Strategic Global Advisors LLC Acquires Shares of 18,100 eBay Inc. $EBAY

Strategic Global Advisors LLC bought a new stake in eBay Inc. (NASDAQ:EBAY) during the second quarter, HoldingsChannel.com reports. The firm bought 18,100 shares of the e-commerce company’s stock, valued at approximately $2,023,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Cedar Mountain Advisors LLC lifted its position in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares during the last quarter. Abound Financial LLC bought a new position in eBay in the fourth quarter valued at about $26,000. Cassaday & Co Wealth Management LLC bought a new position in eBay in the first quarter valued at about $26,000. Jessup Wealth Management Inc bought a new position in eBay in the fourth quarter valued at about $27,000. Finally, Compass Financial Management LLC acquired a new position in eBay during the second quarter worth about $28,000. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

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

Analyst Ratings Changes

A number of research firms have recently commented on EBAY. Stifel Nicolaus set a $98.00 target price on shares of eBay in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a research report on Monday, May 4th. Robert W. Baird set a $126.00 price objective on shares of eBay in a research note on Thursday, August 6th. TD Cowen increased their price objective on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research note on Friday, May 1st. Finally, Argus upgraded shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $117.24.

eBay Stock Performance

eBay stock opened at $104.20 on Thursday. The business has a 50 day moving average of $109.94 and a 200-day moving average of $102.74. The company has a market capitalization of $46.37 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.57 and a beta of 1.37. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02.

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

eBay Announces Dividend

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 given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

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.