Montag A & Associates Inc. Lowers Position in eBay Inc. $EBAY

Montag A & Associates Inc. trimmed its position in shares of eBay Inc. (NASDAQ:EBAY) by 1.6% during the second quarter, Holdings Channel.com reports. The fund owned 66,035 shares of the e-commerce company’s stock after selling 1,065 shares during the quarter. Montag A & Associates Inc.’s holdings in eBay were worth $4,917,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vise Technologies Inc. purchased a new position in eBay during the second quarter worth about $4,404,000. Allworth Financial LP increased its stake in eBay by 72.0% in the 2nd quarter. Allworth Financial LP now owns 14,451 shares of the e-commerce company’s stock valued at $1,076,000 after buying an additional 6,049 shares during the last quarter. Illinois Municipal Retirement Fund lifted its position in shares of eBay by 29.0% during the 2nd quarter. Illinois Municipal Retirement Fund now owns 351,045 shares of the e-commerce company’s stock worth $26,139,000 after buying an additional 78,978 shares in the last quarter. Roberts Glore & Co. Inc. IL boosted its stake in shares of eBay by 2.9% in the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 8,796 shares of the e-commerce company’s stock worth $655,000 after buying an additional 250 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of eBay by 4.3% in the second quarter. Acadian Asset Management LLC now owns 2,091,976 shares of the e-commerce company’s stock valued at $155,731,000 after acquiring an additional 86,835 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Price Performance

NASDAQ EBAY opened at $85.18 on Tuesday. 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 company has a market cap of $38.50 billion, a PE ratio of 18.52, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. eBay Inc. has a 52 week low of $58.71 and a 52 week high of $101.15. The firm’s 50-day simple moving average is $90.63 and its two-hundred day simple moving average is $83.67.

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

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders 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 dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 28th. eBay’s dividend payout ratio (DPR) is presently 25.22%.

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total transaction of $585,478.68. Following the completion of the transaction, the chief executive officer owned 235,781 shares of the company’s stock, valued at $19,117,123.48. The trade was a 2.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the sale, the senior vice president owned 2,862 shares in the company, valued at approximately $233,367.48. This represents a 92.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 63,317 shares of company stock valued at $5,361,568 in the last ninety days. 0.64% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Benchmark lifted their price target on eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. B. Riley lifted their target price on eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Needham & Company LLC boosted their price target on shares of eBay from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Citigroup restated a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. Finally, Stifel Nicolaus lowered their price objective on shares of eBay from $89.00 to $88.00 in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, eBay presently has a consensus rating of “Hold” and an average price target of $94.38.

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.