Mutual of America Capital Management LLC Lowers Stock Holdings in eBay Inc. $EBAY

Mutual of America Capital Management LLC reduced its stake in eBay Inc. (NASDAQ:EBAY) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 52,861 shares of the e-commerce company’s stock after selling 2,879 shares during the quarter. Mutual of America Capital Management LLC’s holdings in eBay were worth $3,936,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Procyon Advisors LLC grew its position in eBay by 100.7% in the 2nd 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. Optas LLC boosted its holdings in shares of 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 in the last quarter. Marvin & Palmer Associates Inc. purchased a new stake in shares of eBay in the first quarter valued at about $2,958,000. Aberdeen Group plc boosted its holdings in eBay by 6.3% in the 2nd quarter. Aberdeen Group plc now owns 460,245 shares of the e-commerce company’s stock valued at $34,049,000 after purchasing an additional 27,230 shares in the last quarter. Finally, RHS Financial LLC purchased a new stake in eBay in the 2nd quarter valued at approximately $459,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the transaction, the chief executive officer directly owned 246,812 shares in the company, valued at approximately $22,788,151.96. This represents a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total transaction of $170,582.10. Following the transaction, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. The trade was a 33.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 96,743 shares of company stock valued at $8,979,844 in the last 90 days. Company insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Stifel Nicolaus lifted their price objective on eBay from $62.00 to $68.00 and gave the company a “hold” rating in a report on Tuesday, July 29th. B. Riley lifted their price target on eBay from $94.00 to $96.00 and gave the company a “buy” rating in a research note on Monday. Barclays restated an “overweight” rating and set a $92.00 target price (up from $77.00) on shares of eBay in a research report on Thursday, July 31st. Argus restated a “hold” rating on shares of eBay in a research report on Thursday, August 14th. Finally, Wells Fargo & Company boosted their price objective on shares of eBay from $84.00 to $89.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $86.54.

eBay Price Performance

EBAY stock opened at $95.37 on Thursday. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The stock’s 50 day moving average price is $92.75 and its 200 day moving average price is $81.09. The firm has a market cap of $43.58 billion, a P/E ratio of 21.01, a PEG ratio of 2.29 and a beta of 1.31.

eBay (NASDAQ:EBAY) last posted its 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 firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the prior year, the company earned $1.18 EPS. eBay’s revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, 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 announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio is 25.55%.

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.