Family Capital Trust Co Trims Position in eBay Inc. $EBAY

Key Points

• Family Capital Trust Co reduced its stake in eBay by 18.6% during Q2, now owning 30,150 shares valued at $2.25 million.
• Analysts have a mixed outlook on eBay, with average target price forecasted at $84.59, and ratings ranging from Strong Buy to Sell.
• eBay reported a Q2 earnings per share of $1.37, exceeding expectations, and also announced a quarterly dividend of $0.29.

Family Capital Trust Co lessened its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 18.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,150 shares of the e-commerce company's stock after selling 6,880 shares during the period. eBay accounts for about 0.8% of Family Capital Trust Co's portfolio, making the stock its 28th largest position. Family Capital Trust Co's holdings in eBay were worth $2,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Stephens Inc. AR increased its stake in eBay by 1.8% in the 2nd quarter. Stephens Inc. AR now owns 103,554 shares of the e-commerce company's stock worth $7,711,000 after buying an additional 1,870 shares during the period. Cidel Asset Management Inc. increased its stake in eBay by 11.3% in the 2nd quarter. Cidel Asset Management Inc. now owns 6,007 shares of the e-commerce company's stock worth $447,000 after buying an additional 608 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in eBay in the 2nd quarter worth about $62,986,000. Private Trust Co. NA increased its stake in eBay by 27.1% in the 2nd quarter. Private Trust Co. NA now owns 4,311 shares of the e-commerce company's stock worth $321,000 after buying an additional 918 shares during the period. Finally, Angeles Wealth Management LLC purchased a new position in eBay in the 2nd quarter worth about $205,000. Hedge funds and other institutional investors own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Mizuho assumed coverage on shares of eBay in a research report on Monday, September 29th. They set a "neutral" rating and a $98.00 target price on the stock. Benchmark raised their target price on shares of eBay from $78.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised 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. Deutsche Bank Aktiengesellschaft raised their target price on shares of eBay from $75.00 to $90.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Finally, Cantor Fitzgerald raised 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, eBay presently has an average rating of "Hold" and an average target price of $84.59.

eBay Stock Up 0.9%

NASDAQ:EBAY opened at $92.01 on Monday. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The stock has a market capitalization of $42.05 billion, a P/E ratio of 20.27, a P/E/G ratio of 2.22 and a beta of 1.31. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The company's 50-day simple moving average is $92.89 and its 200-day simple moving average is $80.66.

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

eBay Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were paid a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. eBay's dividend payout ratio (DPR) is 25.55%.

Insider Activity at eBay

In related news, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction that occurred on 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 directly owned 53,107 shares in the company, valued at $4,952,227.75. This trade represents a 58.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the sale, the senior vice president owned 3,824 shares of the company's stock, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 96,743 shares of company stock valued at $8,979,844 over the last 90 days. Company insiders own 0.64% of the company's stock.

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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