Envestnet Portfolio Solutions Inc. Boosts Stock Position in eBay Inc. $EBAY

Envestnet Portfolio Solutions Inc. grew its holdings in eBay Inc. (NASDAQ:EBAY) by 10.6% in the second quarter, Holdings Channel reports. The institutional investor owned 27,235 shares of the e-commerce company’s stock after acquiring an additional 2,605 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in eBay were worth $2,028,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EBAY. Wealth Preservation Advisors LLC purchased a new stake in shares of eBay in the first quarter valued at approximately $26,000. GFG Capital LLC purchased a new stake in shares of eBay in the second quarter valued at approximately $28,000. Abound Financial LLC acquired a new stake in shares of eBay in the first quarter worth approximately $29,000. Sierra Ocean LLC boosted its stake in shares of eBay by 84.9% in the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock worth $36,000 after acquiring an additional 247 shares during the last quarter. Finally, North Capital Inc. acquired a new stake in shares of eBay in the first quarter worth approximately $38,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Julie A. Loeger sold 75,952 shares of the company’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the transaction, the senior vice president owned 53,107 shares of the company’s stock, valued at $4,952,227.75. This represents a 58.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the transaction, the senior vice president directly owned 3,824 shares in the company, valued at approximately $341,521.44. This trade represents a 33.31% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 96,743 shares of company stock worth $8,979,844. Company insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on EBAY shares. Citizens Jmp raised eBay to a “hold” rating in a research note on Thursday, July 10th. Barclays reaffirmed an “overweight” rating and issued a $92.00 price target (up from $77.00) on shares of eBay in a research note on Thursday, July 31st. Piper Sandler lifted their price target on eBay from $74.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Mizuho started coverage on eBay in a research note on Monday, September 29th. They issued a “neutral” rating and a $98.00 price target on the stock. Finally, Needham & Company LLC lifted 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. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $84.11.

eBay Stock Performance

NASDAQ EBAY opened at $91.18 on Friday. The stock’s fifty day moving average is $92.91 and its two-hundred day moving average is $80.31. The firm has a market capitalization of $41.67 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 2.19 and a beta of 1.31. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

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. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay’s dividend payout ratio is 25.55%.

eBay 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.