Geneos Wealth Management Inc. Sells 8,231 Shares of eBay Inc. $EBAY

Geneos Wealth Management Inc. lowered its position in eBay Inc. (NASDAQ:EBAY) by 95.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 383 shares of the e-commerce company’s stock after selling 8,231 shares during the period. Geneos Wealth Management Inc.’s holdings in eBay were worth $35,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Cedar Mountain Advisors LLC boosted its holdings in eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 156 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in eBay in the 4th quarter valued at about $26,000. Abound Financial LLC purchased a new stake in eBay in the 4th quarter valued at about $26,000. Jessup Wealth Management Inc bought a new position in shares of eBay during the 4th quarter worth approximately $27,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after buying an additional 116 shares in the last quarter. 87.48% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wall Street Zen raised eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. UBS Group lifted their price target on eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Needham & Company LLC reissued a “buy” rating and issued a $122.00 price objective on shares of eBay in a research report on Thursday, April 30th. BMO Capital Markets upped their price objective on eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $115.00 target price (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $110.52.

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the transaction, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This trade represents a 2.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president owned 32,124 shares of the company’s stock, valued at $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 76,012 shares of company stock worth $8,747,852. 0.67% of the stock is owned by corporate insiders.

eBay Stock Down 1.5%

Shares of NASDAQ EBAY opened at $109.32 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $48.54 billion, a PE ratio of 24.79, a P/E/G ratio of 2.44 and a beta of 1.37. eBay Inc. has a one year low of $77.12 and a one year high of $119.31. The business’s fifty day moving average price is $111.65 and its 200-day moving average price is $100.13.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities research analysts anticipate that eBay Inc. will post 4.89 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

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.