M Holdings Securities Inc. Makes New $1.80 Million Investment in eBay Inc. $EBAY

M Holdings Securities Inc. acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 16,891 shares of the e-commerce company’s stock, valued at approximately $1,802,000.

Other hedge funds also recently modified their holdings of the company. Columbus Macro LLC increased its holdings in eBay by 2.5% in the 3rd quarter. Columbus Macro LLC now owns 3,838 shares of the e-commerce company’s stock worth $407,000 after purchasing an additional 93 shares in the last quarter. Conning Inc. boosted its stake in shares of eBay by 5.3% during the third quarter. Conning Inc. now owns 2,083 shares of the e-commerce company’s stock valued at $221,000 after purchasing an additional 104 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of eBay by 1.3% during the third quarter. MGO One Seven LLC now owns 8,532 shares of the e-commerce company’s stock valued at $905,000 after purchasing an additional 109 shares in the last quarter. Spire Wealth Management grew its holdings in shares of eBay by 29.7% during the second quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock worth $55,000 after purchasing an additional 112 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in shares of eBay by 4.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock worth $312,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: A Zacks article included eBay among non-tech Nasdaq stocks with improving earnings estimates and growth opportunities, offering a modestly positive investment signal. Zacks article
• Neutral Sentiment: CEO Jamie Iannone sold 11,110 shares for about $1.37 million, reducing his direct holding by 5.16%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which makes it less clearly a signal about the company’s near-term outlook. SEC filing
• Negative Sentiment: The UK government is considering restricting under-16s’ access to online marketplaces including eBay, citing concerns about contact with strangers. If adopted, the measure could require age-verification changes and limit access to younger users; it remains under consideration, not a finalized ban. Sky News article

eBay Stock Down 0.8%

Shares of EBAY opened at $120.97 on Tuesday. The company has a market capitalization of $53.11 billion, a PE ratio of 26.41, a PEG ratio of 2.99 and a beta of 1.30. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $127.74. The stock’s 50-day moving average price is $112.86 and its two-hundred day moving average price is $104.71. 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 released its quarterly earnings results on Wednesday, October 28th. The e-commerce company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.10. The firm had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.12 billion. eBay had a return on equity of 49.20% and a net margin of 16.84%. The business’s revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.36 EPS. On average, analysts anticipate that eBay Inc. will post 4.75 EPS for the current year.

eBay Announces Dividend

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

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $122.98, for a total transaction of $1,366,307.80. Following the completion of the sale, the chief executive officer owned 204,049 shares of the company’s stock, valued at approximately $25,093,946.02. This represents a 5.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the transaction, the senior vice president owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. The trade was a 2.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 34,344 shares of company stock worth $3,795,885. 0.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on EBAY shares. Robert W. Baird set a $135.00 price objective on eBay in a research note on Thursday, October 29th. Mizuho set a $120.00 target price on shares of eBay in a research report on Thursday, October 29th. UBS Group upgraded shares of eBay from a “neutral” rating to a “buy” rating in a research report on Thursday, October 29th. Citizens Jmp lowered shares of eBay from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Finally, Sanford C. Bernstein upped their price target on shares of eBay from $115.00 to $125.00 and gave the company a “market perform” rating in a research report on Thursday, October 29th. Seventeen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $123.52.

eBay Company Profile

eBay Inc operates a global online marketplace that connects buyers and sellers. Its platform supports both auction-style listings and fixed-price sales across a broad range of categories, including electronics, fashion, collectibles, home goods and auto parts.

Founded by Pierre Omidyar in 1995 as AuctionWeb, the company adopted the eBay name in 1997. It also provides services and tools for sellers, including advertising, payments and shipping features that support transactions on its marketplace.

eBay serves customers and businesses in markets around the world.