eBay Inc. $EBAY Shares Sold by Legal Advantage Investments Inc.

Legal Advantage Investments Inc. lowered its position in shares of eBay Inc. (NASDAQ:EBAY) by 9.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,550 shares of the e-commerce company’s stock after selling 600 shares during the quarter. Legal Advantage Investments Inc.’s holdings in eBay were worth $413,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Wealth Preservation Advisors LLC acquired a new position in shares of eBay during the first quarter valued at approximately $26,000. GFG Capital LLC acquired a new position in shares of eBay during the second quarter valued at approximately $28,000. Abound Financial LLC acquired a new position in shares of eBay during the first quarter valued at approximately $29,000. Sierra Ocean LLC raised its holdings in shares of eBay by 84.9% during the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company’s stock valued at $36,000 after acquiring an additional 247 shares during the last quarter. Finally, North Capital Inc. acquired a new position in shares of eBay during the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other news, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction on 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. The trade was a 58.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the sale, the senior vice president directly owned 93,392 shares of the company’s stock, valued at $8,361,385.76. The trade was a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 118,949 shares of company stock valued at $10,709,691. Corporate insiders own 0.64% of the company’s stock.

eBay Trading Down 1.8%

Shares of eBay stock opened at $88.55 on Friday. The firm has a market capitalization of $40.47 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 2.13 and a beta of 1.31. eBay Inc. has a fifty-two week low of $56.33 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. The stock has a 50 day moving average of $93.06 and a 200 day moving average of $79.75.

eBay (NASDAQ:EBAY) last issued 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. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, research analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Needham & Company LLC increased their price target on eBay from $78.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Susquehanna increased their price target on eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, August 1st. Benchmark increased their price target on eBay from $78.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Robert W. Baird increased their price target on eBay from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Finally, Citizens Jmp raised eBay to a “hold” rating in a report on Thursday, July 10th. One investment 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 given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $81.29.

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.