Diversified Trust Co Cuts Stock Position in eBay Inc. $EBAY

Diversified Trust Co lowered its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 11.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,633 shares of the e-commerce company’s stock after selling 9,897 shares during the quarter. Diversified Trust Co’s holdings in eBay were worth $6,788,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of EBAY. Verdence Capital Advisors LLC grew its stake in shares of eBay by 71.2% during the second quarter. Verdence Capital Advisors LLC now owns 17,447 shares of the e-commerce company’s stock valued at $1,299,000 after buying an additional 7,256 shares during the last quarter. Procyon Advisors LLC increased its stake in shares of eBay by 100.7% during the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock valued at $2,293,000 after buying an additional 15,449 shares during the period. Teacher Retirement System of Texas raised 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 acquiring an additional 3,374 shares in the last quarter. Savant Capital LLC lifted its stake in eBay by 19.4% in the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after acquiring an additional 3,933 shares during the period. Finally, denkapparat Operations GmbH grew its holdings in eBay by 112.9% during the 2nd quarter. denkapparat Operations GmbH now owns 8,876 shares of the e-commerce company’s stock worth $661,000 after acquiring an additional 4,706 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on EBAY. BMO Capital Markets raised their target price on shares of eBay from $102.00 to $107.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Barclays lifted their price objective on shares of eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Cowen reissued a “hold” rating on shares of eBay in a research note on Monday, October 20th. BNP Paribas Exane started coverage on eBay in a research report on Monday, November 24th. They set a “neutral” rating on the stock. Finally, Mizuho started coverage on eBay in a research report on Monday, September 29th. They issued a “neutral” rating and a $98.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $94.41.

eBay Stock Performance

Shares of EBAY stock opened at $87.74 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.06. The company has a market cap of $39.66 billion, a PE ratio of 19.07, a PEG ratio of 2.15 and a beta of 1.35. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15. The business’s fifty day simple moving average is $85.18 and its 200-day simple moving average is $86.43.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the previous year, the business earned $1.19 EPS. The firm’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 and its Q4 2025 guidance at 1.310-1.360 EPS. Analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, November 28th. eBay’s dividend payout ratio (DPR) is presently 25.22%.

Insider Buying and Selling

In other eBay news, SVP Mazen Rawashdeh sold 1,920 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total transaction of $157,248.00. Following the sale, the senior vice president owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. The trade was a 25.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Julie A. Loeger sold 2,896 shares of eBay stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $82.44, for a total transaction of $238,746.24. Following the sale, the senior vice president owned 55,990 shares of the company’s stock, valued at $4,615,815.60. The trade was a 4.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 60,896 shares of company stock worth $5,051,424 over the last ninety days. Company insiders own 0.64% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.