Callan Family Office LLC grew its holdings in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 327.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,311 shares of the e-commerce company’s stock after acquiring an additional 20,928 shares during the quarter. Callan Family Office LLC’s holdings in eBay were worth $2,034,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in EBAY. GAMMA Investing LLC grew its holdings in shares of eBay by 18.5% during the first quarter. GAMMA Investing LLC now owns 12,428 shares of the e-commerce company’s stock worth $842,000 after purchasing an additional 1,943 shares during the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of eBay by 48.8% during the 1st quarter. Integrated Advisors Network LLC now owns 5,037 shares of the e-commerce company’s stock worth $341,000 after buying an additional 1,651 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of eBay by 0.5% during the 1st quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock worth $3,596,000 after buying an additional 246 shares in the last quarter. CX Institutional boosted its holdings in shares of eBay by 12.2% during the 1st quarter. CX Institutional now owns 5,409 shares of the e-commerce company’s stock worth $366,000 after buying an additional 590 shares in the last quarter. Finally, Simon Quick Advisors LLC bought a new position in shares of eBay during the 1st quarter worth approximately $200,000. 87.48% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
EBAY has been the topic of a number of research reports. Stifel Nicolaus upped their target price on eBay from $62.00 to $68.00 and gave the stock a “hold” rating in a research report on Tuesday, July 29th. Cantor Fitzgerald upped their price objective on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Bank of America upped their price objective on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, August 25th. Needham & Company LLC increased their price target on eBay from $78.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $81.29.
Insider Buying and Selling at eBay
In related news, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the transaction, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total value of $666,714.93. Following the completion of the sale, the chief executive officer owned 246,812 shares in the company, valued at approximately $22,788,151.96. This represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 118,949 shares of company stock worth $10,709,691 over the last quarter. Company insiders own 0.64% of the company’s stock.
eBay Stock Performance
NASDAQ:EBAY opened at $88.55 on Friday. The stock has a market cap of $40.47 billion, a P/E ratio of 19.50, a PEG ratio of 2.13 and a beta of 1.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The business’s 50-day moving average price is $93.06 and its two-hundred day moving average price is $79.75.
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.
eBay Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay’s dividend payout ratio (DPR) is currently 25.55%.
About eBay
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.
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