Baird Financial Group Inc. Sells 6,673 Shares of eBay Inc. $EBAY

Key Points

• Baird Financial Group Inc. reduced its holdings in eBay Inc. by 11.1%, selling 6,673 shares in the first quarter, leaving it with a total of 53,641 shares valued at approximately $3.63 million.
• The company's quarterly revenue increased by 6.1% year-over-year, totaling $2.73 billion, and it reported an EPS of $1.37, surpassing estimates by $0.07.
• eBay declared a quarterly dividend of $0.29 per share, offering a dividend yield of 1.3%, with the payment scheduled for September 12th to shareholders of record on August 29th.

Baird Financial Group Inc. decreased its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 11.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,641 shares of the e-commerce company's stock after selling 6,673 shares during the period. Baird Financial Group Inc.'s holdings in eBay were worth $3,633,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EBAY. Wealth Preservation Advisors LLC bought a new position in shares of eBay in the first quarter worth $26,000. Abound Financial LLC bought a new position in shares of eBay in the first quarter worth $29,000. Orion Capital Management LLC bought a new position in shares of eBay in the fourth quarter worth $27,000. Pinney & Scofield Inc. bought a new position in shares of eBay in the fourth quarter worth $31,000. Finally, Sierra Ocean LLC increased its position 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 worth $36,000 after purchasing an additional 247 shares during the period. Institutional investors own 87.48% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Susquehanna raised their price target on eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. raised their price objective on eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. Benchmark raised their price objective on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Cfra Research raised eBay to a "moderate buy" rating in a research note on Thursday, June 5th. Finally, Arete raised eBay from a "sell" rating to a "neutral" rating and set a $91.00 price objective on the stock in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, eBay currently has a consensus rating of "Hold" and a consensus target price of $78.89.

eBay Trading Up 1.3%

Shares of eBay stock traded up $1.17 during midday trading on Thursday, reaching $92.46. The company had a trading volume of 4,427,569 shares, compared to its average volume of 5,420,584. The stock has a fifty day moving average price of $88.34 and a 200 day moving average price of $76.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $42.25 billion, a PE ratio of 20.37, a P/E/G ratio of 2.21 and a beta of 1.32. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts anticipate 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 will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be paid 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 of this dividend is Friday, August 29th. eBay's payout ratio is currently 25.55%.

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of eBay stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total value of $1,825,935.86. Following the transaction, the senior vice president directly owned 44,413 shares of the company's stock, valued at $3,436,677.94. The trade was a 34.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total value of $961,196.88. Following the completion of the sale, the chief executive officer owned 317,625 shares of the company's stock, valued at approximately $24,145,852.50. The trade was a 3.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 174,801 shares of company stock valued at $14,763,913 over the last ninety days. 0.64% of the stock is owned by company 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.