Private Trust Co. NA boosted its holdings in eBay Inc. (NASDAQ:EBAY – Free Report) by 27.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,311 shares of the e-commerce company’s stock after acquiring an additional 918 shares during the quarter. Private Trust Co. NA’s holdings in eBay were worth $321,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in EBAY. Wealth Preservation Advisors LLC bought a new position in eBay in the 1st quarter valued at approximately $26,000. GFG Capital LLC bought a new position in eBay in the 2nd quarter valued at approximately $28,000. Abound Financial LLC bought a new position in eBay in the 1st quarter valued at approximately $29,000. Sierra Ocean LLC lifted its position in eBay by 84.9% in the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock valued at $36,000 after acquiring an additional 247 shares in the last quarter. Finally, North Capital Inc. bought a new position in eBay in the 1st quarter valued at approximately $38,000. 87.48% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on EBAY. B. Riley boosted their target price on shares of eBay from $94.00 to $96.00 and gave the company a “buy” rating in a research note on Monday. JPMorgan Chase & Co. boosted their target price on shares of eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. President Capital upgraded shares of eBay from a “neutral” rating to a “buy” rating and boosted their target price for the company from $74.00 to $103.00 in a research note on Friday, September 19th. Robert W. Baird boosted their target price on shares of eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Finally, Stifel Nicolaus boosted their target price on shares of eBay from $62.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $86.54.
eBay Trading Up 4.0%
NASDAQ:EBAY opened at $95.65 on Tuesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $43.71 billion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The business has a fifty day moving average price of $92.90 and a 200-day moving average price of $80.90.
eBay (NASDAQ:EBAY – Get Free Report) last posted 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 firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Sell-side analysts forecast that eBay Inc. will post 3.86 EPS for the current year.
eBay Announces Dividend
The business 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. This represents a $1.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio is 25.55%.
Insider Activity
In related news, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the transaction, the senior vice president owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. This represents a 4.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total transaction of $666,714.93. Following the completion of the transaction, the chief executive officer directly owned 246,812 shares of the company’s stock, valued at $22,788,151.96. This represents a 2.84% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 96,743 shares of company stock worth $8,979,844. 0.64% of the stock is currently owned by corporate insiders.
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.
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