Prime Capital Investment Advisors LLC lowered its holdings in eBay Inc. (NASDAQ:EBAY – Free Report) by 31.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,971 shares of the e-commerce company’s stock after selling 1,357 shares during the period. Prime Capital Investment Advisors LLC’s holdings in eBay were worth $221,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC grew its stake in eBay by 18.5% during the first quarter. GAMMA Investing LLC now owns 12,428 shares of the e-commerce company’s stock valued at $842,000 after acquiring an additional 1,943 shares in the last quarter. Integrated Advisors Network LLC grew its stake in eBay by 48.8% during the first quarter. Integrated Advisors Network LLC now owns 5,037 shares of the e-commerce company’s stock valued at $341,000 after acquiring an additional 1,651 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in eBay by 0.5% during the first quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock valued at $3,596,000 after acquiring an additional 246 shares in the last quarter. Simon Quick Advisors LLC purchased a new position in eBay during the first quarter valued at approximately $200,000. Finally, Fifth Third Bancorp grew its stake in eBay by 6.2% during the first quarter. Fifth Third Bancorp now owns 27,779 shares of the e-commerce company’s stock valued at $1,881,000 after acquiring an additional 1,630 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.
Insider Buying and Selling
In other news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s 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 of the company’s stock, valued at approximately $341,521.44. This represents a 33.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $91.76, for a total transaction of $662,598.96. Following the sale, the chief executive officer owned 250,223 shares of the company’s stock, valued at $22,960,462.48. This represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 118,949 shares of company stock worth $10,709,691 in the last ninety days. 0.64% of the stock is currently owned by insiders.
eBay Price Performance
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings data 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 net margin of 20.86% and a return on equity of 38.97%. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter in the prior year, the company earned $1.18 EPS. The firm’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. Equities research analysts expect that eBay Inc. will post 3.86 EPS for the current year.
eBay Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. eBay’s dividend payout ratio is 25.55%.
Analyst Ratings Changes
Several equities analysts recently commented on EBAY shares. Argus reaffirmed a “hold” rating on shares of eBay in a research note on Thursday, August 14th. Barclays reissued an “overweight” rating and issued a $92.00 price target (up previously from $77.00) on shares of eBay in a research note on Thursday, July 31st. Wall Street Zen cut shares of eBay from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Wells Fargo & Company boosted their price target on shares of eBay from $84.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Finally, Mizuho assumed coverage on shares of eBay in a research note on Monday, September 29th. They issued a “neutral” rating and a $98.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $81.29.
View Our Latest Stock Report on EBAY
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.
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