Axxcess Wealth Management LLC Sells 369 Shares of eBay Inc. $EBAY

Axxcess Wealth Management LLC lessened its holdings in eBay Inc. (NASDAQ:EBAYFree Report) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,939 shares of the e-commerce company’s stock after selling 369 shares during the quarter. Axxcess Wealth Management LLC’s holdings in eBay were worth $368,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Wealth Preservation Advisors LLC bought a new position in eBay in the 1st quarter valued at approximately $26,000. GFG Capital LLC acquired a new stake in eBay during the 2nd quarter valued at approximately $28,000. Abound Financial LLC acquired a new stake in eBay during the 1st quarter valued at approximately $29,000. Sierra Ocean LLC increased its position in eBay by 84.9% during the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock valued at $36,000 after purchasing an additional 247 shares during the period. Finally, North Capital Inc. acquired a new stake in eBay during the 1st quarter valued at approximately $38,000. Institutional investors own 87.48% of the company’s stock.

Insider Transactions at eBay

In related news, SVP Cornelius Boone sold 4,439 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares in the company, valued at $8,361,385.76. This trade represents a 4.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Julie A. Loeger sold 75,952 shares of the stock in a transaction 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 completion of the transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 96,743 shares of company stock valued at $8,979,844 in the last 90 days. 0.64% of the stock is currently owned by company insiders.

eBay Stock Performance

Shares of EBAY stock opened at $92.01 on Friday. The company has a market cap of $42.05 billion, a price-to-earnings ratio of 20.27, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31. 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 firm has a 50 day moving average of $92.89 and a 200-day moving average of $80.57.

eBay (NASDAQ:EBAYGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio (DPR) is currently 25.55%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on EBAY. Robert W. Baird increased their target price on shares of eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Arete Research raised shares of eBay from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 7th. Jefferies Financial Group increased their target price on shares of eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their target price on shares of eBay from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. increased their target price on shares of eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, eBay has a consensus rating of “Hold” and an average price target of $84.59.

Read Our Latest Analysis on EBAY

About eBay

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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