eBay Inc. $EBAY Shares Purchased by JB Capital LLC

JB Capital LLC boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 206,910 shares of the e-commerce company’s stock after acquiring an additional 6,062 shares during the quarter. eBay comprises approximately 0.8% of JB Capital LLC’s portfolio, making the stock its 24th biggest holding. JB Capital LLC’s holdings in eBay were worth $18,818,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EBAY. Garrett Wealth Advisory Group LLC grew its stake in shares of eBay by 3.8% during the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock worth $244,000 after purchasing an additional 119 shares during the period. Groupe la Francaise lifted its stake in shares of eBay by 8.2% in the second quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock valued at $121,000 after purchasing an additional 123 shares during the period. Hemington Wealth Management boosted its holdings in eBay by 7.7% during the second quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock worth $129,000 after buying an additional 124 shares in the last quarter. Parkside Financial Bank & Trust grew its position in eBay by 9.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock worth $124,000 after buying an additional 137 shares during the period. Finally, Capital Investment Advisors LLC grew its position in eBay by 2.2% during the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock worth $468,000 after buying an additional 138 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Trading Down 0.7%

eBay stock opened at $87.10 on Wednesday. The stock has a market cap of $39.37 billion, a PE ratio of 18.93, a P/E/G ratio of 2.21 and a beta of 1.35. The stock has a 50-day moving average price of $85.02 and a 200 day moving average price of $86.50. eBay Inc. has a 52 week low of $58.71 and a 52 week 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.

eBay (NASDAQ:EBAY) last released 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. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the prior year, the firm earned $1.19 EPS. The firm’s quarterly revenue 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 earnings per share for the current fiscal year.

eBay Announces Dividend

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

Insider Transactions at eBay

In other eBay news, SVP Julie A. Loeger sold 2,896 shares of the business’s stock in a transaction 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 completion of the transaction, the senior vice president directly owned 55,990 shares in the company, valued at approximately $4,615,815.60. The trade was a 4.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total value of $585,478.68. Following the sale, the chief executive officer owned 235,781 shares in the company, valued at $19,117,123.48. This trade represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 60,896 shares of company stock worth $5,051,424 in the last three months. 0.64% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on EBAY shares. President Capital reduced their price target on shares of eBay from $103.00 to $94.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Needham & Company LLC lifted their price objective on eBay from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Citigroup reissued a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. Robert W. Baird raised their price target on eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Finally, B. Riley lifted their price target on eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, eBay presently has an average rating of “Hold” and an average target price of $94.41.

About eBay

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.