eBay Inc. $EBAY Shares Sold by TB Alternative Assets Ltd.

TB Alternative Assets Ltd. reduced its stake in shares of eBay Inc. (NASDAQ:EBAY) by 90.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,776 shares of the e-commerce company’s stock after selling 167,393 shares during the period. TB Alternative Assets Ltd.’s holdings in eBay were worth $1,526,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Princeton Global Asset Management LLC grew its holdings in eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 269 shares during the last quarter. GFG Capital LLC purchased a new stake in shares of eBay in the second quarter valued at $28,000. Sumitomo Mitsui Financial Group Inc. boosted its stake in shares of eBay by 155.3% during the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after acquiring an additional 250 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of eBay by 153.4% during the second quarter. Hantz Financial Services Inc. now owns 451 shares of the e-commerce company’s stock valued at $34,000 after acquiring an additional 273 shares during the last quarter. Finally, Private Wealth Asset Management LLC increased its position in eBay by 1,470.6% during the 2nd quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company’s stock worth $40,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on EBAY shares. Cowen restated a “hold” rating on shares of eBay in a report on Monday, October 20th. The Goldman Sachs Group boosted their price objective on shares of eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research report on Thursday, October 30th. Mizuho began coverage on shares of eBay in a research note on Monday, September 29th. They set a “neutral” rating and a $98.00 price objective on the stock. Citigroup restated a “market outperform” rating on shares of eBay in a research report on Thursday, October 30th. Finally, Barclays boosted their price target on eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, eBay presently has an average rating of “Hold” and a consensus price target of $94.41.

eBay Price Performance

eBay stock opened at $85.21 on Friday. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. 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 firm has a 50 day moving average price of $85.34 and a 200 day moving average price of $86.30. The company has a market cap of $38.51 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 2.14 and a beta of 1.35.

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

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were issued a $0.29 dividend. The ex-dividend date was Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. eBay’s dividend payout ratio (DPR) is presently 25.22%.

Insider Transactions at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the completion of the sale, the senior vice president owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Julie A. Loeger sold 2,896 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $82.44, for a total value of $238,746.24. Following the sale, the senior vice president owned 55,990 shares of the company’s stock, valued at $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 60,896 shares of company stock valued at $5,051,424 in the last ninety days. Company insiders own 0.64% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.