eBay Inc. $EBAY Stock: VestGen Advisors LLC Cuts Holdings

VestGen Advisors LLC lessened its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 64.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,849 shares of the e-commerce company’s stock after selling 5,055 shares during the quarter. VestGen Advisors LLC’s holdings in eBay were worth $302,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EBAY. BlackRock Inc. acquired a new position in eBay during the second quarter worth approximately $4,406,897,000. Dimensional Fund Advisors LP boosted its holdings in eBay by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after acquiring an additional 80,450 shares during the last quarter. Legal & General Group Plc acquired a new position in shares of eBay in the 2nd quarter valued at about $506,653,000. Amundi grew its holdings in shares of eBay by 26.4% during the 2nd quarter. Amundi now owns 4,014,323 shares of the e-commerce company’s stock worth $448,601,000 after purchasing an additional 838,057 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of eBay by 0.8% during the 1st quarter. Bank of America Corp DE now owns 3,722,253 shares of the e-commerce company’s stock worth $338,799,000 after purchasing an additional 30,761 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Trading Down 1.9%

NASDAQ EBAY opened at $118.62 on Wednesday. eBay Inc. has a one year low of $78.03 and a one year high of $124.59. The company has a 50-day simple moving average of $111.39 and a 200-day simple moving average of $104.11. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market capitalization of $52.07 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 2.89 and a beta of 1.30.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 28th. The e-commerce company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.10. The business had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.12 billion. eBay had a net margin of 16.84% and a return on equity of 49.20%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.36 EPS. On average, equities analysts forecast that eBay Inc. will post 4.75 earnings per share for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.24 annualized dividend and a yield of 1.0%. eBay’s payout ratio is presently 27.07%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on EBAY shares. BNP Paribas Exane upgraded shares of eBay to a “neutral” rating in a research note on Thursday, October 29th. Arete Research decreased their price target on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, September 24th. Sanford C. Bernstein upped their target price on shares of eBay from $115.00 to $125.00 and gave the company a “market perform” rating in a research note on Thursday, October 29th. BMO Capital Markets reiterated an “outperform” rating on shares of eBay in a report on Thursday, October 29th. Finally, Morgan Stanley boosted their price target on eBay from $132.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, October 29th. Seventeen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $123.36.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Monday, October 5th. The stock was sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the transaction, the chief executive officer directly owned 226,269 shares in the company, valued at approximately $24,228,884.52. This trade represents a 4.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the sale, the senior vice president owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This trade represents a 2.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 23,234 shares of company stock worth $2,429,577. 0.67% of the stock is owned by insiders.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay’s Q3 results beat expectations, with adjusted EPS of $1.51 versus $1.41 expected and revenue of $3.21 billion versus $3.12 billion expected. Revenue rose 13.7% year over year, while coverage pointed to broad-based growth and AI investments supporting marketplace momentum. Q3 analysis
• Positive Sentiment: Two reports said eBay’s price targets were raised, including one to $145 and another to $125, offering a favorable analyst signal. Price target raised to $145 Price target raised to $125
• Neutral Sentiment: eBay’s “Most Wanted” and muscle-car features promote collectible vehicle listings and could draw interest to the marketplace, but the articles provide no indication of a material financial contribution. Most Wanted cars
• Neutral Sentiment: A $59.7 million AI supercomputer comprising 300 server racks was reportedly sold through eBay. This appears to be a marketplace transaction, not a sale by eBay itself, and is unlikely to be material to the company’s financial results. AI supercomputer listing
• Negative Sentiment: Jefferies warned that take-rate pressure and slower advertising growth could weigh on monetization, tempering the positive Q3 growth story. Jefferies warning

eBay Profile

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.