Hodges Capital Management Inc. Buys Shares of 41,650 eBay Inc. $EBAY

Hodges Capital Management Inc. bought a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the 1st quarter, Holdings Channel reports. The institutional investor bought 41,650 shares of the e-commerce company’s stock, valued at approximately $2,821,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EBAY. Captrust Financial Advisors increased its position in shares of eBay by 17.3% in the 4th quarter. Captrust Financial Advisors now owns 15,992 shares of the e-commerce company’s stock valued at $991,000 after buying an additional 2,361 shares in the last quarter. Focus Partners Wealth increased its position in shares of eBay by 26.7% in the 4th quarter. Focus Partners Wealth now owns 24,370 shares of the e-commerce company’s stock valued at $1,511,000 after buying an additional 5,137 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of eBay by 0.3% in the 4th quarter. Lazard Asset Management LLC now owns 163,728 shares of the e-commerce company’s stock valued at $10,142,000 after buying an additional 471 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of eBay by 4.6% in the 4th 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 buying an additional 17,386 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its position in shares of eBay by 19.8% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 21,570 shares of the e-commerce company’s stock valued at $1,336,000 after buying an additional 3,569 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the sale, the senior vice president owned 53,107 shares of the company’s stock, 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. Over the last 90 days, insiders sold 174,801 shares of company stock worth $14,763,913. Company insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on EBAY. Susquehanna upped their price objective on shares of eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Piper Sandler lifted their price target on eBay from $74.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. lifted their price target on eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. Citizens Jmp raised eBay to a “hold” rating in a research note on Thursday, July 10th. Finally, Argus reissued a “hold” rating on shares of eBay in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $78.89.

eBay Price Performance

Shares of NASDAQ EBAY opened at $92.46 on Friday. The stock has a market capitalization of $42.25 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 2.21 and a beta of 1.32. The business has a 50-day moving average of $88.34 and a 200-day moving average of $76.15. 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 fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.07. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, sell-side analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

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. 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 dividend payout ratio (DPR) is presently 25.55%.

eBay 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.