19,214 shares during the period. J. Safra Sarasin Holding AG’s holdings in eBay were worth $1,760,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Lecap Asset Management Ltd. purchased a new position in eBay in the second quarter valued at about $222,000. Parsons Capital Management Inc. RI grew its position in eBay by 1.1% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 21,411 shares of the e-commerce company’s stock worth $1,594,000 after purchasing an additional 228 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of eBay by 46.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 2,659,952 shares of the e-commerce company’s stock valued at $198,060,000 after buying an additional 838,925 shares during the last quarter. First Pacific Financial purchased a new stake in eBay during the 2nd quarter valued at about $53,000. Finally, Forza Wealth Management LLC purchased a new stake in eBay in the second quarter valued at approximately $224,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on EBAY. Mizuho assumed coverage on eBay in a research note on Monday. They issued a “neutral” rating and a $98.00 target price on the stock. Wells Fargo & Company increased their price objective on shares of eBay from $66.00 to $84.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft raised their price target on shares of eBay from $75.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Barclays restated an “overweight” rating and issued a $92.00 target price (up previously from $77.00) on shares of eBay in a research report on Thursday, July 31st. Finally, Cowen restated a “hold” rating on shares of eBay in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, eBay has a consensus rating of “Hold” and an average price target of $81.11.

Insider Activity

In other news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of eBay stock in a transaction that occurred 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the sale, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. This represents a 33.31% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 111,728 shares of company stock worth $10,047,092. 0.64% of the stock is owned by company insiders.

eBay Stock Up 4.3%

NASDAQ EBAY opened at $92.17 on Friday. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The business’s fifty day simple moving average is $92.32 and its 200-day simple moving average is $78.80. The firm has a market cap of $42.12 billion, a PE ratio of 20.30, a P/E/G ratio of 2.14 and a beta of 1.31.

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

eBay Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given 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 of this dividend was Friday, August 29th. eBay’s payout ratio is presently 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.