Sequoia Financial Advisors LLC Acquires 5,793 Shares of eBay Inc. $EBAY

Key Points

• Sequoia Financial Advisors LLC increased its stake in eBay Inc. by 36.0%, acquiring an additional 5,793 shares during the second quarter, bringing its total holdings to 21,887 shares worth approximately $1,630,000.
• eBay recently reported earnings of $1.37 per share, exceeding analyst expectations of $1.30, while also achieving quarterly revenue of $2.73 billion compared to the forecasted $2.64 billion.
• Institutional investors own 87.48% of eBay's stock, indicating a significant level of confidence from large financial entities, while the stock recently received multiple upward price target revisions from various analysts.

Sequoia Financial Advisors LLC raised its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 36.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,887 shares of the e-commerce company's stock after acquiring an additional 5,793 shares during the quarter. Sequoia Financial Advisors LLC's holdings in eBay were worth $1,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. RHS Financial LLC bought a new stake in eBay during the 2nd quarter valued at $459,000. CWM LLC raised its holdings in eBay by 0.7% during the 2nd quarter. CWM LLC now owns 24,455 shares of the e-commerce company's stock valued at $1,821,000 after acquiring an additional 182 shares during the period. Vanguard Personalized Indexing Management LLC grew its position in shares of eBay by 23.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 125,144 shares of the e-commerce company's stock valued at $9,320,000 after purchasing an additional 23,545 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of eBay during the 2nd quarter valued at $275,000. Finally, Hemington Wealth Management grew its position in shares of eBay by 7.7% during the 2nd quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company's stock valued at $129,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

eBay Stock Up 0.3%

Shares of NASDAQ:EBAY opened at $91.18 on Friday. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. The firm has a fifty day moving average of $92.91 and a 200 day moving average of $80.31. The firm has a market capitalization of $41.67 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 2.19 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 (NASDAQ:EBAY - Get Free Report) last announced 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. 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 analyst estimates of $2.64 billion. During the same period in the previous year, the business earned $1.18 earnings per share. The firm'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. As a group, research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal 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 paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay's payout ratio is currently 25.55%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on EBAY shares. Cantor Fitzgerald boosted their price target on shares of eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Needham & Company LLC boosted their price target on shares of eBay from $78.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Morgan Stanley boosted their price target 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. Cowen restated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Finally, Robert W. Baird boosted their price target on shares of eBay from $89.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday. One investment 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $84.11.

Insider Buying and Selling at eBay

In other eBay news, SVP Julie A. Loeger sold 75,952 shares of the business's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the sale, the senior vice president directly owned 53,107 shares of the company's stock, valued at $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the business's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the sale, the senior vice president directly owned 93,392 shares of the company's stock, valued at $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 96,743 shares of company stock valued at $8,979,844. Company insiders own 0.64% of the company's stock.

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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