Arkadios Wealth Advisors Purchases New Position in eBay Inc. $EBAY

Arkadios Wealth Advisors acquired a new stake in eBay Inc. (NASDAQ:EBAY) in the second quarter, according to its most recent filing with the SEC. The fund acquired 3,095 shares of the e-commerce company’s stock, valued at approximately $230,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of EBAY. Procyon Advisors LLC boosted its position in shares of eBay by 100.7% during the 2nd quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock valued at $2,293,000 after acquiring an additional 15,449 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of eBay by 2.0% in the second quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock worth $12,736,000 after purchasing an additional 3,374 shares during the last quarter. Optas LLC increased its position in shares of eBay by 99.0% in the second quarter. Optas LLC now owns 67,974 shares of the e-commerce company’s stock worth $5,061,000 after purchasing an additional 33,814 shares during the last quarter. Marvin & Palmer Associates Inc. purchased a new stake in eBay in the first quarter valued at approximately $2,958,000. Finally, Aberdeen Group plc lifted its position in eBay by 6.3% during the second quarter. Aberdeen Group plc now owns 460,245 shares of the e-commerce company’s stock valued at $34,049,000 after purchasing an additional 27,230 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Activity

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the transaction, the senior vice president owned 2,862 shares in the company, valued at approximately $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $91.76, for a total transaction of $662,598.96. Following the transaction, the chief executive officer directly owned 250,223 shares of the company’s stock, valued at approximately $22,960,462.48. This trade represents a 2.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,096 shares of company stock worth $4,776,089 in the last quarter. Insiders own 0.64% of the company’s stock.

eBay Trading Down 0.2%

Shares of EBAY stock opened at $80.85 on Friday. The business has a 50-day moving average of $90.87 and a 200 day moving average of $83.19. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a 1-year low of $58.71 and a 1-year high of $101.15. The stock has a market capitalization of $36.54 billion, a PE ratio of 17.58, a P/E/G ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the prior year, the firm posted $1.19 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. As a group, sell-side analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, November 28th. eBay’s dividend payout ratio (DPR) is 25.22%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price target on the stock in a report on Friday, October 24th. JPMorgan Chase & Co. lifted their price objective on shares of eBay from $66.00 to $68.00 and gave the stock a “neutral” rating in a report on Friday, July 11th. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a research note on Wednesday, October 8th. The Goldman Sachs Group raised their price target on eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research report on Thursday, October 30th. Finally, President Capital raised 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 research note on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $94.52.

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.