ProVise Management Group LLC Decreases Holdings in eBay Inc. $EBAY

ProVise Management Group LLC trimmed its holdings in eBay Inc. (NASDAQ:EBAY) by 7.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 138,758 shares of the e-commerce company’s stock after selling 10,755 shares during the quarter. ProVise Management Group LLC’s holdings in eBay were worth $12,620,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Miracle Mile Advisors LLC raised its position in eBay by 0.4% in the 3rd quarter. Miracle Mile Advisors LLC now owns 29,151 shares of the e-commerce company’s stock worth $2,651,000 after purchasing an additional 118 shares during the period. Garrett Wealth Advisory Group LLC boosted its position in eBay by 3.8% during the second quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock valued at $244,000 after buying an additional 119 shares during the period. Groupe la Francaise boosted its position in eBay by 8.2% during the second quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock valued at $121,000 after buying an additional 123 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of eBay by 9.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock valued at $124,000 after buying an additional 137 shares during the last quarter. Finally, Empower Advisory Group LLC grew its stake in shares of eBay by 3.5% during the second quarter. Empower Advisory Group LLC now owns 4,566 shares of the e-commerce company’s stock valued at $340,000 after buying an additional 153 shares during the last quarter. Hedge funds and other 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 business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the transaction, the senior vice president directly owned 91,921 shares of the company’s stock, valued at approximately $7,715,848.74. The trade was a 4.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mazen Rawashdeh sold 1,920 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the completion of the transaction, the senior vice president owned 5,746 shares of the company’s stock, valued at $470,597.40. This trade represents a 25.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 44,593 shares of company stock worth $3,998,870 in the last ninety days. Insiders own 0.64% of the company’s stock.

eBay Stock Down 0.4%

NASDAQ EBAY opened at $92.71 on Monday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $41.53 billion, a PE ratio of 21.31, a PEG ratio of 1.94 and a beta of 1.38. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The business’s 50-day moving average is $89.33 and its 200 day moving average is $88.64.

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, beating analysts’ consensus estimates of $1.35 by $0.06. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.During the same quarter in the previous year, the business earned $1.25 EPS. eBay’s revenue was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Sell-side analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.3%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, March 6th. eBay’s payout ratio is presently 28.51%.

Analyst Ratings Changes

EBAY has been the subject of a number of recent research reports. Benchmark boosted their target price on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Wedbush raised their price target on eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Robert W. Baird lifted their price target on eBay from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. BNP Paribas Exane boosted their price objective on eBay from $90.00 to $97.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $120.00 price objective on shares of eBay in a research note on Thursday, February 19th. Fourteen research 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.com, the company has a consensus rating of “Hold” and an average target price of $97.97.

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.