eBay Inc. $EBAY Shares Sold by Riverview Trust Co

Riverview Trust Co lowered its position in shares of eBay Inc. (NASDAQ:EBAY) by 38.2% in the 2nd quarter, Holdings Channel reports. The fund owned 559 shares of the e-commerce company’s stock after selling 346 shares during the period. Riverview Trust Co’s holdings in eBay were worth $42,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of EBAY. Procyon Advisors LLC raised its holdings in shares of eBay by 100.7% during the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock valued at $2,293,000 after buying an additional 15,449 shares during the last quarter. Marvin & Palmer Associates Inc. acquired a new position in eBay during the 1st quarter worth $2,958,000. Assenagon Asset Management S.A. grew its stake in shares of eBay by 0.5% in the first quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock worth $3,596,000 after purchasing an additional 246 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of eBay by 59.6% during the first quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock valued at $261,000 after purchasing an additional 1,440 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of eBay by 2.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company’s stock valued at $5,381,000 after purchasing an additional 2,095 shares during the period. 87.48% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total transaction of $666,714.93. Following the sale, the chief executive officer owned 246,812 shares in the company, valued at $22,788,151.96. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 111,728 shares of company stock valued at $10,047,092 over the last 90 days. 0.64% of the stock is owned by corporate insiders.

eBay Stock Performance

EBAY opened at $87.58 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The firm has a market cap of $40.02 billion, a PE ratio of 19.29, a P/E/G ratio of 2.20 and a beta of 1.31. The business has a fifty day simple moving average of $91.98 and a 200-day simple moving average of $78.47. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business posted $1.18 earnings per share. eBay’s 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. As a group, equities analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EBAY shares. Needham & Company LLC upped their price objective on shares of eBay from $78.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Morgan Stanley upped their price target on shares of eBay from $81.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Arete upgraded shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 price objective for the company in a report on Thursday, August 7th. Benchmark boosted their target price on eBay from $78.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Citizens Jmp upgraded eBay to a “hold” rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $81.11.

eBay 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.