Choreo LLC Grows Position in eBay Inc. $EBAY

Choreo LLC boosted its position in shares of eBay Inc. (NASDAQ:EBAY) by 11.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,113 shares of the e-commerce company’s stock after purchasing an additional 1,960 shares during the period. Choreo LLC’s holdings in eBay were worth $1,423,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in EBAY. Garrett Wealth Advisory Group LLC boosted its position in shares of eBay by 3.8% during the second quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock valued at $244,000 after buying an additional 119 shares during the period. Hemington Wealth Management lifted its stake in shares of eBay by 7.7% during the 2nd quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock worth $129,000 after acquiring an additional 124 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of eBay by 9.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock worth $124,000 after acquiring an additional 137 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in eBay by 2.2% during the 2nd quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock valued at $468,000 after acquiring an additional 138 shares during the period. Finally, Kovitz Investment Group Partners LLC grew its position in eBay by 0.6% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock valued at $1,560,000 after acquiring an additional 143 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total value of $2,878,769.70. Following the completion of the transaction, the senior vice president directly owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. The trade was a 92.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value 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. This trade represents a 33.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 64,323 shares of company stock valued at $5,444,100. 0.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EBAY. Argus reiterated a “hold” rating on shares of eBay in a research report on Thursday, August 14th. Evercore ISI raised their price target on shares of eBay from $90.00 to $93.00 and gave the stock an “in-line” rating in a research note on Thursday, October 30th. Wall Street Zen lowered shares of eBay from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. BNP Paribas Exane assumed coverage on shares of eBay in a research report on Monday, November 24th. They issued a “neutral” rating for the company. Finally, Piper Sandler reduced their target price on shares of eBay from $102.00 to $98.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $94.69.

eBay Stock Up 0.5%

Shares of eBay stock opened at $82.91 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $37.47 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 2.39 and a beta of 1.29. The firm’s 50-day moving average is $88.34 and its two-hundred day moving average is $84.95. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the previous year, the business posted $1.19 EPS. The company’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, research analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend 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%.

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.