eBay Inc. $EBAY Stock Sold by VestGen Advisors LLC

VestGen Advisors LLC cut its position in shares of eBay Inc. (NASDAQ:EBAY) by 64.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,849 shares of the e-commerce company’s stock after selling 5,055 shares during the quarter. VestGen Advisors LLC’s holdings in eBay were worth $302,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in EBAY. John Boyer Inc. acquired a new stake in shares of eBay in the third quarter worth $26,000. Compass Financial Management LLC acquired a new stake in eBay during the 2nd quarter worth about $28,000. Cedar Mountain Advisors LLC grew its stake in eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. Field & Main Bank purchased a new position in eBay during the 2nd quarter valued at about $31,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of eBay during the first quarter worth approximately $26,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EBAY shares. Piper Sandler reissued an “overweight” rating and issued a $140.00 price target on shares of eBay in a research note on Thursday, October 29th. Erste Group Bank began coverage on shares of eBay in a report on Wednesday, October 21st. They issued a “buy” rating for the company. Cantor Fitzgerald decreased their price target on eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Jefferies Financial Group reduced their price objective on shares of eBay from $80.00 to $75.00 and set an “underperform” rating for the company in a research note on Monday, September 21st. Finally, Needham & Company LLC upped their price objective on shares of eBay from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, October 29th. Seventeen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $123.36.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $118.62 on Wednesday. The firm has a market capitalization of $52.07 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 2.89 and a beta of 1.30. eBay Inc. has a one year low of $78.03 and a one year high of $124.59. The business has a fifty day simple moving average of $111.39 and a 200 day simple moving average of $104.11. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.16.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, October 28th. The e-commerce company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.10. The firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.12 billion. eBay had a net margin of 16.84% and a return on equity of 49.20%. The business’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.36 earnings per share. Sell-side analysts expect that eBay Inc. will post 4.75 EPS for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, December 4th. eBay’s payout ratio is presently 27.07%.

Insider Buying and Selling

In related news, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the completion of the transaction, the chief executive officer owned 226,269 shares in the company, valued at $24,228,884.52. This trade represents a 4.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the sale, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. This trade represents a 2.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 23,234 shares of company stock valued at $2,429,577. 0.67% of the stock is currently owned by insiders.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay’s Q3 results beat expectations, with adjusted EPS of $1.51 versus $1.41 expected and revenue of $3.21 billion versus $3.12 billion expected. Revenue rose 13.7% year over year, while coverage pointed to broad-based growth and AI investments supporting marketplace momentum. Q3 analysis
• Positive Sentiment: Two reports said eBay’s price targets were raised, including one to $145 and another to $125, offering a favorable analyst signal. Price target raised to $145 Price target raised to $125
• Neutral Sentiment: eBay’s “Most Wanted” and muscle-car features promote collectible vehicle listings and could draw interest to the marketplace, but the articles provide no indication of a material financial contribution. Most Wanted cars
• Neutral Sentiment: A $59.7 million AI supercomputer comprising 300 server racks was reportedly sold through eBay. This appears to be a marketplace transaction, not a sale by eBay itself, and is unlikely to be material to the company’s financial results. AI supercomputer listing
• Negative Sentiment: Jefferies warned that take-rate pressure and slower advertising growth could weigh on monetization, tempering the positive Q3 growth story. Jefferies warning

eBay Company Profile

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.