Eaton Financial Holdings Company LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,713 shares of the e-commerce company's stock, valued at approximately $1,468,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Procyon Advisors LLC raised its holdings in eBay by 100.7% in the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company's stock valued at $2,293,000 after acquiring an additional 15,449 shares in the last quarter. Marvin & Palmer Associates Inc. bought a new position in shares of eBay in the 1st quarter worth about $2,958,000. Assenagon Asset Management S.A. lifted its position in shares of eBay by 0.5% in the 1st quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company's stock worth $3,596,000 after buying an additional 246 shares during the last quarter. IFP Advisors Inc lifted its position in shares of eBay by 59.6% in the 1st quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company's stock worth $261,000 after buying an additional 1,440 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of eBay by 2.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company's stock worth $5,381,000 after buying an additional 2,095 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.
Insider Activity at eBay
In other news, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. This trade represents a 58.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Cornelius Boone sold 4,439 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president owned 93,392 shares of the company's stock, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 157,553 shares of company stock worth $13,505,983. Company insiders own 0.64% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the stock. Needham & Company LLC raised their price target on shares of eBay from $78.00 to $95.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Cantor Fitzgerald raised their price target on shares of eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, July 31st. Wedbush restated a "neutral" rating and issued a $72.00 price target on shares of eBay in a research report on Wednesday, June 11th. Morgan Stanley raised their price target on shares of eBay from $81.00 to $89.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Finally, Barclays restated an "overweight" rating and issued a $92.00 price target (up from $77.00) on shares of eBay in a research report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $78.89.
Check Out Our Latest Analysis on EBAY
eBay Stock Performance
NASDAQ:EBAY opened at $90.59 on Tuesday. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. 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 50-day moving average of $90.25 and a 200-day moving average of $77.40. The firm has a market cap of $41.40 billion, a price-to-earnings ratio of 19.95, a price-to-earnings-growth ratio of 2.20 and a beta of 1.32.
eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the firm posted $1.18 EPS. The business's revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.
eBay Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a dividend of $0.29 per share. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay's dividend payout ratio (DPR) is 25.55%.
eBay Company Profile
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Free Report)
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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