Focus Partners Advisor Solutions LLC Takes Position in eBay Inc. $EBAY

Focus Partners Advisor Solutions LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,426 shares of the e-commerce company’s stock, valued at approximately $329,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EBAY. Impax Asset Management Group plc increased its stake in shares of eBay by 2,536.5% in the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock valued at $239,037,000 after purchasing an additional 3,401,198 shares during the last quarter. Nuveen LLC bought a new position in shares of eBay in the 1st quarter valued at $202,346,000. Pacer Advisors Inc. increased its stake in shares of eBay by 5,181.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after purchasing an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of eBay by 253.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock valued at $187,191,000 after purchasing an additional 1,981,011 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its position in eBay by 19,822.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock worth $96,126,000 after acquiring an additional 1,284,501 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the sale, the senior vice president owned 3,824 shares in the company, valued at approximately $341,521.44. The trade was a 33.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $91.76, for a total value of $662,598.96. Following the completion of the sale, the chief executive officer owned 250,223 shares in the company, valued at $22,960,462.48. This trade represents a 2.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 96,743 shares of company stock worth $8,979,844. Corporate insiders own 0.64% of the company’s stock.

eBay Trading Down 15.9%

NASDAQ EBAY opened at $83.73 on Friday. The business’s 50-day moving average price is $92.30 and its two-hundred day moving average price is $82.65. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. The firm has a market capitalization of $38.26 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 2.39 and a beta of 1.31. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the previous year, the company posted $1.19 EPS. The business’s revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, November 28th. eBay’s payout ratio is 25.55%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their price objective on eBay from $66.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, July 11th. Cantor Fitzgerald upped their price objective on eBay from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday. Argus reaffirmed a “hold” rating on shares of eBay in a research note on Thursday, August 14th. Arete raised eBay from a “sell” rating to a “neutral” rating and set a $91.00 price objective for the company in a research note on Thursday, August 7th. Finally, Evercore ISI upped their price objective on eBay from $90.00 to $93.00 and gave the company an “in-line” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $92.87.

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.