eBay Inc. $EBAY Position Increased by Sigma Planning Corp

Sigma Planning Corp raised its position in shares of eBay Inc. (NASDAQ:EBAY) by 61.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,670 shares of the e-commerce company’s stock after buying an additional 8,611 shares during the quarter. Sigma Planning Corp’s holdings in eBay were worth $1,688,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EBAY. Mutual Advisors LLC purchased a new stake in eBay during the first quarter valued at about $206,000. D.A. Davidson & CO. lifted its stake in eBay by 5.7% during the first quarter. D.A. Davidson & CO. now owns 15,093 shares of the e-commerce company’s stock valued at $1,022,000 after buying an additional 820 shares in the last quarter. Capital Investment Advisory Services LLC lifted its stake in eBay by 4.0% during the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company’s stock valued at $285,000 after buying an additional 160 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in eBay by 7.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,357,892 shares of the e-commerce company’s stock valued at $91,970,000 after buying an additional 91,537 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its stake in eBay by 7.1% during the first quarter. TD Private Client Wealth LLC now owns 6,877 shares of the e-commerce company’s stock valued at $466,000 after buying an additional 454 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 4,439 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president owned 93,392 shares in the company, valued at $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the transaction, the chief executive officer owned 246,812 shares in the company, valued at approximately $22,788,151.96. This trade represents a 2.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,791 shares of company stock worth $1,897,320 over the last 90 days. Insiders own 0.64% of the company’s stock.

eBay Price Performance

Shares of EBAY opened at $81.68 on Wednesday. The firm has a market cap of $37.33 billion, a PE ratio of 17.76, a PEG ratio of 2.39 and a beta of 1.31. The firm’s 50 day moving average price is $91.37 and its 200 day moving average price is $83.22. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.03. The firm 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 company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the firm 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. As a group, research analysts expect that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

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

Wall Street Analyst Weigh In

EBAY has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of eBay from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. JPMorgan Chase & Co. increased their price target on shares of eBay from $66.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, July 11th. Mizuho initiated coverage on shares of eBay in a research report on Monday, September 29th. They issued a “neutral” rating and a $98.00 price target for the company. President Capital raised shares of eBay from a “neutral” rating to a “buy” rating and increased their price target for the stock from $74.00 to $103.00 in a research report on Friday, September 19th. Finally, Barclays increased their price target on shares of eBay from $92.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $94.52.

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.