Wealth Enhancement Trust Services Inc. Takes $802,000 Position in eBay Inc. $EBAY

Wealth Enhancement Trust Services Inc. acquired a new stake in eBay Inc. (NASDAQ:EBAY) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,213 shares of the e-commerce company’s stock, valued at approximately $802,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of EBAY. Financial Consulate Inc. bought a new stake in eBay during the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of eBay in the 3rd quarter worth $28,000. Beacon Financial Strategies CORP bought a new stake in shares of eBay in the 4th quarter worth $28,000. JFS Wealth Advisors LLC grew its stake in shares of eBay by 57.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after acquiring an additional 116 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new stake in shares of eBay in the 3rd quarter worth $28,000. Institutional investors own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EBAY. Arete Research upped their target price on shares of eBay from $103.00 to $111.00 and gave the stock a “neutral” rating in a research note on Thursday. Citigroup boosted their price target on shares of eBay from $107.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $90.00 price target on shares of eBay in a report on Thursday, February 19th. Wall Street Zen downgraded shares of eBay from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Truist Financial set a $94.00 price target on shares of eBay and gave the stock a “hold” rating in a report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $98.38.

Insider Buying and Selling at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $100.36, for a total transaction of $1,215,660.68. Following the sale, the senior vice president directly owned 30,835 shares of the company’s stock, valued at $3,094,600.60. This represents a 28.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 23,167 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the sale, the senior vice president directly owned 28,915 shares in the company, valued at approximately $2,706,154.85. This trade represents a 44.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 120,393 shares of company stock valued at $11,327,504 in the last three months. 0.64% of the stock is owned by company insiders.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $104.65 on Monday. The company’s 50-day moving average is $90.64 and its 200 day moving average is $88.95. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market capitalization of $46.88 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 2.19 and a beta of 1.34. eBay Inc. has a fifty-two week low of $64.68 and a fifty-two week high of $105.40.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, equities research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.2%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Friday, March 6th. eBay’s payout ratio is currently 28.51%.

eBay Company Profile

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.