eBay Inc. $EBAY Shares Purchased by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC boosted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,476 shares of the e-commerce company’s stock after acquiring an additional 235 shares during the quarter. Resonant Capital Advisors LLC’s holdings in eBay were worth $3,833,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Princeton Global Asset Management LLC increased its holdings 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 purchasing an additional 269 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in eBay during the first quarter worth $26,000. GFG Capital LLC acquired a new stake in eBay during the second quarter valued at $28,000. Abound Financial LLC purchased a new position in eBay in the first quarter valued at $29,000. Finally, Private Wealth Asset Management LLC raised its position 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 acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In related news, SVP Cornelius Boone sold 4,439 shares of the stock in a transaction that occurred on 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 sale, the senior vice president owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total value of $666,714.93. Following the transaction, the chief executive officer directly owned 246,812 shares in the company, valued at $22,788,151.96. This trade 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 valued at $8,979,844. Company insiders own 0.64% of the company’s stock.

eBay Stock Up 1.8%

Shares of EBAY opened at $97.20 on Friday. The stock has a 50 day moving average price of $92.62 and a 200 day moving average price of $81.74. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. 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 stock has a market capitalization of $44.42 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.34 and a beta of 1.31.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter in the previous year, the company posted $1.18 EPS. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Equities research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. eBay’s dividend payout ratio is presently 25.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EBAY shares. TD Cowen raised their target price on eBay from $80.00 to $84.00 and gave the company a “hold” rating in a research report on Monday, October 20th. Bank of America raised their price objective on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, August 25th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research report on Friday. Morgan Stanley increased their target price on eBay from $89.00 to $102.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, Jefferies Financial Group boosted their price target on shares of eBay from $60.00 to $65.00 and gave the stock an “underperform” rating in a report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $89.13.

About eBay

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.