eBay Inc. $EBAY Shares Sold by DJE Kapital AG

DJE Kapital AG reduced its position in eBay Inc. (NASDAQ:EBAY) by 0.6% in the 2nd quarter, Holdings Channel reports. The fund owned 650,940 shares of the e-commerce company’s stock after selling 3,700 shares during the period. DJE Kapital AG’s holdings in eBay were worth $48,215,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Hemington Wealth Management boosted its holdings in shares of eBay by 7.7% during the second quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock worth $129,000 after purchasing an additional 124 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in eBay by 9.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock worth $124,000 after buying an additional 137 shares during the period. Capital Investment Advisors LLC boosted its stake in eBay by 2.2% in the 2nd quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock worth $468,000 after buying an additional 138 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in eBay by 0.6% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock valued at $1,560,000 after buying an additional 143 shares during the period. Finally, Journey Strategic Wealth LLC increased its stake in shares of eBay by 4.4% during the 1st quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company’s stock valued at $266,000 after acquiring an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Up 3.6%

Shares of eBay stock opened at $83.80 on Friday. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The stock has a market cap of $37.88 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The company has a fifty day moving average price of $90.74 and a 200 day moving average price of $83.43.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping 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 company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter in the previous year, the firm posted $1.19 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.4%. eBay’s dividend payout ratio (DPR) is 25.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 target price on the stock in a research report on Friday, October 24th. Benchmark lifted their price target on shares of eBay from $100.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Wall Street Zen downgraded eBay from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. B. Riley increased their target price on eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Finally, Barclays lifted their target price on eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, eBay presently has an average rating of “Hold” and an average price target of $94.38.

Insider Activity

In other news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of eBay stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the sale, the senior vice president owned 2,862 shares in the company, valued at $233,367.48. This trade represents a 92.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total transaction of $585,478.68. Following the transaction, the chief executive officer directly owned 235,781 shares in the company, valued at approximately $19,117,123.48. The trade was a 2.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 63,317 shares of company stock worth $5,361,568 over the last three months. Insiders own 0.64% of the company’s stock.

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.