Phoenix Financial Ltd. Makes New $253,000 Investment in eBay Inc. $EBAY

Key Points

• Phoenix Financial Ltd. has made a new investment in eBay Inc., purchasing 3,395 shares valued at approximately $253,000 during the second quarter.
• eBay's stock shows a consensus rating of "Hold" with a target price of $86.54, while various brokerages set price objectives ranging from $70.00 to $102.00.
• In its recent earnings report, eBay exceeded estimates, posting $1.37 earnings per share for the quarter, alongside a revenue of $2.73 billion.

Phoenix Financial Ltd. bought a new position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,395 shares of the e-commerce company's stock, valued at approximately $253,000.

Other large investors also recently bought and sold shares of the company. Princeton Global Asset Management LLC grew its position in eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company's stock worth $25,000 after purchasing an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new stake in eBay during the 1st quarter worth approximately $26,000. GFG Capital LLC acquired a new stake in eBay during the 2nd quarter valued at approximately $28,000. Abound Financial LLC acquired a new stake in eBay during the 1st quarter valued at approximately $29,000. Finally, Private Wealth Asset Management LLC lifted its stake in eBay by 1,470.6% during the 2nd quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company's stock valued at $40,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EBAY. UBS Group set a $87.00 price objective on shares of eBay in a research note on Thursday, July 31st. Wall Street Zen cut shares of eBay from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Argus restated a "hold" rating on shares of eBay in a research note on Thursday, August 14th. B. Riley lifted their price objective on shares of eBay from $94.00 to $96.00 and gave the company a "buy" rating in a research note on Monday. Finally, BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $70.00 to $102.00 in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $86.54.

eBay Stock Performance

EBAY opened at $95.37 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a fifty day moving average price of $92.75 and a 200 day moving average price of $81.09. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15. The stock has a market cap of $43.58 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.29 and a beta of 1.31.

eBay (NASDAQ:EBAY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (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 firm had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. During the same period in the previous year, the business posted $1.18 EPS. The business'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 anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company 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. This represents a $1.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 29th. eBay's payout ratio is currently 25.55%.

Insider Activity at eBay

In related news, SVP Cornelius Boone sold 4,439 shares of the business's 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 sale, the senior vice president owned 93,392 shares of the company's stock, valued at approximately $8,361,385.76. The trade was a 4.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business's stock in a transaction 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 directly owned 3,824 shares of the company's stock, valued at approximately $341,521.44. The trade was a 33.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 96,743 shares of company stock worth $8,979,844 in the last quarter. 0.64% of the stock is owned by insiders.

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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