CreativeOne Wealth LLC Buys 5,506 Shares of eBay Inc. $EBAY

CreativeOne Wealth LLC lifted its position in eBay Inc. (NASDAQ:EBAY) by 128.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,808 shares of the e-commerce company’s stock after buying an additional 5,506 shares during the quarter. CreativeOne Wealth LLC’s holdings in eBay were worth $730,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Independent Franchise Partners LLP lifted its stake in eBay by 4.6% in the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after acquiring an additional 510,629 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of eBay by 5.6% in the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after purchasing an additional 478,410 shares during the period. Invesco Ltd. lifted its stake in eBay by 8.0% in the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock valued at $571,736,000 after purchasing an additional 627,823 shares during the last quarter. Northern Trust Corp grew its holdings in eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after purchasing an additional 300,216 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in eBay by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock worth $417,021,000 after buying an additional 322,910 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on EBAY shares. Arete upgraded eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price for the company in a research note on Thursday, August 7th. Stifel Nicolaus cut their price target on eBay from $89.00 to $88.00 in a report on Thursday, October 30th. Susquehanna lifted their price objective on shares of eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. President Capital raised shares of eBay from a “neutral” rating to a “buy” rating and increased their price objective for the company from $74.00 to $103.00 in a research report on Friday, September 19th. Finally, Cowen restated a “hold” rating on shares of eBay in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $94.69.

eBay Stock Up 0.5%

EBAY opened at $82.91 on Friday. The stock has a fifty day moving average of $88.34 and a 200-day moving average of $84.84. The company has a market capitalization of $37.47 billion, a P/E ratio of 18.02, a P/E/G ratio of 2.39 and a beta of 1.29. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. 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 released its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The business had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period last year, the firm earned $1.19 earnings per share. eBay’s revenue for the quarter was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, equities analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. eBay’s dividend payout ratio is currently 25.22%.

Insider Buying and Selling

In related news, SVP Mazen Rawashdeh sold 1,910 shares of the business’s 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 transaction, the senior vice president owned 3,824 shares of the company’s stock, valued at $341,521.44. The trade was 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, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total transaction of $397,423.67. Following the sale, the senior vice president directly owned 93,392 shares of the company’s stock, valued at $8,361,385.76. This represents a 4.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 64,323 shares of company stock worth $5,444,100 in the last quarter. Insiders own 0.64% of the company’s stock.

About eBay

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.