Bartlett & CO. Wealth Management LLC Sells 200 Shares of eBay Inc. $EBAY

Bartlett & CO. Wealth Management LLC reduced its position in eBay Inc. (NASDAQ:EBAY) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,158 shares of the e-commerce company’s stock after selling 200 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in eBay were worth $533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Wealth Preservation Advisors LLC bought a new position in shares of eBay in the first quarter worth approximately $26,000. Abound Financial LLC bought a new position in shares of eBay in the first quarter worth approximately $29,000. Sierra Ocean LLC boosted its position in shares of eBay by 84.9% in the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock worth $36,000 after purchasing an additional 247 shares during the period. North Capital Inc. bought a new position in shares of eBay in the first quarter worth approximately $38,000. Finally, Tsfg LLC boosted its position in shares of eBay by 58.8% in the first quarter. Tsfg LLC now owns 602 shares of the e-commerce company’s stock worth $41,000 after purchasing an additional 223 shares during the period. 87.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EBAY has been the topic of several research analyst reports. UBS Group set a $87.00 target price on shares of eBay in a report on Thursday, July 31st. Arete raised shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price on the stock in a report on Thursday, August 7th. Barclays reissued an “overweight” rating and issued a $92.00 target price (up previously from $77.00) on shares of eBay in a report on Thursday, July 31st. Needham & Company LLC boosted their target price on shares of eBay from $78.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Cowen reissued a “hold” rating on shares of eBay in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $81.11.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the transaction, the chief executive officer directly owned 246,812 shares in the company, valued at $22,788,151.96. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares in the company, valued at $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 111,728 shares of company stock valued at $10,047,092. 0.64% of the stock is owned by corporate insiders.

eBay Stock Up 0.9%

EBAY stock opened at $88.40 on Friday. The company’s 50 day moving average price is $92.10 and its 200 day moving average price is $78.61. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The firm has a market capitalization of $40.40 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 2.12 and a beta of 1.31.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the firm earned $1.18 earnings per share. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio is presently 25.55%.

About eBay

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.