Venturi Wealth Management LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,086 shares of the e-commerce company’s stock, valued at approximately $230,000.
Other institutional investors have also made changes to their positions in the company. Wealth Preservation Advisors LLC bought a new stake in shares of eBay in the first quarter worth $26,000. Abound Financial LLC acquired a new position in eBay during the first quarter worth $29,000. Sierra Ocean LLC increased its holdings 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 last quarter. North Capital Inc. acquired a new position in shares of eBay in the first quarter valued at $38,000. Finally, Tsfg LLC increased its holdings in shares of eBay by 58.8% in the first quarter. Tsfg LLC now owns 602 shares of the e-commerce company’s stock valued at $41,000 after purchasing an additional 223 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.
Insider Transactions at eBay
In other news, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the transaction, the senior vice president owned 93,392 shares of the company’s stock, valued at $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the company’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 value of $1,729,847.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 118,949 shares of company stock valued at $10,709,691. 0.64% of the stock is owned by company insiders.
eBay Stock Down 1.8%
eBay (NASDAQ:EBAY – Get Free Report) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.
eBay Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. eBay’s dividend payout ratio is 25.55%.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on EBAY shares. Cantor Fitzgerald boosted their target price on shares of eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Morgan Stanley boosted their target price on shares of eBay from $81.00 to $89.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Mizuho started coverage on shares of eBay in a research report on Monday, September 29th. They issued a “neutral” rating and a $98.00 target price for the company. JPMorgan Chase & Co. boosted their target price on shares of eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Friday, July 11th. Finally, UBS Group set a $87.00 price objective on shares of eBay in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $81.29.
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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