285,924 Shares in eBay Inc. $EBAY Acquired by CSM Advisors LLC

CSM Advisors LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 285,924 shares of the e-commerce company’s stock, valued at approximately $21,288,000.

Several other hedge funds have also recently made changes to their positions in the company. Princeton Global Asset Management LLC lifted its position in shares of eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC bought a new stake in eBay in the 1st quarter valued at about $26,000. GFG Capital LLC purchased a new stake in eBay during the second quarter valued at about $28,000. Hantz Financial Services Inc. lifted its holdings in eBay by 153.4% during the second quarter. Hantz Financial Services Inc. now owns 451 shares of the e-commerce company’s stock valued at $34,000 after purchasing an additional 273 shares during the last quarter. Finally, Private Wealth Asset Management LLC increased its stake in shares of eBay by 1,470.6% in the second quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company’s stock worth $40,000 after purchasing an additional 500 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on EBAY. Morgan Stanley upped their price target on shares of eBay from $89.00 to $102.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Barclays increased their target price on eBay from $92.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Stifel Nicolaus cut their price target on eBay from $89.00 to $88.00 in a report on Thursday, October 30th. Truist Financial boosted their price objective on eBay from $86.00 to $92.00 and gave the company a “hold” rating in a research note on Monday, November 3rd. Finally, Benchmark raised their target price on eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $94.38.

Insider Activity at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction 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 $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 is available at this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was 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 $8,361,385.76. The trade was a 4.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 63,317 shares of company stock worth $5,361,568. Corporate insiders own 0.64% of the company’s stock.

eBay Price Performance

NASDAQ:EBAY opened at $83.80 on Friday. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The stock has a fifty day moving average of $90.74 and a 200 day moving average of $83.43. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $37.88 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The firm had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the company posted $1.19 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, research analysts expect that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. eBay’s dividend payout ratio (DPR) is 25.22%.

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.