Montag A & Associates Inc. Sells 40,751 Shares of eBay Inc. $EBAY

Montag A & Associates Inc. cut its stake in shares of eBay Inc. (NASDAQ:EBAY) by 90.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 4,350 shares of the e-commerce company’s stock after selling 40,751 shares during the quarter. Montag A & Associates Inc.’s holdings in eBay were worth $396,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. High Point Wealth Management LLC purchased a new stake in eBay in the fourth quarter worth about $26,000. Abound Financial LLC purchased a new position in shares of eBay during the 4th quarter valued at about $26,000. Jessup Wealth Management Inc purchased a new position in shares of eBay during the 4th quarter valued at about $27,000. Beacon Financial Strategies CORP bought a new position in shares of eBay during the 4th quarter valued at approximately $28,000. Finally, JFS Wealth Advisors LLC grew its stake in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after acquiring an additional 116 shares during the period. Institutional investors own 87.48% of the company’s stock.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Investors are looking ahead to eBay’s Q2 earnings release, with analysts expecting another solid quarter after the company previously beat estimates on both EPS and revenue. That setup can help keep sentiment positive if results and guidance come in strong. Earnings Preview: What To Expect From eBay’s Report
• Positive Sentiment: A bullish commentary said eBay’s U.K. experiment helped validate its turnaround strategy, reinforcing the case for improving growth and margins. How EBAY Stock’s British Experiment Signaled A 50% Surge
• Positive Sentiment: Growing interest in collectibles, especially trading cards, could benefit eBay’s marketplace traffic and seller activity since collectibles remain an important category on the platform. Gotta collect ’em all: Trading card market could be worth up to $20 billion
• Neutral Sentiment: GameStop shareholders approved a larger share authorization tied to a highly speculative eBay acquisition bid, but there is no clear evidence of a near-term transaction or direct impact on eBay’s fundamentals. GameStop shareholders approve plan to boost eBay acquisition bid
• Neutral Sentiment: CEO Jamie Iannone sold shares under a pre-arranged Rule 10b5-1 plan, which is generally seen as routine insider activity rather than a strong bearish signal. Jamie Iannone Sells 11,110 Shares of eBay (NASDAQ:EBAY) Stock
• Negative Sentiment: Wells Fargo raised its price target slightly but kept an “equal weight” rating, and its new target still sits below the current share price, suggesting limited upside from here. Wells Fargo target raise on eBay

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the sale, the chief executive officer directly owned 275,431 shares of the company’s stock, valued at approximately $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. The sale 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 Douglas Bradle Sweetnam sold 863 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the sale, the senior vice president owned 34,533 shares in the company, valued at $3,769,967.61. This represents a 2.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 88,125 shares of company stock valued at $9,963,512. 0.67% of the stock is currently owned by insiders.

Analysts Set New Price Targets

EBAY has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Piper Sandler reiterated an “overweight” rating and issued a $115.00 price target (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Rothschild & Co Redburn increased their price objective on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Morgan Stanley raised their price objective on shares of eBay to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Finally, Truist Financial lifted their target price on shares of eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $108.65.

eBay Price Performance

EBAY stock opened at $117.33 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The company’s fifty day moving average price is $110.68 and its 200-day moving average price is $98.23. eBay Inc. has a one year low of $75.78 and a one year high of $119.31. The company has a market capitalization of $52.09 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 2.54 and a beta of 1.37.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the company posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities analysts anticipate that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a dividend of $0.31 per share. The ex-dividend date was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. eBay’s dividend payout ratio (DPR) is presently 28.12%.

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.