Roberts Glore & Co. Inc. IL Takes $832,000 Position in eBay Inc. $EBAY

Roberts Glore & Co. Inc. IL purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,441 shares of the e-commerce company’s stock, valued at approximately $832,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP boosted 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 valued at $2,013,000 after buying an additional 8,899 shares during the period. North Dakota State Investment Board acquired a new stake in eBay during the fourth quarter worth about $1,809,000. Legal & General Group Plc bought a new position in eBay in the second quarter worth about $506,653,000. Eurizon Capital SGR S.p.A. acquired a new position in eBay in the fourth quarter valued at approximately $9,368,000. Finally, Jefferies Financial Group Inc. acquired a new position in eBay in the fourth quarter valued at approximately $1,209,000. Institutional investors own 87.48% of the company’s stock.

eBay Trading Down 1.0%

NASDAQ:EBAY opened at $106.00 on Wednesday. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The stock has a market cap of $47.17 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 2.59 and a beta of 1.37. The business has a fifty day moving average of $110.01 and a 200-day moving average of $102.62. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS 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 analyst estimates of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period last year, the company earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities analysts predict that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders 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 dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio is currently 25.67%.

Wall Street Analyst Weigh In

EBAY has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. The Goldman Sachs Group increased their target price on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Needham & Company LLC raised their target price on eBay from $122.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Benchmark boosted their price target on shares of eBay from $115.00 to $134.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Piper Sandler restated an “overweight” rating and set a $133.00 price target (up from $115.00) on shares of eBay in a research report on Thursday, August 6th. 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 stock. According to MarketBeat, eBay presently has an average rating of “Hold” and a consensus target price of $117.24.

Insider Transactions at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company’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 value of $102,809.46. Following the completion of the sale, the senior vice president directly owned 35,546 shares in the company, valued at $3,604,008.94. This represents a 2.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the company’s 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 sale, the senior vice president owned 32,124 shares of the company’s stock, 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. In the last three months, insiders sold 37,126 shares of company stock valued at $4,087,886. Company insiders own 0.67% of the company’s stock.

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.