MASTERINVEST Kapitalanlage GmbH acquired a new position in eBay Inc. (NASDAQ:EBAY – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 20,853 shares of the e-commerce company’s stock, valued at approximately $2,330,000.
Several other institutional investors have also added to or reduced their stakes in the stock. Allworth Financial LP grew its holdings in eBay by 62.6% during the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after acquiring an additional 8,899 shares during the period. North Dakota State Investment Board bought a new position in shares of eBay in the 4th quarter worth about $1,809,000. Legal & General Group Plc acquired a new position in shares of eBay in the 2nd quarter valued at about $506,653,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of eBay in the 4th quarter valued at about $9,368,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of eBay during the 4th quarter valued at about $1,209,000. 87.48% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on EBAY shares. Rosenblatt Securities began coverage on eBay in a research note on Thursday, August 20th. They set a “buy” rating and a $120.00 target price for the company. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research note on Monday, May 4th. Citigroup increased their price target on eBay from $127.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Cantor Fitzgerald reduced their price objective on shares of eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Finally, BNP Paribas Exane lifted their price objective on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $117.24.
Insider Buying and Selling
In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president owned 35,546 shares in the company, valued at approximately $3,604,008.94. The trade was a 2.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total transaction 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. 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 have sold a total of 37,126 shares of company stock worth $4,087,886 in the last ninety days. Corporate insiders own 0.67% of the company’s stock.
eBay Stock Performance
Shares of eBay stock opened at $102.27 on Friday. The business has a 50-day simple moving average of $109.82 and a 200 day simple moving average of $102.85. 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 current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $45.51 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 2.52 and a beta of 1.37.
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the prior year, the company earned $1.37 earnings per share. The company’s quarterly revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, research analysts anticipate that eBay Inc. will post 4.86 earnings per share for the current fiscal year.
eBay Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be given a dividend of $0.31 per share. 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 presently 25.67%.
About eBay
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.
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