eBay Inc. $EBAY Shares Sold by FSB Premier Wealth Management Inc.

FSB Premier Wealth Management Inc. lessened its stake in shares of eBay Inc. (NASDAQ:EBAY) by 27.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,497 shares of the e-commerce company’s stock after selling 5,524 shares during the quarter. FSB Premier Wealth Management Inc.’s holdings in eBay were worth $1,318,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Greatmark Investment Partners Inc. acquired a new stake in shares of eBay during the third quarter valued at $205,000. Trek Financial LLC purchased a new position in eBay in the 3rd quarter valued at about $3,891,000. PFG Investments LLC boosted its stake in shares of eBay by 19.4% during the 3rd quarter. PFG Investments LLC now owns 4,177 shares of the e-commerce company’s stock worth $380,000 after purchasing an additional 678 shares during the last quarter. Mn Services Vermogensbeheer B.V. grew its holdings in shares of eBay by 1.1% during the third quarter. Mn Services Vermogensbeheer B.V. now owns 176,200 shares of the e-commerce company’s stock worth $16,025,000 after buying an additional 2,000 shares in the last quarter. Finally, UniSuper Management Pty Ltd grew its holdings in shares of eBay by 6.3% during the third quarter. UniSuper Management Pty Ltd now owns 46,341 shares of the e-commerce company’s stock worth $4,215,000 after buying an additional 2,766 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Activity

In related news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total transaction of $585,478.68. Following the transaction, the chief executive officer owned 235,781 shares in the company, valued at approximately $19,117,123.48. The trade was a 2.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Julie A. Loeger sold 2,896 shares of the company’s 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 directly owned 55,990 shares of the company’s stock, valued at approximately $4,615,815.60. This trade represents a 4.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,675 shares of company stock valued at $4,388,825 over the last quarter. 0.64% of the stock is owned by insiders.

eBay Price Performance

Shares of eBay stock opened at $93.61 on Friday. The business’s fifty day moving average price is $86.25 and its 200 day moving average price is $88.41. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. 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 stock has a market capitalization of $42.31 billion, a P/E ratio of 20.35, a PEG ratio of 2.18 and a beta of 1.35.

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

Wall Street Analyst Weigh In

EBAY has been the topic of several recent analyst reports. Benchmark upped their price objective on shares of eBay from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Evercore ISI increased their price target on eBay from $90.00 to $93.00 and gave the stock an “in-line” rating in a research note on Thursday, October 30th. BMO Capital Markets raised their price objective on eBay from $102.00 to $107.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Mizuho assumed coverage on eBay in a research note on Monday, September 29th. They issued a “neutral” rating and a $98.00 target price for the company. Finally, Arete Research raised their price target on eBay from $91.00 to $103.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $95.66.

eBay Company 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.