Carnegie Investment Counsel Has $341,000 Stock Position in eBay Inc. $EBAY

Carnegie Investment Counsel cut its holdings in eBay Inc. (NASDAQ:EBAY) by 45.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,577 shares of the e-commerce company’s stock after selling 3,890 shares during the quarter. Carnegie Investment Counsel’s holdings in eBay were worth $341,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EBAY. Impax Asset Management Group plc boosted its stake in eBay by 2,536.5% in the first quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock valued at $239,037,000 after buying an additional 3,401,198 shares in the last quarter. Nuveen LLC acquired a new stake in eBay in the first quarter valued at about $202,346,000. Pacer Advisors Inc. boosted its stake in eBay by 5,181.4% in the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after buying an additional 2,154,735 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in eBay by 253.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock valued at $187,191,000 after buying an additional 1,981,011 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in eBay by 19,822.5% in the second quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock valued at $96,126,000 after buying an additional 1,284,501 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on EBAY. Stifel Nicolaus raised their price objective on eBay from $75.00 to $89.00 and gave the company a “hold” rating in a research note on Friday. 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. Mizuho began coverage on eBay in a research note on Monday, September 29th. They set a “neutral” rating and a $98.00 price target on the stock. Cantor Fitzgerald lifted their price target on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Finally, Wall Street Zen lowered eBay from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $89.13.

Insiders Place Their Bets

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction that occurred on Wednesday, September 17th. The stock was 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 directly owned 3,824 shares in the company, valued at approximately $341,521.44. The trade was a 33.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of eBay 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 completion of the sale, the senior vice president owned 53,107 shares of the company’s stock, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 96,743 shares of company stock valued at $8,979,844. Company insiders own 0.64% of the company’s stock.

eBay Price Performance

Shares of EBAY opened at $97.20 on Monday. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $44.42 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. The business has a 50-day moving average of $92.62 and a 200-day moving average of $81.88.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 38.97% and a net margin of 20.86%.The firm’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

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.