CSM Advisors LLC Invests $21.29 Million in eBay Inc. $EBAY

CSM Advisors LLC acquired a new position in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 285,924 shares of the e-commerce company’s stock, valued at approximately $21,288,000. CSM Advisors LLC owned approximately 0.06% of eBay as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Princeton Global Asset Management LLC increased its stake in eBay by 433.9% in the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC bought a new stake in eBay in the first quarter valued at approximately $26,000. GFG Capital LLC acquired a new stake in eBay during the 2nd quarter valued at $28,000. Hantz Financial Services Inc. lifted its stake in shares of eBay by 153.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 451 shares of the e-commerce company’s stock worth $34,000 after buying an additional 273 shares during the last quarter. Finally, Private Wealth Asset Management LLC lifted its position in eBay by 1,470.6% during the second quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company’s stock worth $40,000 after acquiring an additional 500 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. UBS Group set a $95.00 target price on shares of eBay in a research report on Thursday, October 30th. Truist Financial raised their target price on eBay from $86.00 to $92.00 and gave the company a “hold” rating in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a report on Wednesday, October 8th. Sanford C. Bernstein set a $90.00 target price on eBay in a report on Friday, October 31st. Finally, JMP Securities upgraded shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price target for the company in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $94.38.

eBay Stock Performance

EBAY opened at $83.80 on Friday. 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 $37.88 billion, a price-to-earnings ratio of 18.22, a PEG 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’s fifty day moving average price is $90.74 and its two-hundred day moving average price is $83.43.

eBay (NASDAQ:EBAY) last released its quarterly earnings results 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. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a return on equity of 41.45% and a net margin of 20.37%.The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.19 EPS. 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 fiscal year.

eBay Announces Dividend

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

Insider Activity

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was 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 $341,521.44. This represents a 33.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the sale, the senior vice president directly owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. This represents a 92.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 63,317 shares of company stock worth $5,361,568. Corporate insiders own 0.64% of the company’s stock.

About eBay

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.