eBay Inc. $EBAY Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in eBay Inc. (NASDAQ:EBAY) by 74.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,364 shares of the e-commerce company’s stock after selling 89,715 shares during the quarter. SG Americas Securities LLC’s holdings in eBay were worth $2,853,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Verdence Capital Advisors LLC boosted its stake in shares of eBay by 71.2% in the 2nd quarter. Verdence Capital Advisors LLC now owns 17,447 shares of the e-commerce company’s stock valued at $1,299,000 after buying an additional 7,256 shares during the period. Procyon Advisors LLC increased its stake in shares of eBay by 100.7% during the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock worth $2,293,000 after buying an additional 15,449 shares during the period. Teacher Retirement System of Texas increased its stake in shares of eBay by 2.0% during the second quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock worth $12,736,000 after buying an additional 3,374 shares during the period. Savant Capital LLC raised its holdings in eBay by 19.4% in the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock valued at $1,804,000 after acquiring an additional 3,933 shares in the last quarter. Finally, denkapparat Operations GmbH lifted its stake in eBay by 112.9% in the second quarter. denkapparat Operations GmbH now owns 8,876 shares of the e-commerce company’s stock worth $661,000 after acquiring an additional 4,706 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of recent analyst reports. Barclays increased their price objective on shares of eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. The Goldman Sachs Group boosted their target price on shares of eBay from $72.00 to $78.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. Robert W. Baird increased their target price on eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, October 13th. UBS Group set a $95.00 price target on eBay in a research note on Thursday, October 30th. Finally, Daiwa Capital Markets decreased their price target on eBay from $99.00 to $84.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, eBay has a consensus rating of “Hold” and an average price target of $94.47.

Insiders Place Their Bets

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of eBay 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 transaction, the senior vice president directly owned 2,862 shares in the company, valued at approximately $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the sale, the senior vice president directly owned 91,921 shares of the company’s stock, valued at $7,715,848.74. The trade was a 4.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 53,675 shares of company stock worth $4,388,825. Corporate insiders own 0.64% of the company’s stock.

eBay Stock Up 2.6%

EBAY opened at $93.30 on Tuesday. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market capitalization of $42.17 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 2.12 and a beta of 1.35. The business’s 50-day simple moving average is $84.53 and its 200-day simple moving average is $87.35.

eBay (NASDAQ:EBAY) last announced its 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 firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a return on equity of 41.94% and a net margin of 20.37%.The business’s revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, November 28th. eBay’s payout ratio is presently 25.22%.

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.