Vest Financial LLC cut its stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 646,315 shares of the e-commerce company’s stock after selling 7,901 shares during the period. Vest Financial LLC’s holdings in eBay were worth $48,125,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Wealth Preservation Advisors LLC acquired a new stake in shares of eBay during the first quarter valued at about $26,000. GFG Capital LLC acquired a new stake in shares of eBay during the second quarter valued at about $28,000. Abound Financial LLC acquired a new stake in shares of eBay during the first quarter valued at about $29,000. Sierra Ocean LLC boosted its stake in shares of eBay by 84.9% in the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock valued at $36,000 after purchasing an additional 247 shares during the period. Finally, North Capital Inc. purchased a new position in shares of eBay in the first quarter valued at approximately $38,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
EBAY has been the subject of several recent research reports. BMO Capital Markets raised shares of eBay from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $70.00 to $102.00 in a research note on Thursday, July 31st. Susquehanna raised their price objective on shares of eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. Needham & Company LLC raised their price objective on shares of eBay from $78.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. UBS Group set a $87.00 price objective on shares of eBay in a research note on Thursday, July 31st. Finally, Stifel Nicolaus raised their price objective on shares of eBay from $62.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $81.29.
eBay Stock Down 1.8%
Shares of eBay stock opened at $88.55 on Monday. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. The company has a 50 day moving average of $93.06 and a 200 day moving average of $79.84. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $40.47 billion, a P/E ratio of 19.50, a P/E/G ratio of 2.13 and a beta of 1.31.
eBay (NASDAQ:EBAY – Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the firm earned $1.18 earnings per share. 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. As a group, research analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal 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. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s payout ratio is currently 25.55%.
Insider Buying and Selling at eBay
In other news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total transaction of $1,729,847.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Julie A. Loeger sold 75,952 shares of the business’s 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 sale, the senior vice president owned 53,107 shares of the company’s stock, valued at $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 ninety days, insiders have sold 118,949 shares of company stock worth $10,709,691. 0.64% of the stock is owned by insiders.
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.
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