Benjamin Edwards Inc. Buys Shares of 40,558 eBay Inc. $EBAY

Benjamin Edwards Inc. bought a new position in shares of eBay Inc. (NASDAQ:EBAY) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 40,558 shares of the e-commerce company’s stock, valued at approximately $4,532,000.

Other institutional investors also recently modified their holdings of the company. Guggenheim Capital LLC grew its position in eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after acquiring an additional 988 shares during the last quarter. Jump Financial LLC bought a new position in eBay in the second quarter valued at about $275,000. NewEdge Advisors LLC raised its position in eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. boosted its stake in shares of eBay by 48.7% during the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of eBay by 26.3% during the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after purchasing an additional 67,731 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Performance

Shares of EBAY stock opened at $105.62 on Monday. The stock has a market cap of $47.00 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 2.56 and a beta of 1.37. The stock has a 50-day moving average of $109.77 and a 200-day moving average of $102.98. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data 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 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 firm’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities research analysts forecast that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders 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 (DPR) is presently 25.67%.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of the business’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 value of $1,205,990.50. Following the transaction, the chief executive officer owned 253,211 shares in the company, valued at approximately $27,486,054.05. The trade was a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares in the company, valued at approximately $3,485,775.24. This 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 90 days, insiders have sold 37,126 shares of company stock worth $4,087,886. Company insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on EBAY. Wells Fargo & Company downgraded eBay from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $105.00 to $92.00 in a research note on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating and set a $127.00 target price on shares of eBay in a research report on Thursday, August 6th. Jefferies Financial Group set a $145.00 target price on shares of eBay in a report on Thursday, August 6th. BMO Capital Markets set a $145.00 price target on shares of eBay in a research report on Thursday, August 6th. Finally, Rosenblatt Securities began coverage on shares of eBay in a research note on Thursday, August 20th. They set a “buy” rating and a $120.00 price target for the company. One 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, the stock currently has a consensus rating of “Hold” and an average 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.