Carnegie Investment Counsel Sells 3,890 Shares of eBay Inc. $EBAY

Carnegie Investment Counsel decreased its position in shares of eBay Inc. (NASDAQ:EBAY) by 45.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 4,577 shares of the e-commerce company’s stock after selling 3,890 shares during the period. Carnegie Investment Counsel’s holdings in eBay were worth $341,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Princeton Global Asset Management LLC increased its holdings in shares of eBay by 433.9% during the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 269 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new position in shares of eBay during the first quarter valued at approximately $26,000. GFG Capital LLC purchased a new position in shares of eBay during the second quarter valued at approximately $28,000. Abound Financial LLC purchased a new position in shares of eBay during the first quarter valued at approximately $29,000. Finally, Private Wealth Asset Management LLC boosted its position in shares of eBay by 1,470.6% during the second quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company’s stock valued at $40,000 after buying an additional 500 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Stock Up 1.8%

EBAY stock opened at $97.20 on Monday. The stock has a fifty day moving average of $92.62 and a 200-day moving average of $81.88. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The company has a market capitalization of $44.42 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping 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 company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the firm posted $1.18 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities research analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

Insider Transactions at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the sale, the senior vice president owned 3,824 shares of the company’s stock, valued at approximately $341,521.44. This trade represents a 33.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the sale, the senior vice president directly owned 53,107 shares of the company’s stock, valued at approximately $4,952,227.75. This trade represents a 58.85% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 96,743 shares of company stock worth $8,979,844. Insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on EBAY. Citizens Jmp raised eBay from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research report on Friday. Mizuho began coverage on eBay in a research report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price on the stock. Cantor Fitzgerald lifted their target price on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Arete raised eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price on the stock in a research report on Thursday, August 7th. Finally, Sanford C. Bernstein lifted their target price on eBay from $85.00 to $95.00 and gave the company a “market perform” rating in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, eBay presently has an average rating of “Hold” and an average target price of $89.13.

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.