eBay Inc. $EBAY Shares Sold by Bank of Montreal Can

Bank of Montreal Can decreased its position in shares of eBay Inc. (NASDAQ:EBAY) by 10.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 897,688 shares of the e-commerce company’s stock after selling 108,348 shares during the period. Bank of Montreal Can’s holdings in eBay were worth $66,842,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EBAY. Mutual Advisors LLC acquired a new position in eBay during the first quarter worth approximately $206,000. D.A. Davidson & CO. increased its position in eBay by 5.7% during the first quarter. D.A. Davidson & CO. now owns 15,093 shares of the e-commerce company’s stock worth $1,022,000 after buying an additional 820 shares during the period. Capital Investment Advisory Services LLC increased its position in eBay by 4.0% during the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company’s stock worth $285,000 after buying an additional 160 shares during the period. Envestnet Asset Management Inc. increased its position in eBay by 7.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,357,892 shares of the e-commerce company’s stock worth $91,970,000 after buying an additional 91,537 shares during the period. Finally, TD Private Client Wealth LLC increased its position in eBay by 7.1% during the first quarter. TD Private Client Wealth LLC now owns 6,877 shares of the e-commerce company’s stock worth $466,000 after buying an additional 454 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Down 1.3%

eBay stock opened at $81.68 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a 1-year low of $58.71 and a 1-year high of $101.15. The company has a market cap of $37.33 billion, a PE ratio of 17.76, a price-to-earnings-growth ratio of 2.39 and a beta of 1.31. The stock’s 50 day moving average price is $91.37 and its 200 day moving average price is $83.22.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share 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 the consensus estimate of $2.73 billion. During the same period in the previous year, the business earned $1.19 earnings per share. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, sell-side analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a $0.29 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s payout ratio is 25.22%.

Analyst Ratings Changes

Several research analysts have commented on EBAY shares. President Capital raised eBay from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $74.00 to $103.00 in a research report on Friday, September 19th. UBS Group set a $95.00 target price on eBay in a research note on Thursday, October 30th. Arete upgraded eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price on the stock in a research note on Thursday, August 7th. The Goldman Sachs Group lifted their target price on eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, eBay has an average rating of “Hold” and a consensus target price of $94.52.

Insider Activity at eBay

In related news, SVP Cornelius Boone sold 4,439 shares of eBay 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 in the company, valued at $8,361,385.76. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction that occurred on 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 approximately $22,960,462.48. This trade represents a 2.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,791 shares of company stock worth $1,897,320 over the last three months. 0.64% of the stock is currently owned by corporate insiders.

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.