NorthRock Partners LLC Purchases 676 Shares of eBay Inc. $EBAY

NorthRock Partners LLC increased its position in shares of eBay Inc. (NASDAQ:EBAY) by 14.3% during the second quarter, HoldingsChannel reports. The fund owned 5,396 shares of the e-commerce company’s stock after buying an additional 676 shares during the quarter. NorthRock Partners LLC’s holdings in eBay were worth $402,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Independent Franchise Partners LLP boosted its stake in shares of eBay by 4.6% during the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after purchasing an additional 510,629 shares in the last quarter. Invesco Ltd. increased its stake in shares of eBay by 8.0% in the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock valued at $571,736,000 after buying an additional 627,823 shares during the period. Northern Trust Corp raised its holdings in eBay by 4.4% in the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock valued at $481,525,000 after buying an additional 300,216 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock worth $417,021,000 after buying an additional 322,910 shares during the period. Finally, Impax Asset Management Group plc grew its holdings in eBay by 2,536.5% during the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock worth $239,037,000 after acquiring an additional 3,401,198 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

Shares of eBay stock opened at $90.87 on Thursday. The business has a 50-day moving average price of $92.95 and a two-hundred day moving average price of $80.15. eBay Inc. has a 1-year low of $56.33 and a 1-year 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. The company has a market cap of $41.53 billion, a P/E ratio of 20.02, a PEG ratio of 2.19 and a beta of 1.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the previous year, the business earned $1.18 EPS. The firm’s revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, analysts anticipate 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 given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio (DPR) is 25.55%.

Analyst Ratings Changes

EBAY has been the subject of several analyst reports. Benchmark raised their price target on shares of eBay from $78.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Stifel Nicolaus raised their target price on eBay from $62.00 to $68.00 and gave the stock a “hold” rating in a research report on Tuesday, July 29th. Mizuho initiated coverage on eBay in a report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a research note on Wednesday, October 8th. Finally, Argus restated a “hold” rating on shares of eBay in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus target price of $84.11.

Insider Activity at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of the business’s stock in a transaction 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 transaction, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. The trade was a 33.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares in the company, valued at approximately $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 96,743 shares of company stock worth $8,979,844. 0.64% of the stock is owned by insiders.

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.