CreativeOne Wealth LLC Sells 15,478 Shares of eBay Inc. $EBAY

Key Points

• CreativeOne Wealth LLC reduced its holdings in eBay Inc. by 78.3%, selling 15,478 shares and now owning only 4,302 shares valued at $291,000.
• eBay's CEO Jamie Iannone and SVP Julie A. Loeger sold significant shares, with Iannone selling over $961,000 worth and Loeger over $7 million, reflecting a substantial decrease in their holdings.
• Several analysts have raised eBay’s target price, with Barclays setting a new target of $92.00, while the consensus rating remains a "Hold" and the target price at $78.89.

CreativeOne Wealth LLC trimmed its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 78.3% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 4,302 shares of the e-commerce company's stock after selling 15,478 shares during the quarter. CreativeOne Wealth LLC's holdings in eBay were worth $291,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EBAY. Orion Capital Management LLC bought a new stake in shares of eBay during the 4th quarter valued at $27,000. Abound Financial LLC bought a new stake in shares of eBay during the 1st quarter valued at $29,000. Pinney & Scofield Inc. bought a new stake in shares of eBay during the 4th quarter valued at $31,000. Sierra Ocean LLC lifted its position in shares of eBay by 84.9% during the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock valued at $36,000 after acquiring an additional 247 shares during the period. Finally, Ameriflex Group Inc. bought a new stake in shares of eBay during the 4th quarter valued at $38,000. 87.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling at eBay

In other eBay news, CEO Jamie Iannone sold 10,974 shares of the company's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $75.75, for a total value of $831,280.50. Following the sale, the chief executive officer owned 306,651 shares in the company, valued at approximately $23,228,813.25. The trade was a 3.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Julie A. Loeger sold 75,952 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the sale, the senior vice president owned 53,107 shares in the company, valued at $4,952,227.75. This trade represents a 58.85% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 180,224 shares of company stock worth $15,096,833. Insiders own 0.64% of the company's stock.

Analyst Ratings Changes

EBAY has been the subject of a number of research analyst reports. Citizens Jmp raised eBay to a "hold" rating in a report on Thursday, July 10th. BMO Capital Markets raised eBay from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $70.00 to $102.00 in a report on Thursday, July 31st. Arete Research raised eBay from a "strong sell" rating to a "hold" rating in a report on Thursday, August 7th. Cantor Fitzgerald boosted their price target on eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Finally, Cowen reissued a "hold" rating on shares of eBay in a report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $78.89.

eBay Price Performance

EBAY traded down $0.37 on Friday, reaching $92.66. The stock had a trading volume of 5,656,404 shares, compared to its average volume of 5,654,809. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The firm has a 50-day moving average of $87.01 and a 200-day moving average of $75.52. 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 capitalization of $42.35 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 2.25 and a beta of 1.32.

eBay (NASDAQ:EBAY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. During the same quarter in the prior year, the firm earned $1.18 EPS. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. 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 year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 29th. eBay's payout ratio is 25.55%.

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.