JB Capital LLC Raises Holdings in eBay Inc. $EBAY

JB Capital LLC raised its stake in eBay Inc. (NASDAQ:EBAY) by 3.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,910 shares of the e-commerce company’s stock after purchasing an additional 6,062 shares during the period. eBay comprises 0.8% of JB Capital LLC’s investment portfolio, making the stock its 24th biggest position. JB Capital LLC’s holdings in eBay were worth $18,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Garrett Wealth Advisory Group LLC raised its holdings in eBay by 3.8% in the second quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock valued at $244,000 after acquiring an additional 119 shares in the last quarter. Groupe la Francaise raised its holdings in shares of eBay by 8.2% in the 2nd quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock valued at $121,000 after purchasing an additional 123 shares in the last quarter. Hemington Wealth Management lifted its position 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 worth $129,000 after purchasing an additional 124 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of eBay by 9.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock worth $124,000 after purchasing an additional 137 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its stake in shares of eBay by 2.2% during the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock worth $468,000 after purchasing an additional 138 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on EBAY. Barclays raised their price target on eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Citizens Jmp upgraded eBay from a “market perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research note on Friday, October 24th. Benchmark upped their price target on eBay from $100.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Truist Financial raised their price objective on shares of eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a report on Monday, November 3rd. Finally, Citigroup restated a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $94.41.

Insider Buying and Selling at eBay

In related news, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction on 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 sale, the senior vice president directly owned 91,921 shares of the company’s stock, valued at $7,715,848.74. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total transaction of $585,478.68. Following the completion of the sale, the chief executive officer owned 235,781 shares of the company’s stock, valued at $19,117,123.48. This trade represents a 2.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 60,896 shares of company stock valued at $5,051,424. Corporate insiders own 0.64% of the company’s stock.

eBay Stock Down 0.7%

EBAY stock opened at $87.10 on Wednesday. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $39.37 billion, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 2.21 and a beta of 1.35. The company has a fifty day moving average price of $85.02 and a 200 day moving average price of $86.50.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data 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. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the previous year, the business posted $1.19 earnings per share. eBay’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 and its Q4 2025 guidance at 1.310-1.360 EPS. Sell-side analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay’s dividend payout ratio is currently 25.22%.

eBay Profile

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.