Formuepleje A S Cuts Stock Holdings in eBay Inc. $EBAY

Formuepleje A S trimmed its stake in eBay Inc. (NASDAQ:EBAY) by 92.3% during the 2nd quarter, Holdings Channel reports. The firm owned 9,256 shares of the e-commerce company’s stock after selling 110,324 shares during the quarter. Formuepleje A S’s holdings in eBay were worth $1,034,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EBAY. Cedar Mountain Advisors LLC lifted its position in eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 156 shares during the last quarter. Abound Financial LLC bought a new position in shares of eBay in the 4th quarter worth $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of eBay during the 1st quarter valued at $26,000. Jessup Wealth Management Inc purchased a new stake in shares of eBay during the 4th quarter valued at $27,000. Finally, Compass Financial Management LLC bought a new stake in shares of eBay during the 2nd quarter worth $28,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EBAY shares. President Capital raised their price target on eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Morgan Stanley restated an “overweight” rating and set a $127.00 price target on shares of eBay in a research report on Thursday, August 6th. Benchmark raised their target price on shares of eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Barclays raised their target price on eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Finally, BMO Capital Markets set a $145.00 price target on shares of eBay in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, eBay currently has an average rating of “Hold” and an average price target of $117.24.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $103.41 on Monday. 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. The firm has a 50-day moving average of $109.47 and a 200 day moving average of $103.76. The stock has a market cap of $46.02 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 2.75 and a beta of 1.34.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data 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. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the prior year, the company earned $1.37 earnings per share. The business’s 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. As a group, sell-side analysts expect that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Announces Dividend

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

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total value of $1,205,990.50. Following the sale, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 stock in a transaction 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 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. Insiders have sold 26,016 shares of company stock worth $2,870,341 in the last 90 days. Insiders own 0.67% of the company’s stock.

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.