Everett Harris & Co. CA purchased a new position in shares of eBay Inc. (NASDAQ:EBAY – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,873 shares of the e-commerce company’s stock, valued at approximately $992,000.
A number of other institutional investors also recently added to or reduced their stakes in EBAY. Allworth Financial LP raised its stake in eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after acquiring an additional 8,899 shares in the last quarter. North Dakota State Investment Board bought a new position in shares of eBay during the fourth quarter valued at $1,809,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay in the 4th quarter valued at $9,368,000. Jefferies Financial Group Inc. acquired a new stake in shares of eBay in the 4th quarter valued at $1,209,000. Finally, KBC Group NV grew its holdings in shares of eBay by 14.4% in the 4th quarter. KBC Group NV now owns 722,802 shares of the e-commerce company’s stock worth $62,956,000 after purchasing an additional 90,724 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
EBAY has been the subject of a number of recent analyst reports. Argus upgraded shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research report on Friday, August 7th. BNP Paribas Exane boosted their price target on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. The Goldman Sachs Group upped their price objective on shares of eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Wall Street Zen raised shares of eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, TD Cowen raised their price objective on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a report on Friday, May 1st. Fourteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $117.09.
eBay Price Performance
Shares of EBAY stock opened at $103.14 on Friday. The stock’s fifty day moving average is $110.66 and its 200-day moving average is $102.00. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market capitalization of $45.90 billion, a PE ratio of 21.35, a PEG ratio of 2.52 and a beta of 1.37. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31.
eBay (NASDAQ:EBAY – Get Free Report) last announced its 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. eBay had a return on equity of 47.88% and a net margin of 18.50%.The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same period last year, the company posted $1.37 earnings per share. The firm’s quarterly revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts expect that eBay Inc. will post 4.87 EPS for the current fiscal year.
eBay Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders 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 presently 25.67%.
Insiders Place Their Bets
In other news, CEO Jamie Iannone sold 11,110 shares of the 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 sale, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the sale, the senior vice president directly owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. This represents a 63.12% 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. Over the last three months, insiders sold 87,122 shares of company stock valued at $9,953,842. 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.
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