CW Advisors LLC Has $1.34 Million Stock Holdings in eBay Inc. $EBAY

CW Advisors LLC grew its holdings in eBay Inc. (NASDAQ:EBAY) by 214.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,994 shares of the e-commerce company’s stock after acquiring an additional 12,279 shares during the quarter. CW Advisors LLC’s holdings in eBay were worth $1,340,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of EBAY. PharVision Advisers LLC acquired a new stake in shares of eBay during the 2nd quarter worth approximately $260,000. Groupe la Francaise lifted its position in eBay by 8.2% in the second quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock worth $121,000 after purchasing an additional 123 shares during the period. Blueshift Asset Management LLC boosted its stake in eBay by 298.3% during the second quarter. Blueshift Asset Management LLC now owns 22,980 shares of the e-commerce company’s stock worth $1,711,000 after buying an additional 17,210 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in eBay by 1,007.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock worth $163,058,000 after buying an additional 1,992,116 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in eBay in the 2nd quarter valued at $2,910,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on EBAY shares. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price objective for the company in a report on Friday, October 24th. Piper Sandler dropped their price target on shares of eBay from $102.00 to $98.00 and set an “overweight” rating for the company in a research report on Tuesday, November 11th. Wells Fargo & Company lifted their price objective on eBay from $89.00 to $96.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. B. Riley upped their price objective on eBay from $94.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Finally, Evercore ISI increased their target price on eBay from $90.00 to $93.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $94.69.

Insider Activity at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were 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 in the company, valued at $341,521.44. The trade was a 33.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total value of $2,878,769.70. Following the transaction, the senior vice president directly owned 2,862 shares in the company, valued at approximately $233,367.48. This represents a 92.50% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 57,102 shares of company stock valued at $4,777,385. Insiders own 0.64% of the company’s stock.

eBay Trading Up 0.4%

Shares of EBAY opened at $82.47 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market cap of $37.28 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 2.08 and a beta of 1.35. The stock has a fifty day moving average price of $87.40 and a two-hundred day moving average price of $85.44. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The company had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same period last year, the company posted $1.19 earnings per share. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

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

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.