Northern Financial Advisors Inc Boosts Holdings in eBay Inc. $EBAY

Key Points

• Northern Financial Advisors Inc increased its stake in eBay Inc. by 49.2% during the 2nd quarter, bringing its total holdings to 10,587 shares valued at approximately $788,000.
• Recent insider transactions include SVP Jordan Douglas Bradle Sweetnam selling 22,206 shares for around $1.73 million and SVP Mazen Rawashdeh selling 1,910 shares, signifying notable insider activity over the past three months.
• Analysts have issued mixed ratings on eBay, with price targets ranging from $70.00 to $102.00, following several upgrades in light of the company's earnings performance and growth outlook.

Northern Financial Advisors Inc raised its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 49.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,587 shares of the e-commerce company's stock after purchasing an additional 3,492 shares during the quarter. Northern Financial Advisors Inc's holdings in eBay were worth $788,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC raised its holdings in eBay by 2.2% in the 2nd quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company's stock valued at $468,000 after acquiring an additional 138 shares during the last quarter. Kovitz Investment Group Partners LLC increased its holdings in shares of eBay by 0.6% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company's stock worth $1,560,000 after buying an additional 143 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of eBay by 36.5% during the 1st quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock worth $41,000 after buying an additional 160 shares during the last quarter. Capital Investment Advisory Services LLC increased its holdings in shares of eBay by 4.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company's stock worth $285,000 after buying an additional 160 shares during the last quarter. Finally, Journey Strategic Wealth LLC increased its holdings in shares of eBay by 4.4% during the 1st quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company's stock worth $266,000 after buying an additional 166 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total value of $1,729,847.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of the firm's stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the transaction, the senior vice president directly owned 3,824 shares of the company's stock, valued at $341,521.44. This represents a 33.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 111,728 shares of company stock worth $10,047,092 over the last three months. 0.64% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

EBAY has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their price target on shares of eBay from $84.00 to $89.00 and gave the stock an "equal weight" rating in a report on Tuesday. BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $70.00 to $102.00 in a report on Thursday, July 31st. Arete Research upgraded shares of eBay from a "strong sell" rating to a "hold" rating in a report on Thursday, August 7th. Piper Sandler raised their price target on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Finally, Morgan Stanley raised their price target on shares of eBay from $81.00 to $89.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $81.29.

eBay Stock Performance

NASDAQ:EBAY opened at $93.04 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. 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 $42.52 billion, a P/E ratio of 20.49, a PEG ratio of 2.22 and a beta of 1.31. The company has a 50 day moving average price of $92.86 and a 200 day moving average price of $79.25.

eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. During the same quarter last year, the company posted $1.18 EPS. The firm'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. Equities research analysts forecast that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

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

eBay 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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