Invst LLC Takes Position in eBay Inc. $EBAY

Key Points

• Invst LLC acquired a new position in eBay Inc. with 10,110 shares valued at approximately $685,000, reflecting growing interest from institutional investors.
• eBay CEO Jamie Iannone recently sold 7,221 shares, while SVP Julie A. Loeger sold 75,952 shares, indicating significant insider trading activity.
• eBay reported $1.37 EPS for the last quarter, surpassing analysts' expectations, and set a Q3 guidance of 1.290-1.340 EPS.

Invst LLC bought a new position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,110 shares of the e-commerce company's stock, valued at approximately $685,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Preservation Advisors LLC acquired a new stake in eBay in the 1st quarter worth about $26,000. Orion Capital Management LLC acquired a new stake in eBay in the 4th quarter worth about $27,000. Abound Financial LLC acquired a new stake in eBay in the 1st quarter worth about $29,000. Pinney & Scofield Inc. acquired a new stake in eBay in the 4th quarter worth about $31,000. Finally, Sierra Ocean LLC raised its stake in eBay by 84.9% in the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock worth $36,000 after purchasing an additional 247 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

eBay Trading Down 0.5%

EBAY traded down $0.44 during trading on Monday, reaching $90.36. 4,002,581 shares of the company's stock were exchanged, compared to its average volume of 5,268,855. eBay Inc. has a one year low of $56.33 and a one year 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 stock has a market capitalization of $41.29 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 2.20 and a beta of 1.32. The firm has a fifty day moving average price of $88.92 and a two-hundred day moving average price of $76.61.

eBay (NASDAQ:EBAY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.07. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. eBay's revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders 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 annualized dividend and a dividend yield of 1.3%. eBay's dividend payout ratio is currently 25.55%.

Insider Activity

In related news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total transaction of $1,729,847.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the 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 transaction, the senior vice president owned 53,107 shares of the company's stock, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 174,801 shares of company stock worth $14,763,913 over the last quarter. Insiders own 0.64% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on EBAY shares. Morgan Stanley boosted their target price on shares of eBay from $81.00 to $89.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Piper Sandler boosted their target price on shares of eBay from $74.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Wells Fargo & Company boosted their target price 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. Arete upgraded shares of eBay from a "sell" rating to a "neutral" rating and set a $91.00 target price for the company in a research report on Thursday, August 7th. Finally, Wall Street Zen cut shares of eBay from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. One equities research 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $78.89.

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.