CSM Advisors LLC Sells 173,206 Shares of eBay Inc. $EBAY

CSM Advisors LLC lowered its stake in shares of eBay Inc. (NASDAQ:EBAY) by 60.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,718 shares of the e-commerce company’s stock after selling 173,206 shares during the period. CSM Advisors LLC’s holdings in eBay were worth $10,254,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Financial Consulate Inc. purchased a new stake in eBay in the third quarter worth $27,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of eBay during the 3rd quarter worth $28,000. Salomon & Ludwin LLC bought a new position in shares of eBay during the 3rd quarter worth $32,000. Sumitomo Mitsui Financial Group Inc. increased its holdings in eBay by 155.3% in the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock worth $30,000 after acquiring an additional 250 shares during the last quarter. Finally, Cloud Capital Management LLC bought a new stake in eBay in the 3rd quarter valued at about $40,000. Institutional investors own 87.48% of the company’s stock.

Insiders Place Their Bets

In other eBay news, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total value of $374,540.28. Following the transaction, the senior vice president directly owned 91,921 shares in the company, valued at $7,715,848.74. This represents a 4.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total value of $157,248.00. Following the completion of the sale, the senior vice president directly owned 5,746 shares in the company, valued at approximately $470,597.40. The trade was a 25.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,697 shares of company stock worth $3,760,124 in the last ninety days. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EBAY has been the topic of several recent research reports. Piper Sandler reaffirmed an “overweight” rating and set a $105.00 price objective (up from $98.00) on shares of eBay in a report on Thursday, February 19th. Stifel Nicolaus boosted their price target on shares of eBay from $88.00 to $94.00 and gave the company a “hold” rating in a research report on Thursday, February 19th. Daiwa Securities Group upped their price target on shares of eBay from $84.00 to $90.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of eBay in a report on Thursday, February 19th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $119.00 price objective on shares of eBay in a research note on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $97.97.

eBay Trading Up 1.5%

Shares of EBAY opened at $91.34 on Friday. The business’s 50-day moving average price is $89.74 and its 200-day moving average price is $88.48. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The stock has a market cap of $40.92 billion, a PE ratio of 21.00, a P/E/G ratio of 1.91 and a beta of 1.38. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.25 earnings per share. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, equities analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $0.31 per share. This is a positive change from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. eBay’s dividend payout ratio is 28.51%.

eBay Company 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.