Trek Financial LLC Takes $3.89 Million Position in eBay Inc. $EBAY

Trek Financial LLC bought a new stake in eBay Inc. (NASDAQ:EBAY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 42,777 shares of the e-commerce company’s stock, valued at approximately $3,891,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Financial Consulate Inc. acquired a new stake in eBay during the 3rd quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of eBay in the 3rd quarter valued at about $28,000. Princeton Global Asset Management LLC raised its holdings in shares of 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 purchasing an additional 269 shares during the period. Salomon & Ludwin LLC bought a new position in shares of eBay during the third quarter valued at approximately $32,000. Finally, GFG Capital LLC bought a new stake in eBay in the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In related news, SVP Mazen Rawashdeh sold 1,920 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total value of $157,248.00. Following the sale, the senior vice president directly owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. The trade was a 25.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Julie A. Loeger sold 2,896 shares of the company’s 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 transaction, the senior vice president directly owned 55,990 shares of the company’s stock, valued at approximately $4,615,815.60. This trade represents a 4.92% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 53,675 shares of company stock worth $4,388,825. 0.64% of the stock is currently owned by company insiders.

eBay Stock Down 0.3%

Shares of eBay stock traded down $0.27 during trading on Friday, hitting $93.61. 3,165,161 shares of the stock traded hands, compared to its average volume of 3,731,089. The stock has a market cap of $42.31 billion, a P/E ratio of 20.35, a PEG ratio of 2.18 and a beta of 1.35. The company has a fifty day moving average price of $86.25 and a two-hundred day moving average price of $88.32. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The business had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the previous year, the company posted $1.19 earnings per share. The firm’s revenue for the quarter 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 predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

Analysts Set New Price Targets

EBAY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on eBay from $96.00 to $100.00 in a research note on Thursday, October 30th. Wedbush raised their target price on shares of eBay from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Cantor Fitzgerald upped their price target on shares of eBay from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Jefferies Financial Group raised their price objective on shares of eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research note on Friday, October 17th. Finally, Truist Financial upped their target price on eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Fourteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $95.66.

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.