FCG Investment Co Invests $791,000 in eBay Inc. $EBAY

Key Points

• FCG Investment Co has invested approximately $791,000 in eBay Inc. by acquiring 10,622 shares during the second quarter.
• Research analysts have recently upgraded eBay's stock rating, with Arete upgrading it from "sell" to "neutral" and Wells Fargo boosting its price target from $66.00 to $84.00.
• eBay reported a 6.1% increase in revenue year-over-year and a quarterly earnings per share of $1.37, exceeding analysts' estimates.

FCG Investment Co purchased a new position in eBay Inc. (NASDAQ:EBAY - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,622 shares of the e-commerce company's stock, valued at approximately $791,000.

A number of other large investors have also added to or reduced their stakes in the stock. Procyon Advisors LLC boosted its stake 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 during the last quarter. Marvin & Palmer Associates Inc. purchased a new position in eBay in the first quarter valued at approximately $2,958,000. Assenagon Asset Management S.A. grew its holdings in eBay by 0.5% during the first quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company's stock valued at $3,596,000 after purchasing an additional 246 shares during the period. IFP Advisors Inc increased its position in eBay by 59.6% in the first 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 raised its stake in shares of eBay by 2.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company's stock valued at $5,381,000 after buying an additional 2,095 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on EBAY shares. Arete upgraded eBay from a "sell" rating to a "neutral" rating and set a $91.00 price target for the company in a research note on Thursday, August 7th. Arete Research upgraded shares of eBay from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 7th. Wells Fargo & Company boosted their price target on shares of eBay from $66.00 to $84.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Citizens Jmp upgraded shares of eBay to a "hold" rating in a research note on Thursday, July 10th. Finally, President Capital upgraded shares of eBay from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $74.00 to $103.00 in a research note on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $79.75.

eBay Price Performance

EBAY stock opened at $93.11 on Friday. The firm has a 50 day simple moving average of $91.18 and a two-hundred day simple moving average of $77.77. The stock has a market cap of $42.55 billion, a PE ratio of 20.51, a P/E/G ratio of 2.26 and a beta of 1.32. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, August 29th. eBay's dividend payout ratio (DPR) is 25.55%.

Insider Transactions at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the sale, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. The trade was a 33.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total transaction 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. The trade was a 3.83% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 157,553 shares of company stock valued at $13,505,983. 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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