GSA Capital Partners LLP Acquires New Position in eBay Inc. $EBAY

GSA Capital Partners LLP acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 5,888 shares of the e-commerce company’s stock, valued at approximately $658,000.

A number of other large investors also recently bought and sold shares of the company. Guggenheim Capital LLC increased its holdings in shares of eBay by 7.4% in the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after acquiring an additional 988 shares during the last quarter. Jump Financial LLC bought a new position in eBay during the second quarter worth $275,000. NewEdge Advisors LLC lifted its stake in eBay by 70.4% during the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. boosted its holdings in eBay by 48.7% in the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after purchasing an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina boosted its holdings in eBay by 26.3% in the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after purchasing an additional 67,731 shares during the period. Institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the topic of a number of research reports. Truist Financial increased their target price on shares of eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. President Capital lifted their price target on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, June 25th. TD Cowen boosted their price objective on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Susquehanna reiterated a “neutral” rating on shares of eBay in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. raised their target price on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Fifteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, eBay currently has an average rating of “Hold” and a consensus price target of $117.24.

eBay Price Performance

NASDAQ EBAY opened at $104.61 on Friday. The company has a 50-day moving average price of $110.21 and a two-hundred day moving average price of $102.30. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. The stock has a market cap of $46.55 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Analysts forecast that eBay Inc. will post 4.87 EPS for the current year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total value of $1,205,990.50. Following the completion of the transaction, the chief executive officer owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the transaction, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This trade represents a 5.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,126 shares of company stock valued at $4,087,886 in the last quarter. Corporate insiders own 0.67% 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.