Prime Capital Investment Advisors LLC Sells 1,357 Shares of eBay Inc. $EBAY

Prime Capital Investment Advisors LLC reduced its position in shares of eBay Inc. (NASDAQ:EBAY) by 31.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,971 shares of the e-commerce company’s stock after selling 1,357 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in eBay were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Procyon Advisors LLC raised its holdings in eBay by 100.7% during the 2nd 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. bought a new position in eBay in the 1st quarter worth $2,958,000. Assenagon Asset Management S.A. raised its holdings in eBay by 0.5% in the 1st 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 raised its holdings in eBay by 59.6% in the 1st quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock worth $261,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in eBay by 2.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company’s stock worth $5,381,000 after purchasing an additional 2,095 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

eBay Stock Down 1.8%

NASDAQ:EBAY opened at $88.55 on Monday. The firm’s 50-day moving average price is $93.06 and its 200-day moving average price is $79.84. The company has a market capitalization of $40.47 billion, a PE ratio of 19.50, a P/E/G ratio of 2.13 and a beta of 1.31. 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 Inc. has a 1-year low of $56.33 and a 1-year high of $101.15.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company’s revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

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

Analyst Ratings Changes

Several research analysts have commented on EBAY shares. President Capital upgraded shares of eBay from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $74.00 to $103.00 in a report on Friday, September 19th. Argus restated a “hold” rating on shares of eBay in a report on Thursday, August 14th. Barclays restated an “overweight” rating and issued a $92.00 price objective (up from $77.00) on shares of eBay in a report on Thursday, July 31st. UBS Group set a $87.00 price objective on shares of eBay in a report on Thursday, July 31st. Finally, Wall Street Zen downgraded shares of eBay from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, eBay currently has an average rating of “Hold” and a consensus target price of $81.29.

Insider Buying and Selling at eBay

In other eBay news, SVP Julie A. Loeger sold 75,952 shares of the firm’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the sale, the senior vice president directly owned 53,107 shares in the company, valued at approximately $4,952,227.75. This trade represents a 58.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the sale, the senior vice president owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 118,949 shares of company stock worth $10,709,691 in the last 90 days. Insiders own 0.64% of the company’s stock.

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.