Dynamic Technology Lab Private Ltd Buys 33,101 Shares of eBay Inc. $EBAY

Dynamic Technology Lab Private Ltd raised its stake in shares of eBay Inc. (NASDAQ:EBAY) by 720.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,696 shares of the e-commerce company’s stock after buying an additional 33,101 shares during the quarter. eBay comprises about 0.4% of Dynamic Technology Lab Private Ltd’s investment portfolio, making the stock its 23rd biggest holding. Dynamic Technology Lab Private Ltd’s holdings in eBay were worth $2,807,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Independent Franchise Partners LLP raised its position in shares of eBay by 4.6% in the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock worth $791,714,000 after purchasing an additional 510,629 shares during the last quarter. Nordea Investment Management AB increased its stake in eBay by 5.6% during the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after purchasing an additional 478,410 shares in the last quarter. Invesco Ltd. raised its holdings in eBay by 8.0% in the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock worth $571,736,000 after buying an additional 627,823 shares during the last quarter. Northern Trust Corp lifted its stake in shares of eBay by 4.4% in the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after buying an additional 300,216 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of eBay by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after buying an additional 322,910 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EBAY has been the subject of a number of recent analyst reports. Benchmark boosted their price objective on shares of eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Morgan Stanley lifted their target price on eBay from $89.00 to $102.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Sanford C. Bernstein set a $90.00 price target on eBay in a research note on Friday, October 31st. JMP Securities raised eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price target on the stock in a report on Friday, October 24th. Finally, Barclays lifted their price objective on eBay from $92.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nineteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $94.69.

Insider Buying and Selling

In other eBay news, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares in the company, valued at $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total value of $585,478.68. Following the completion of the transaction, the chief executive officer directly owned 235,781 shares in the company, valued at $19,117,123.48. This trade represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 63,317 shares of company stock worth $5,361,568. Company insiders own 0.64% of the company’s stock.

eBay Stock Performance

EBAY opened at $81.28 on Thursday. The company’s 50 day moving average is $89.55 and its 200 day moving average is $84.37. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The company has a market cap of $36.74 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 2.39 and a beta of 1.29. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The business had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period last year, the firm earned $1.19 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, equities research analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.4%. eBay’s payout ratio is 25.22%.

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.