Shilanski & Associates Inc. Purchases New Shares in eBay Inc. $EBAY

Shilanski & Associates Inc. acquired a new stake in eBay Inc. (NASDAQ:EBAY) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 20,035 shares of the e-commerce company’s stock, valued at approximately $1,822,000.

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

eBay Stock Down 0.7%

EBAY stock opened at $87.10 on Wednesday. The firm has a 50-day moving average price of $85.02 and a 200-day moving average price of $86.50. eBay Inc. has a 12 month low of $58.71 and a 12 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. The stock has a market capitalization of $39.37 billion, a P/E ratio of 18.93, a price-to-earnings-growth ratio of 2.21 and a beta of 1.35.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.94%. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the company earned $1.19 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio (DPR) is 25.22%.

Insider Buying and Selling at eBay

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total value of $585,478.68. Following the completion of the transaction, the chief executive officer owned 235,781 shares of the company’s stock, valued at $19,117,123.48. This represents a 2.97% 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 2,896 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $82.44, for a total value of $238,746.24. Following the completion of the transaction, the senior vice president owned 55,990 shares of the company’s stock, valued at $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 60,896 shares of company stock worth $5,051,424 over the last three months. 0.64% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

EBAY has been the topic of several analyst reports. Rothschild & Co Redburn reduced their target price on eBay from $95.00 to $90.00 in a report on Friday, November 7th. Citizens Jmp raised shares of eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a research report on Friday, October 24th. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a report on Monday. Stifel Nicolaus dropped their target price on shares of eBay from $89.00 to $88.00 in a research report on Thursday, October 30th. Finally, Truist Financial increased their price target on shares of eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $94.41.

eBay 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.