Maia Wealth LLC Sells 1,163 Shares of eBay Inc. $EBAY

Maia Wealth LLC trimmed its stake in shares of eBay Inc. (NASDAQ:EBAY) by 23.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,704 shares of the e-commerce company’s stock after selling 1,163 shares during the quarter. Maia Wealth LLC’s holdings in eBay were worth $276,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Princeton Global Asset Management LLC lifted its stake in shares of eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock worth $25,000 after buying an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in eBay in the 1st quarter valued at about $26,000. GFG Capital LLC acquired a new stake in eBay during the second quarter worth approximately $28,000. Hantz Financial Services Inc. boosted its holdings in shares of eBay by 153.4% during the second quarter. Hantz Financial Services Inc. now owns 451 shares of the e-commerce company’s stock worth $34,000 after acquiring an additional 273 shares during the period. Finally, Private Wealth Asset Management LLC grew its position in shares of eBay by 1,470.6% in the second quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company’s stock valued at $40,000 after purchasing an additional 500 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on EBAY shares. Deutsche Bank Aktiengesellschaft lifted their price target on eBay from $96.00 to $100.00 in a report on Thursday, October 30th. Needham & Company LLC lifted their target price on eBay from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Citigroup restated a “market outperform” rating on shares of eBay in a research note on Thursday, October 30th. Stifel Nicolaus dropped their price objective on shares of eBay from $89.00 to $88.00 in a research note on Thursday, October 30th. Finally, Cowen reissued a “hold” rating on shares of eBay in a report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $94.69.

Insiders Place Their Bets

In related news, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total value of $585,478.68. Following the sale, the chief executive officer directly owned 235,781 shares of the company’s stock, valued at $19,117,123.48. This trade represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction dated 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 owned 3,824 shares in the company, valued at approximately $341,521.44. This represents a 33.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 64,323 shares of company stock valued at $5,444,100 in the last quarter. Corporate insiders own 0.64% of the company’s stock.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $82.49 on Thursday. The firm has a 50 day moving average of $88.64 and a 200-day moving average of $84.76. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. 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 stock has a market capitalization of $37.29 billion, a PE ratio of 17.93, a PEG ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The business had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. During the same period last year, the firm posted $1.19 earnings per share. The firm’s quarterly revenue 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, equities research analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend 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%.

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.