48,763 Shares in eBay Inc. $EBAY Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new position in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 48,763 shares of the e-commerce company’s stock, valued at approximately $5,449,000.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in shares of eBay by 62.6% in the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after buying an additional 8,899 shares during the last quarter. North Dakota State Investment Board bought a new stake in shares of eBay during the 4th quarter worth $1,809,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of eBay during the 4th quarter worth $9,368,000. Jefferies Financial Group Inc. purchased a new position in eBay in the fourth quarter worth $1,209,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in eBay by 904.3% in the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 283,215 shares of the e-commerce company’s stock worth $24,668,000 after acquiring an additional 255,015 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $104.13 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a market cap of $46.34 billion, a PE ratio of 21.56, a PEG ratio of 2.51 and a beta of 1.37. The company’s fifty day moving average is $110.12 and its 200 day moving average is $102.37. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31.

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

eBay Dividend Announcement

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

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the transaction, the senior vice president directly owned 35,546 shares in the company, valued at $3,604,008.94. This trade represents a 2.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of 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 sold 37,126 shares of company stock worth $4,087,886 in the last ninety days. 0.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. TD Cowen raised their price target on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Stifel Nicolaus set a $98.00 price objective on eBay in a report on Thursday, April 30th. Piper Sandler reiterated an “overweight” rating and set a $133.00 price objective (up from $115.00) on shares of eBay in a research report on Thursday, August 6th. Evercore set a $96.00 price objective on eBay in a report on Thursday, April 30th. Finally, BNP Paribas Exane boosted their target price on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $117.24.

eBay 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.