Wealth Enhancement Advisory Services LLC Buys 117,490 Shares of eBay Inc. $EBAY

Key Points

• Wealth Enhancement Advisory Services LLC increased its ownership of eBay Inc. by 147.9%, acquiring an additional 117,490 shares during the second quarter, bringing its total shares to 196,942, valued at approximately $15 million.
• eBay's latest earnings report revealed an EPS of $1.37, exceeding analysts’ expectations, with a revenue of $2.73 billion, a 6.1% increase year-over-year.
• Several financial firms updated their ratings on eBay, with BMO Capital Markets upgrading the stock to "outperform" and raising the price target from $70 to $102, indicating a positive outlook for the company.

Wealth Enhancement Advisory Services LLC boosted its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 147.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,942 shares of the e-commerce company's stock after acquiring an additional 117,490 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in eBay were worth $15,038,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in EBAY. Wealth Preservation Advisors LLC bought a new stake in eBay during the first quarter worth approximately $26,000. Abound Financial LLC purchased a new position in shares of eBay in the first quarter worth approximately $29,000. Pinney & Scofield Inc. acquired a new stake in shares of eBay during the fourth quarter valued at approximately $31,000. Sierra Ocean LLC lifted its position in shares of eBay by 84.9% in the 1st 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 in the last quarter. Finally, Ameriflex Group Inc. acquired a new position in eBay in the 4th quarter worth approximately $38,000. Institutional investors own 87.48% of the company's stock.

eBay Price Performance

NASDAQ EBAY traded down $0.52 during trading on Monday, reaching $90.59. 4,719,207 shares of the company traded hands, compared to its average volume of 5,551,100. eBay Inc. has a 1-year low of $56.33 and a 1-year high of $101.15. The company has a market cap of $41.40 billion, a price-to-earnings ratio of 19.95, a P/E/G ratio of 2.20 and a beta of 1.32. The stock's 50 day moving average price is $90.25 and its two-hundred day moving average price is $77.40. 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 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 return on equity of 38.97% and a net margin of 20.86%.The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the firm earned $1.18 EPS. eBay's quarterly revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The company 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. The ex-dividend date was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. eBay's payout ratio is 25.55%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Argus reissued a "hold" rating on shares of eBay in a research note on Thursday, August 14th. Wells Fargo & Company upped their price target on eBay from $66.00 to $84.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Robert W. Baird lifted their target price on shares of eBay from $75.00 to $80.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. JPMorgan Chase & Co. lifted their price target on eBay from $66.00 to $68.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Finally, Cantor Fitzgerald increased their price objective on eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, eBay has a consensus rating of "Hold" and an average price target of $78.89.

Insider Activity at eBay

In other news, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction that occurred 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 transaction, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jamie Iannone sold 7,221 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the sale, the chief executive officer directly owned 246,812 shares of the company's stock, valued at $22,788,151.96. This represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 157,553 shares of company stock valued at $13,505,983. Insiders own 0.64% of the company's stock.

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.