National Wealth Management Group LLC Makes New $680,000 Investment in eBay Inc. $EBAY

National Wealth Management Group LLC purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,477 shares of the e-commerce company’s stock, valued at approximately $680,000.

Other institutional investors have also modified their holdings of the company. Princeton Global Asset Management LLC raised 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 buying an additional 269 shares during the period. Financial Consulate Inc. acquired a new position in shares of eBay during the third quarter worth $27,000. GFG Capital LLC purchased a new position in shares of eBay in the second quarter valued at $28,000. Steigerwald Gordon & Koch Inc. acquired a new stake in eBay during the 3rd quarter valued at $28,000. Finally, Sumitomo Mitsui Financial Group Inc. increased its stake in eBay by 155.3% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock worth $30,000 after buying an additional 250 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $93.61 on Monday. The company has a market cap of $42.31 billion, a PE ratio of 20.35, a P/E/G ratio of 2.18 and a beta of 1.35. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. The firm has a 50-day simple moving average of $86.25 and a 200 day simple moving average of $88.49. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a return on equity of 41.94% and a net margin of 20.37%.eBay’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. On average, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total value of $585,478.68. Following the sale, the chief executive officer directly owned 235,781 shares in the company, valued at $19,117,123.48. This trade represents a 2.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the transaction, the senior vice president owned 91,921 shares of the company’s stock, valued at approximately $7,715,848.74. This trade represents a 4.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,675 shares of company stock valued at $4,388,825 over the last three months. 0.64% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on EBAY shares. Wall Street Zen raised eBay from a “hold” rating to a “buy” rating in a research report on Saturday, January 3rd. Piper Sandler lowered their price objective on eBay from $102.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday, November 11th. Jefferies Financial Group upped their target price on eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research report on Friday, October 17th. Daiwa Capital Markets decreased their price target on shares of eBay from $99.00 to $84.00 and set a “neutral” rating for the company in a research report on Wednesday, November 12th. Finally, Evercore ISI lifted their price target on shares of eBay from $90.00 to $93.00 and gave the stock an “in-line” rating in a research note on Thursday, October 30th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $95.66.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.