Callan Family Office LLC Reduces Stock Holdings in eBay Inc. $EBAY

Key Points

• Callan Family Office LLC reduced its stake in eBay by 52.6% to 6,383 shares, with holdings valued at $432,000.
• eBay recently declared a quarterly dividend of $0.29, which will be paid on September 12, representing an annual yield of 1.2%.
• Analysts have mixed ratings on eBay, with 21 hold ratings, 10 buy ratings, and a consensus target price of $78.19.

Callan Family Office LLC lessened its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 52.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,383 shares of the e-commerce company's stock after selling 7,087 shares during the quarter. Callan Family Office LLC's holdings in eBay were worth $432,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Rosenberg Matthew Hamilton increased its stake in eBay by 36.5% in the 1st quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock valued at $41,000 after buying an additional 160 shares during the last quarter. Capital Investment Advisory Services LLC raised its holdings in eBay by 4.0% during the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company's stock worth $285,000 after acquiring an additional 160 shares in the last quarter. Journey Strategic Wealth LLC raised its holdings in eBay by 4.4% during the first quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company's stock worth $266,000 after acquiring an additional 166 shares in the last quarter. Hohimer Wealth Management LLC boosted its position in eBay by 0.3% during the first quarter. Hohimer Wealth Management LLC now owns 59,414 shares of the e-commerce company's stock valued at $4,024,000 after purchasing an additional 167 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its stake in eBay by 1.9% in the first quarter. Kestra Private Wealth Services LLC now owns 9,149 shares of the e-commerce company's stock valued at $620,000 after purchasing an additional 168 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Performance

Shares of NASDAQ:EBAY traded up $0.5560 during midday trading on Tuesday, reaching $99.5860. The company had a trading volume of 1,056,782 shares, compared to its average volume of 5,607,374. The stock has a market cap of $45.51 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.43 and a beta of 1.27. The company's 50 day moving average price is $81.99 and its 200 day moving average price is $73.06. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.30 by $0.07. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 29th. eBay's dividend payout ratio is presently 25.55%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EBAY shares. Sanford C. Bernstein cut eBay from an "outperform" rating to a "market perform" rating and cut their price objective for the company from $70.00 to $65.00 in a research report on Tuesday, April 22nd. Cfra Research upgraded eBay to a "moderate buy" rating in a research note on Thursday, June 5th. Barclays reiterated an "overweight" rating and set a $92.00 price target (up previously from $77.00) on shares of eBay in a research report on Thursday, July 31st. Evercore ISI boosted their target price on eBay from $63.00 to $69.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Finally, Cantor Fitzgerald lifted their price target on shares of eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, eBay currently has a consensus rating of "Hold" and a consensus price target of $78.19.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 12,644 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total value of $961,196.88. Following the sale, the chief executive officer directly owned 317,625 shares in the company, valued at $24,145,852.50. This represents a 3.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the company's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the transaction, the senior vice president directly owned 44,413 shares of the company's stock, valued at approximately $3,436,677.94. This trade represents a 34.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 276,104 shares of company stock valued at $22,025,676 over the last ninety days. 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.