Vise Technologies Inc. Buys Shares of 70,053 eBay Inc. $EBAY

Vise Technologies Inc. acquired a new position in shares of eBay Inc. (NASDAQ:EBAYFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 70,053 shares of the e-commerce company’s stock, valued at approximately $7,828,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cedar Mountain Advisors LLC increased its position in shares of eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 156 shares in the last quarter. High Point Wealth Management LLC purchased a new stake in shares of eBay during the 4th quarter valued at $26,000. Abound Financial LLC acquired a new stake in shares of eBay in the 4th quarter worth $26,000. Cassaday & Co Wealth Management LLC purchased a new position in eBay during the 1st quarter worth $26,000. Finally, Jessup Wealth Management Inc acquired a new position in eBay during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on EBAY shares. Rothschild & Co Redburn raised their price target on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $115.00 price objective on shares of eBay in a research report on Monday, August 3rd. Robert W. Baird set a $126.00 target price on shares of eBay in a research report on Thursday, August 6th. Arete Research cut their price target on shares of eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. Finally, Benchmark raised their price target on shares of eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $117.24.

View Our Latest Stock Analysis on eBay

eBay Price Performance

NASDAQ:EBAY opened at $104.61 on Friday. eBay Inc. has a one year low of $78.03 and a one year high of $119.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $46.55 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.48 and a beta of 1.37. The firm’s fifty day moving average is $110.21 and its two-hundred day moving average is $102.30.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $3.13 billion during 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 revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts expect that eBay Inc. will post 4.87 EPS for the current 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 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 is Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Insider Activity at eBay

In other news, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction that occurred 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of eBay stock in a transaction that occurred on Tuesday, August 18th. The shares were 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 of the company’s stock, valued at approximately $3,604,008.94. This trade represents a 2.77% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 37,126 shares of company stock worth $4,087,886. 0.67% of the stock is owned by corporate insiders.

eBay Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAYFree Report).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Receive News & Ratings for eBay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay and related companies with MarketBeat.com's FREE daily email newsletter.