Generali Investments CEE investicni spolecnost a.s. Lowers Holdings in eBay Inc. $EBAY

Key Points

• Generali Investments CEE has reduced its stake in eBay by 16.7%, selling 12,800 shares during the second quarter, leaving it with 64,050 shares valued at approximately $4.77 million.
• Wall Street analysts have raised eBay's target price, with Bank of America increasing it from $89.00 to $101.00 and several firms upgrading their ratings, indicating a consensus rating of "Hold".
• Insider transactions revealed eBay senior executives sold a total of 111,728 shares valued at over $10 million in the last 90 days, with insiders now owning only 0.64% of the company's stock.

Generali Investments CEE investicni spolecnost a.s. decreased its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 16.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,050 shares of the e-commerce company's stock after selling 12,800 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.'s holdings in eBay were worth $4,769,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Capital Investment Advisors LLC increased its holdings in shares of eBay by 2.2% in the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company's stock valued at $468,000 after purchasing an additional 138 shares during the last quarter. Kovitz Investment Group Partners LLC increased its holdings in shares of eBay by 0.6% in the first quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company's stock valued at $1,560,000 after purchasing an additional 143 shares during the last quarter. Rosenberg Matthew Hamilton increased its stake in eBay by 36.5% during the first quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock worth $41,000 after acquiring an additional 160 shares during the last quarter. Capital Investment Advisory Services LLC increased its stake in eBay by 4.0% during the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company's stock worth $285,000 after acquiring an additional 160 shares during the last quarter. Finally, Journey Strategic Wealth LLC increased its stake in eBay by 4.4% during the first quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company's stock worth $266,000 after acquiring an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Bank of America raised their target price on eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research note on Monday, August 25th. Citizens Jmp raised eBay to a "hold" rating in a research note on Thursday, July 10th. Morgan Stanley raised their target price on eBay from $81.00 to $89.00 and gave the stock an "overweight" 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 Research raised eBay from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $81.11.

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 stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the transaction, the senior vice president directly owned 3,824 shares in the company, valued at approximately $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 111,728 shares of company stock valued at $10,047,092 in the last 90 days. Insiders own 0.64% of the company's stock.

eBay Trading Down 0.2%

EBAY opened at $90.95 on Wednesday. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15. The business has a fifty day simple moving average of $91.87 and a 200-day simple moving average of $78.41. The firm has a market cap of $41.56 billion, a P/E ratio of 20.03, a P/E/G ratio of 2.20 and a beta of 1.32. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $2.64 billion. During the same period last year, the business posted $1.18 earnings per share. The company's quarterly revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts expect that eBay Inc. will post 3.86 earnings per share for the current 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 issued 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%.

About eBay

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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