Fairvoy Private Wealth LLC Invests $1.03 Million in eBay Inc. $EBAY

Fairvoy Private Wealth LLC bought a new position in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,202 shares of the e-commerce company’s stock, valued at approximately $1,028,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EBAY. Cary Street Partners Investment Advisory LLC grew its holdings in eBay by 9.8% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 3,628 shares of the e-commerce company’s stock valued at $405,000 after buying an additional 325 shares in the last quarter. OFI Invest Asset Management bought a new stake in eBay in the 2nd quarter worth approximately $122,121,000. Aspen Investment Management Inc raised its holdings in shares of eBay by 15.5% during the 2nd quarter. Aspen Investment Management Inc now owns 3,922 shares of the e-commerce company’s stock worth $438,000 after acquiring an additional 525 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of eBay by 1.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 32,701 shares of the e-commerce company’s stock worth $3,654,000 after acquiring an additional 350 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its position in shares of eBay by 43.9% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 51,369 shares of the e-commerce company’s stock valued at $5,740,000 after acquiring an additional 15,662 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the transaction, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 Jordan Douglas Bradle Sweetnam sold 1,010 shares of eBay stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.61, for a total transaction of $116,766.10. Following the sale, the senior vice president directly owned 32,146 shares of the company’s stock, valued at $3,716,399.06. This represents a 3.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 87,122 shares of company stock worth $9,953,842 in the last three months. Corporate insiders own 0.67% of the company’s stock.

eBay Stock Up 2.2%

NASDAQ:EBAY opened at $104.58 on Friday. The company has a market cap of $46.54 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a fifty day simple moving average of $110.79 and a 200-day simple moving average of $101.99.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Analysts anticipate that eBay Inc. will post 4.86 EPS for the current year.

eBay Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Argus raised shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a report on Friday, August 7th. Morgan Stanley reaffirmed an “overweight” rating and set a $127.00 price target on shares of eBay in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of eBay from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday. TD Cowen lifted their price objective on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Finally, Needham & Company LLC boosted their target price on shares of eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Fourteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $117.09.

eBay Company Profile

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.