eBay Inc. $EBAY Position Increased by Cerity Partners LLC

Cerity Partners LLC raised its stake in eBay Inc. (NASDAQ:EBAY) by 13.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 131,693 shares of the e-commerce company’s stock after buying an additional 15,818 shares during the period. Cerity Partners LLC’s holdings in eBay were worth $11,977,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of EBAY. ABN AMRO Bank N.V. acquired a new stake in shares of eBay during the second quarter worth $235,149,000. Arrowstreet Capital Limited Partnership boosted its position in shares of eBay by 1,007.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after purchasing an additional 1,992,116 shares during the period. M&G PLC boosted its position in shares of eBay by 88.8% in the 2nd quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock valued at $206,142,000 after purchasing an additional 1,310,373 shares during the period. Valeo Financial Advisors LLC increased its stake in eBay by 19,822.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock worth $96,126,000 after purchasing an additional 1,284,501 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in eBay in the 2nd quarter worth about $62,986,000. 87.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on EBAY. TD Cowen raised 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. The Goldman Sachs Group upped their price target on shares of eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research report on Thursday, October 30th. Benchmark raised their price objective on shares of eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of eBay from $96.00 to $100.00 in a research report on Thursday, October 30th. Finally, Stifel Nicolaus reduced their target price on eBay from $89.00 to $88.00 in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $94.47.

eBay Trading Up 0.0%

NASDAQ:EBAY opened at $90.91 on Friday. The company has a market capitalization of $41.09 billion, a P/E ratio of 19.76, a P/E/G ratio of 2.12 and a beta of 1.35. The stock’s 50 day moving average price is $84.32 and its 200 day moving average price is $87.13. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. eBay Inc. has a 52 week low of $58.71 and a 52 week high of $101.15.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.33 by $0.03. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. On average, research analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

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

Insider Buying and Selling

In other news, SVP Mazen Rawashdeh sold 1,920 shares of eBay stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total value of $157,248.00. Following the transaction, the senior vice president owned 5,746 shares of the company’s stock, valued at $470,597.40. This trade represents a 25.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 4,462 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the sale, the senior vice president owned 91,921 shares of the company’s stock, valued at $7,715,848.74. The trade was a 4.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 53,675 shares of company stock valued at $4,388,825. 0.64% of the stock is owned by corporate insiders.

eBay Profile

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.