Ritholtz Wealth Management Acquires 2,838 Shares of eBay Inc. $EBAY

Key Points

• Ritholtz Wealth Management increased its holdings in eBay Inc. (NASDAQ:EBAY) by 4.4% in Q2, acquiring an additional 2,838 shares, bringing its total to 66,853 shares valued at approximately $4.98 million.
• Several investment firms upgraded eBay's stock ratings, with price targets now ranging from $89.00 to $103.00, suggesting confidence in its growth potential.
• eBay reported $1.37 EPS for its last quarter, surpassing analyst expectations and showcasing a 6.1% revenue increase year-over-year.

Ritholtz Wealth Management raised its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 4.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,853 shares of the e-commerce company's stock after purchasing an additional 2,838 shares during the quarter. Ritholtz Wealth Management's holdings in eBay were worth $4,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in EBAY. Wealth Preservation Advisors LLC purchased a new position in shares of eBay in the 1st quarter worth about $26,000. GFG Capital LLC purchased a new stake in eBay during the second quarter worth about $28,000. Abound Financial LLC bought a new stake in eBay in the first quarter worth about $29,000. Sierra Ocean LLC boosted its stake in eBay by 84.9% in the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock valued at $36,000 after acquiring an additional 247 shares during the last quarter. Finally, North Capital Inc. bought a new position in shares of eBay during the 1st quarter valued at approximately $38,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on EBAY. President Capital raised shares of eBay from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $74.00 to $103.00 in a report on Friday, September 19th. Arete upgraded eBay from a "sell" rating to a "neutral" rating and set a $91.00 target price on the stock in a research note on Thursday, August 7th. Needham & Company LLC upped their price target on eBay from $78.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft lifted their price objective on eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company boosted their price objective on eBay from $84.00 to $89.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $83.00.

eBay Stock Performance

NASDAQ:EBAY opened at $91.06 on Wednesday. The business's fifty day moving average is $92.98 and its 200 day moving average is $80.07. The firm has a market cap of $41.61 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 2.15 and a beta of 1.31. 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 52-week low of $56.33 and a 52-week high of $101.15.

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 for the quarter, beating analysts' consensus estimates 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 quarter in the previous year, the firm earned $1.18 EPS. The company's quarterly 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. Research analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were paid a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay's dividend payout ratio is currently 25.55%.

Insider Activity

In related news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total transaction of $666,714.93. Following the completion of the sale, the chief executive officer owned 246,812 shares of the company's stock, valued at approximately $22,788,151.96. This trade represents a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the business's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 96,743 shares of company stock valued at $8,979,844 in the last quarter. 0.64% of the stock is currently owned by company insiders.

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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