eBay Inc. $EBAY Holdings Raised by AE Wealth Management LLC

AE Wealth Management LLC increased its stake in eBay Inc. (NASDAQ:EBAY) by 16.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,966 shares of the e-commerce company’s stock after purchasing an additional 13,250 shares during the quarter. AE Wealth Management LLC’s holdings in eBay were worth $6,922,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Procyon Advisors LLC boosted its stake in 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 purchasing an additional 15,449 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings 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 valued at $12,736,000 after buying an additional 3,374 shares during the period. Machina Capital S.A.S. bought a new position in eBay during the second quarter valued at about $1,626,000. Optas LLC boosted its stake in eBay by 99.0% during the second quarter. Optas LLC now owns 67,974 shares of the e-commerce company’s stock valued at $5,061,000 after buying an additional 33,814 shares in the last quarter. Finally, Marvin & Palmer Associates Inc. acquired a new position in eBay during the first quarter worth about $2,958,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total value of $585,478.68. Following the completion of the sale, the chief executive officer directly owned 235,781 shares of the company’s stock, valued at approximately $19,117,123.48. This trade represents a 2.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction 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 owned 3,824 shares of the company’s stock, valued at $341,521.44. The trade was a 33.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 63,317 shares of company stock worth $5,361,568 in the last three months. 0.64% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

EBAY has been the subject of a number of research analyst reports. Robert W. Baird upped their price target on shares of eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, October 13th. TD Cowen boosted their target price on shares of eBay from $80.00 to $84.00 and gave the stock a “hold” rating in a report on Monday, October 20th. Jefferies Financial Group raised their target price on shares of eBay from $60.00 to $65.00 and gave the stock an “underperform” rating in a report on Friday, October 17th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company upped their price target on eBay from $89.00 to $96.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, eBay has a consensus rating of “Hold” and a consensus price target of $94.38.

eBay Trading Up 3.6%

eBay stock opened at $83.80 on Monday. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The company’s fifty day simple moving average is $90.74 and its 200-day simple moving average is $83.55. 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 $37.88 billion, a P/E ratio of 18.22, a P/E/G ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the company posted $1.19 earnings per share. eBay’s revenue for the quarter was up 9.5% on a year-over-year basis. 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 forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be paid a $0.29 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s dividend payout ratio is currently 25.22%.

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.