TriaGen Wealth Management LLC Invests $2.39 Million in eBay Inc. $EBAY

Key Points

• TriaGen Wealth Management LLC has made a $2.39 million investment in eBay, purchasing 32,044 shares during the 2nd quarter.
• eBay reported a 6.1% year-over-year increase in revenue to $2.73 billion for the last quarter, exceeding analysts' expectations.
• The company recently declared a quarterly dividend of $0.29 per share, reflecting an annualized yield of 1.3%.

TriaGen Wealth Management LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 32,044 shares of the e-commerce company's stock, valued at approximately $2,386,000.

A number of other large investors have also recently bought and sold shares of the business. KLP Kapitalforvaltning AS grew its position in eBay by 24.5% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 429,246 shares of the e-commerce company's stock worth $31,962,000 after purchasing an additional 84,400 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of eBay by 19,822.5% during the second quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company's stock worth $96,126,000 after buying an additional 1,284,501 shares during the period. Simplicity Wealth LLC purchased a new position in shares of eBay during the second quarter worth about $312,000. Quent Capital LLC grew its holdings in shares of eBay by 13.5% during the second quarter. Quent Capital LLC now owns 3,232 shares of the e-commerce company's stock worth $241,000 after buying an additional 385 shares during the last quarter. Finally, 111 Capital purchased a new stake in eBay during the 2nd quarter valued at approximately $564,000. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Stock Performance

NASDAQ:EBAY opened at $91.77 on Tuesday. The firm's fifty day simple moving average is $92.57 and its 200-day simple moving average is $79.15. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The stock has a market cap of $41.94 billion, a PE ratio of 20.21, a price-to-earnings-growth ratio of 2.23 and a beta of 1.31. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the firm earned $1.18 earnings per share. The firm's revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently disclosed 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 yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay's dividend payout ratio (DPR) is presently 25.55%.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the business's 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 sale, the chief executive officer directly owned 246,812 shares in the company, valued at approximately $22,788,151.96. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of the firm's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the transaction, the senior vice president owned 3,824 shares of the company's stock, valued at approximately $341,521.44. This represents a 33.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 111,728 shares of company stock valued at $10,047,092 in the last 90 days. Insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EBAY. Arete raised eBay from a "sell" rating to a "neutral" rating and set a $91.00 price objective for the company in a research report on Thursday, August 7th. UBS Group set a $87.00 price target on eBay in a report on Thursday, July 31st. Argus reissued a "hold" rating on shares of eBay in a research note on Thursday, August 14th. Cowen restated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $81.11.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.