eBay Inc. $EBAY Stock Holdings Lessened by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC cut its stake in shares of eBay Inc. (NASDAQ:EBAY) by 14.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,796 shares of the e-commerce company’s stock after selling 652 shares during the period. Foundations Investment Advisors LLC’s holdings in eBay were worth $283,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Hemington Wealth Management grew its holdings in shares of eBay by 7.7% during the 2nd quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock valued at $129,000 after acquiring an additional 124 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in eBay by 9.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock valued at $124,000 after purchasing an additional 137 shares during the last quarter. Capital Investment Advisors LLC boosted its position in eBay by 2.2% during the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock valued at $468,000 after purchasing an additional 138 shares during the last quarter. Kovitz Investment Group Partners LLC grew its stake in eBay by 0.6% in the first quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock valued at $1,560,000 after purchasing an additional 143 shares in the last quarter. Finally, Journey Strategic Wealth LLC grew its stake in eBay by 4.4% in the first quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company’s stock valued at $266,000 after purchasing an additional 166 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Price Performance

NASDAQ EBAY opened at $80.05 on Friday. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The company has a fifty day simple moving average of $89.30 and a 200 day simple moving average of $84.34. 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 $36.18 billion, a P/E ratio of 17.40, a P/E/G ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the firm posted $1.19 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, sell-side analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a dividend of $0.29 per share. The ex-dividend date is Friday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.4%. eBay’s dividend payout ratio is presently 25.22%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Robert W. Baird raised their price target on eBay from $89.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Sanford C. Bernstein set a $90.00 price objective on shares of eBay in a research report on Friday, October 31st. Morgan Stanley lifted their target price on shares of eBay from $89.00 to $102.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Rothschild & Co Redburn decreased their target price on shares of eBay from $95.00 to $90.00 in a research report on Friday, November 7th. Finally, President Capital upgraded shares of eBay from a “neutral” rating to a “buy” rating and raised their price target for the company from $74.00 to $103.00 in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $94.69.

Insiders Place Their Bets

In other news, SVP Cornelius Boone sold 4,439 shares of the firm’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the sale, the senior vice president owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the transaction, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 64,323 shares of company stock worth $5,444,100. Corporate insiders own 0.64% of the company’s stock.

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.