eBay (NASDAQ:EBAY) Upgraded at Citizens Jmp

Citizens Jmp upgraded shares of eBay (NASDAQ:EBAY) from a market perform rating to an outperform rating in a research note released on Friday morning, Marketbeat reports. The firm currently has $115.00 price target on the e-commerce company’s stock.

EBAY has been the subject of several other research reports. Wall Street Zen cut eBay from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. TD Cowen increased their target price on shares of eBay from $80.00 to $84.00 and gave the company a “hold” rating in a research report on Monday, October 20th. B. Riley increased their target price on shares of eBay from $94.00 to $96.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Argus reiterated a “hold” rating on shares of eBay in a research report on Thursday, August 14th. Finally, JMP Securities upgraded shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price objective for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $89.13.

eBay Price Performance

Shares of EBAY opened at $97.20 on Friday. eBay has a 12-month low of $56.33 and a 12-month high of $101.15. The business has a 50-day simple moving average of $92.62 and a two-hundred day simple moving average of $81.88. 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 stock has a market cap of $44.42 billion, a PE ratio of 21.41, a PEG ratio of 2.34 and a beta of 1.31.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.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 prior year, the firm posted $1.18 earnings per share. 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. Analysts anticipate that eBay will post 3.86 earnings per share for the current fiscal year.

Insider Buying and Selling at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the sale, the senior vice president owned 3,824 shares of the company’s stock, valued at approximately $341,521.44. This trade represents a 33.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $91.76, for a total transaction of $662,598.96. Following the transaction, the chief executive officer owned 250,223 shares of the company’s stock, valued at $22,960,462.48. This represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 96,743 shares of company stock worth $8,979,844. 0.64% of the stock is owned by company insiders.

Hedge Funds Weigh In On eBay

Hedge funds and other institutional investors have recently modified their holdings of the business. Impax Asset Management Group plc boosted its holdings in shares of eBay by 2,536.5% in the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock worth $239,037,000 after buying an additional 3,401,198 shares during the last quarter. ABN AMRO Bank N.V. purchased a new stake in shares of eBay in the second quarter worth about $235,149,000. Nuveen LLC purchased a new stake in shares of eBay in the first quarter worth $202,346,000. Pacer Advisors Inc. raised its holdings in shares of eBay by 5,181.4% in the 1st 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of eBay by 1,007.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after buying an additional 1,992,116 shares in the last quarter. Hedge funds and other institutional investors own 87.48% 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.