NorthRock Partners LLC Buys 676 Shares of eBay Inc. $EBAY

NorthRock Partners LLC increased its stake in shares of eBay Inc. (NASDAQ:EBAY) by 14.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,396 shares of the e-commerce company’s stock after buying an additional 676 shares during the period. NorthRock Partners LLC’s holdings in eBay were worth $402,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of EBAY. Independent Franchise Partners LLP lifted its position in eBay by 4.6% during the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock worth $791,714,000 after acquiring an additional 510,629 shares during the last quarter. Invesco Ltd. grew its position in shares of eBay by 8.0% in the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock valued at $571,736,000 after purchasing an additional 627,823 shares during the last quarter. Northern Trust Corp increased its stake in shares of eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after purchasing an additional 300,216 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of eBay by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock worth $417,021,000 after purchasing an additional 322,910 shares during the period. Finally, Impax Asset Management Group plc lifted its holdings in eBay by 2,536.5% during the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock worth $239,037,000 after purchasing an additional 3,401,198 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on EBAY. BMO Capital Markets raised eBay from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $70.00 to $102.00 in a report on Thursday, July 31st. Argus restated a “hold” rating on shares of eBay in a research note on Thursday, August 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research report on Wednesday, October 8th. Wells Fargo & Company boosted their price objective on shares of eBay from $84.00 to $89.00 and gave the company an “equal weight” rating in a report on Tuesday, October 7th. Finally, Susquehanna raised their target price on shares of eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $84.11.

eBay Trading Down 0.2%

Shares of eBay stock opened at $90.87 on Thursday. The firm’s 50-day moving average price is $92.95 and its two-hundred day moving average price is $80.15. The company has a market capitalization of $41.53 billion, a price-to-earnings ratio of 20.02, a PEG ratio of 2.19 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 12-month low of $56.33 and a 12-month high of $101.15.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio (DPR) is presently 25.55%.

Insiders Place Their Bets

In other eBay news, SVP Julie A. Loeger sold 75,952 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares of the company’s stock, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total transaction 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. The trade was a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 96,743 shares of company stock worth $8,979,844 over the last 90 days. Corporate insiders own 0.64% of the company’s stock.

eBay Company Profile

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.