Private Trust Co. NA Grows Stock Position in eBay Inc. $EBAY

Private Trust Co. NA lifted its stake in eBay Inc. (NASDAQ:EBAY) by 27.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,311 shares of the e-commerce company’s stock after buying an additional 918 shares during the period. Private Trust Co. NA’s holdings in eBay were worth $321,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Angeles Wealth Management LLC purchased a new position in shares of eBay in the second quarter worth about $205,000. Nordea Investment Management AB increased its holdings in eBay by 5.6% during the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after purchasing an additional 478,410 shares during the period. Allianz Asset Management GmbH increased its holdings in eBay by 9.2% during the 2nd quarter. Allianz Asset Management GmbH now owns 2,217,237 shares of the e-commerce company’s stock valued at $165,095,000 after purchasing an additional 187,382 shares during the period. New York State Teachers Retirement System increased its holdings in eBay by 6.2% during the 2nd quarter. New York State Teachers Retirement System now owns 410,224 shares of the e-commerce company’s stock valued at $30,545,000 after purchasing an additional 24,125 shares during the period. Finally, Ritholtz Wealth Management increased its holdings in eBay by 4.4% during the 2nd quarter. Ritholtz Wealth Management now owns 66,853 shares of the e-commerce company’s stock valued at $4,978,000 after purchasing an additional 2,838 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

eBay stock opened at $95.65 on Tuesday. The stock’s 50 day simple moving average is $92.90 and its two-hundred day simple moving average is $80.90. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $43.71 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 2.22 and a beta of 1.31. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.07. The business 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%.The business’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 29th. eBay’s payout ratio is currently 25.55%.

Insider Buying and Selling

In other news, SVP Cornelius Boone sold 4,439 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the sale, the senior vice president directly owned 93,392 shares of the company’s stock, valued at $8,361,385.76. The trade was a 4.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business’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 value of $170,582.10. Following the completion of the sale, the senior vice president directly owned 3,824 shares in the company, valued at approximately $341,521.44. This represents a 33.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 96,743 shares of company stock valued at $8,979,844. 0.64% of the stock is owned by company insiders.

Analyst Ratings Changes

EBAY has been the topic of a number of research analyst reports. Benchmark boosted their price target on eBay from $78.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a report on Wednesday, October 8th. President Capital upgraded eBay from a “neutral” rating to a “buy” rating and boosted their price target for the company from $74.00 to $103.00 in a report on Friday, September 19th. Piper Sandler boosted their price target on eBay from $74.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Finally, Bank of America boosted their price target on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, August 25th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, eBay currently has a consensus rating of “Hold” and a consensus price target of $86.54.

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.