Daymark Wealth Partners LLC Acquires Shares of 2,692 eBay Inc. $EBAY

Daymark Wealth Partners LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,692 shares of the e-commerce company’s stock, valued at approximately $200,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of EBAY. Impax Asset Management Group plc raised its stake in eBay by 2,536.5% during the first quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock valued at $239,037,000 after buying an additional 3,401,198 shares in the last quarter. Nuveen LLC acquired a new stake in eBay during the first quarter valued at approximately $202,346,000. Pacer Advisors Inc. raised its stake in eBay by 5,181.4% during the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after buying an additional 2,154,735 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in eBay by 253.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock valued at $187,191,000 after buying an additional 1,981,011 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in eBay by 19,822.5% during the second quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock valued at $96,126,000 after buying an additional 1,284,501 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

Shares of EBAY stock opened at $81.31 on Friday. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15. The firm has a market capitalization of $37.16 billion, a price-to-earnings ratio of 17.68, a price-to-earnings-growth ratio of 2.39 and a beta of 1.31. The business has a 50 day simple moving average of $91.94 and a 200 day simple moving average of $82.75. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same period in the prior year, the company posted $1.19 EPS. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, November 28th. eBay’s dividend payout ratio is 25.22%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on EBAY shares. Cantor Fitzgerald increased their price target on eBay from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday. Citizens Jmp upgraded eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price target on the stock in a research report on Friday, October 24th. Argus reiterated a “hold” rating on shares of eBay in a research report on Thursday, August 14th. Mizuho started coverage on eBay in a research report on Monday, September 29th. They set a “neutral” rating and a $98.00 price target on the stock. Finally, Benchmark increased their price target on eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, eBay currently has an average rating of “Hold” and an average price target of $93.00.

Insiders Place Their Bets

In related news, SVP Julie A. Loeger sold 75,952 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the transaction, the senior vice president directly owned 53,107 shares of the company’s stock, valued at $4,952,227.75. This represents a 58.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the transaction, the senior vice president directly owned 3,824 shares of the company’s stock, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 96,743 shares of company stock valued at $8,979,844. 0.64% of the stock is owned by corporate insiders.

eBay Company Profile

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.