Terril Brothers Inc. Buys Shares of 3,970 eBay Inc. $EBAY

Terril Brothers Inc. purchased a new stake in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,970 shares of the e-commerce company’s stock, valued at approximately $296,000.

Several other hedge funds and other institutional investors have also made changes to their positions in EBAY. Simon Quick Advisors LLC raised its stake in eBay by 62.2% during the 2nd quarter. Simon Quick Advisors LLC now owns 4,798 shares of the e-commerce company’s stock valued at $357,000 after acquiring an additional 1,840 shares in the last quarter. Strs Ohio lifted its holdings in eBay by 26.7% in the second quarter. Strs Ohio now owns 38,780 shares of the e-commerce company’s stock worth $2,888,000 after purchasing an additional 8,177 shares during the period. Impact Partnership Wealth LLC bought a new position in eBay in the 2nd quarter valued at about $434,000. Atria Investments Inc increased its stake in eBay by 2.2% during the 2nd quarter. Atria Investments Inc now owns 78,021 shares of the e-commerce company’s stock valued at $5,809,000 after buying an additional 1,645 shares during the period. Finally, Savvy Advisors Inc. bought a new stake in shares of eBay during the 2nd quarter worth about $263,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on EBAY shares. JMP Securities upgraded shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price objective for the company in a report on Friday, October 24th. JPMorgan Chase & Co. increased their price target on eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. Susquehanna boosted their price objective on eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Sanford C. Bernstein lifted their target price on eBay from $85.00 to $95.00 and gave the stock a “market perform” rating in a report on Wednesday, October 15th. Finally, BMO Capital Markets raised their price objective on shares of eBay from $102.00 to $107.00 and gave the company an “outperform” rating in a research report on Thursday. 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $92.87.

eBay Price Performance

EBAY stock opened at $83.73 on Friday. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The firm has a 50-day moving average of $92.30 and a two-hundred day moving average of $82.65. The firm has a market capitalization of $38.26 billion, a PE ratio of 18.20, a P/E/G ratio of 2.39 and a beta of 1.31. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05.

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 for the quarter, compared to analyst estimates of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 earnings per share. 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 forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be issued 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 dividend payout ratio is presently 25.55%.

Insiders Place Their Bets

In other news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following 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 at this link. Also, SVP Julie A. Loeger sold 75,952 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the sale, the senior vice president owned 53,107 shares of the company’s stock, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 96,743 shares of company stock worth $8,979,844. 0.64% of the stock is currently owned by corporate insiders.

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.