Mitchell Mcleod Pugh & Williams Inc. Sells 200 Shares of eBay Inc. $EBAY

Mitchell Mcleod Pugh & Williams Inc. lowered its position in shares of eBay Inc. (NASDAQ:EBAY) by 2.3% during the second quarter, HoldingsChannel.com reports. The fund owned 8,409 shares of the e-commerce company’s stock after selling 200 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in eBay were worth $626,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of EBAY. Impax Asset Management Group plc boosted its position in eBay by 2,536.5% during 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 acquiring an additional 3,401,198 shares during the last quarter. Nuveen LLC bought a new stake in eBay during the first quarter valued at $202,346,000. Pacer Advisors Inc. boosted its position in eBay by 5,181.4% during 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 acquiring an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in eBay by 253.1% during 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 acquiring an additional 1,981,011 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in shares of eBay by 19,822.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock worth $96,126,000 after purchasing an additional 1,284,501 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Activity

In other eBay news, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president owned 93,392 shares of the company’s stock, valued at $8,361,385.76. This trade represents a 4.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $7,082,524.00. Following the transaction, the senior vice president directly owned 53,107 shares in the company, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 96,743 shares of company stock worth $8,979,844. Corporate insiders own 0.64% of the company’s stock.

eBay Trading Up 1.9%

EBAY opened at $91.06 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The firm has a market capitalization of $41.61 billion, a PE ratio of 20.06, a P/E/G ratio of 2.15 and a beta of 1.31. The company’s 50-day moving average is $92.98 and its 200 day moving average is $80.07.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.64 billion. During the same quarter in the prior year, the business posted $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, research analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio is currently 25.55%.

Analyst Ratings Changes

EBAY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of eBay from $75.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Benchmark increased their price objective on shares of eBay from $78.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Wells Fargo & Company increased their price objective on shares of eBay from $84.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 7th. Mizuho initiated coverage on shares of eBay in a research report on Monday, September 29th. They set a “neutral” rating and a $98.00 price objective on the stock. Finally, BMO Capital Markets raised shares of eBay from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $70.00 to $102.00 in a research report on Thursday, July 31st. 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 given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $83.00.

eBay Company 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.