Equitable Trust Co. Cuts Holdings in eBay Inc. $EBAY

Equitable Trust Co. reduced its holdings in eBay Inc. (NASDAQ:EBAY) by 20.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,479 shares of the e-commerce company’s stock after selling 3,257 shares during the quarter. Equitable Trust Co.’s holdings in eBay were worth $929,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hemington Wealth Management lifted its holdings in eBay by 7.7% in the second quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock valued at $129,000 after acquiring an additional 124 shares during the period. Capital Investment Advisors LLC lifted its stake in shares of eBay by 2.2% in the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock valued at $468,000 after purchasing an additional 138 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in eBay by 0.6% during the first quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock worth $1,560,000 after buying an additional 143 shares in the last quarter. Rosenberg Matthew Hamilton grew its position in eBay by 36.5% during the first quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company’s stock worth $41,000 after buying an additional 160 shares during the period. Finally, Capital Investment Advisory Services LLC increased its holdings in eBay by 4.0% in the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company’s stock valued at $285,000 after buying an additional 160 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

NASDAQ EBAY opened at $91.06 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The business has a fifty day moving average of $92.98 and a 200-day moving average of $80.07. The stock has a market cap of $41.61 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.31.

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

eBay Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio is presently 25.55%.

Insider Activity

In other news, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the sale, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction 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 completion of the sale, the chief executive officer directly owned 246,812 shares of the company’s stock, valued at approximately $22,788,151.96. This represents a 2.84% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 96,743 shares of company stock worth $8,979,844. 0.64% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Arete upgraded shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 price target for the company in a research report on Thursday, August 7th. Cantor Fitzgerald lifted their price objective on eBay from $69.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Benchmark upped their target price on eBay from $78.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Citizens Jmp upgraded eBay to a “hold” rating in a research report on Thursday, July 10th. Finally, Cowen reiterated a “hold” rating on shares of eBay in a research report on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, eBay has an average rating of “Hold” and an average target price of $83.00.

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.