eBay Inc. $EBAY Shares Sold by Hudson Capital Management LLC

Hudson Capital Management LLC lowered its stake in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 9.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,731 shares of the e-commerce company’s stock after selling 7,099 shares during the period. eBay makes up approximately 1.7% of Hudson Capital Management LLC’s portfolio, making the stock its 21st biggest holding. Hudson Capital Management LLC’s holdings in eBay were worth $6,342,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in EBAY. Financial Consulate Inc. acquired a new stake in shares of eBay during the 3rd quarter worth $27,000. Princeton Global Asset Management LLC increased its stake in eBay by 433.9% during the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock worth $25,000 after acquiring an additional 269 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in shares of eBay in the 3rd quarter worth about $32,000. GFG Capital LLC acquired a new position in shares of eBay in the 2nd quarter valued at about $28,000. Finally, Sumitomo Mitsui Financial Group Inc. lifted its stake in shares of eBay by 155.3% in the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after purchasing an additional 250 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Price Performance

Shares of EBAY stock opened at $87.10 on Friday. The firm has a fifty day simple moving average of $84.69 and a 200-day simple moving average of $86.51. The company has a market capitalization of $39.37 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 2.19 and a beta of 1.35. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.06.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.94%. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the previous year, the firm posted $1.19 EPS. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Equities research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were paid a $0.29 dividend. The ex-dividend date was Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s payout ratio is 25.22%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on EBAY. Citizens Jmp raised shares of eBay from a “market perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research report on Friday, October 24th. Wells Fargo & Company boosted their price objective on shares of eBay from $89.00 to $96.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 30th. Morgan Stanley increased their price objective on shares of eBay from $89.00 to $102.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Piper Sandler reduced their target price on shares of eBay from $102.00 to $98.00 and set an “overweight” rating on the stock in a report on Tuesday, November 11th. Finally, BMO Capital Markets upped their price target on shares of eBay from $102.00 to $107.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, eBay has a consensus rating of “Hold” and an average price target of $94.41.

Get Our Latest Report on EBAY

Insider Transactions at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the completion of the sale, the senior vice president owned 5,746 shares in the company, valued at $470,597.40. This trade represents a 25.05% 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 Julie A. Loeger sold 2,896 shares of eBay stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $82.44, for a total value of $238,746.24. Following the sale, the senior vice president owned 55,990 shares in the company, valued at $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,896 shares of company stock valued at $5,051,424 in the last three months. 0.64% of the stock is currently owned by company insiders.

About eBay

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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