D.A. Davidson & CO. Grows Stake in eBay Inc. $EBAY

D.A. Davidson & CO. lifted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 5.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,841 shares of the e-commerce company’s stock after purchasing an additional 748 shares during the period. D.A. Davidson & CO.’s holdings in eBay were worth $1,180,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Impax Asset Management Group plc boosted its position in eBay by 2,536.5% during the first quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock worth $239,037,000 after acquiring an additional 3,401,198 shares during the last quarter. Nuveen LLC acquired a new position in eBay during the first quarter worth about $202,346,000. Pacer Advisors Inc. boosted its position in eBay by 5,181.4% during the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock worth $148,757,000 after acquiring an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in eBay by 253.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock worth $187,191,000 after acquiring an additional 1,981,011 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in 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 acquiring an additional 1,284,501 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total transaction of $170,582.10. Following the sale, the senior vice president directly owned 3,824 shares of the company’s stock, valued at $341,521.44. This represents a 33.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $91.76, for a total transaction of $662,598.96. Following the sale, the chief executive officer directly owned 250,223 shares in the company, valued at approximately $22,960,462.48. The trade was a 2.80% 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 90 days. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on EBAY shares. Wells Fargo & Company boosted their price target on shares of eBay from $84.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 7th. Susquehanna boosted their target price on shares of eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, August 1st. Stifel Nicolaus boosted their target price on shares of eBay from $75.00 to $89.00 and gave the company a “hold” rating in a report on Friday. JPMorgan Chase & Co. boosted their target price on shares of eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, July 11th. Finally, Argus reiterated a “hold” rating on shares of eBay in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $89.13.

eBay Stock Performance

Shares of EBAY stock opened at $98.01 on Tuesday. The firm’s 50 day moving average price is $92.60 and its 200-day moving average price is $82.13. 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 one year low of $56.33 and a one year high of $101.15. The firm has a market cap of $44.79 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.34 and a beta of 1.31.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 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 firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the business posted $1.18 EPS. The business’s revenue for the quarter 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, equities research analysts predict that eBay Inc. will post 3.86 EPS for the current year.

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.