denkapparat Operations GmbH Purchases 4,706 Shares of eBay Inc. $EBAY

denkapparat Operations GmbH increased its position in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 112.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,876 shares of the e-commerce company’s stock after purchasing an additional 4,706 shares during the quarter. denkapparat Operations GmbH’s holdings in eBay were worth $661,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EBAY. Allworth Financial LP boosted its stake in shares of eBay by 2.2% in the 1st quarter. Allworth Financial LP now owns 8,402 shares of the e-commerce company’s stock worth $565,000 after buying an additional 177 shares during the last quarter. Cerity Partners LLC lifted its holdings in eBay by 23.3% during the first quarter. Cerity Partners LLC now owns 108,387 shares of the e-commerce company’s stock worth $7,341,000 after acquiring an additional 20,497 shares during the period. New York State Common Retirement Fund boosted its position in eBay by 7.4% in the first quarter. New York State Common Retirement Fund now owns 350,793 shares of the e-commerce company’s stock worth $23,759,000 after purchasing an additional 24,262 shares during the last quarter. CWM LLC grew its stake in eBay by 19.9% in the 1st quarter. CWM LLC now owns 24,273 shares of the e-commerce company’s stock valued at $1,644,000 after purchasing an additional 4,030 shares during the period. Finally, Edgestream Partners L.P. increased its position in shares of eBay by 488.9% during the 1st quarter. Edgestream Partners L.P. now owns 31,239 shares of the e-commerce company’s stock valued at $2,116,000 after purchasing an additional 25,934 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

eBay Stock Performance

Shares of EBAY stock opened at $87.26 on Wednesday. The firm’s 50 day moving average is $90.58 and its 200 day moving average is $83.81. The stock has a market capitalization of $39.44 billion, a P/E ratio of 18.97, a PEG ratio of 2.39 and a beta of 1.29. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.45%. eBay’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, sell-side analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. eBay’s dividend payout ratio is 25.22%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EBAY. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price target on the stock in a report on Friday, October 24th. Evercore ISI boosted their target price on shares of eBay from $90.00 to $93.00 and gave the company an “in-line” rating in a research note on Thursday, October 30th. TD Cowen increased their target price on shares of eBay from $80.00 to $84.00 and gave the company a “hold” rating in a research report on Monday, October 20th. Wedbush raised their price target on shares of eBay from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, Citizens Jmp upgraded eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $94.38.

Read Our Latest Stock Report on EBAY

Insider Buying and Selling

In other news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the sale, the senior vice president directly owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. This represents a 92.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the transaction, the senior vice president owned 3,824 shares of the company’s stock, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 63,317 shares of company stock worth $5,361,568 in the last 90 days. 0.64% of the stock is owned by company insiders.

eBay Company Profile

(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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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