Sigma Planning Corp Purchases 7,164 Shares of eBay Inc. $EBAY

Sigma Planning Corp lifted its position in shares of eBay Inc. (NASDAQ:EBAY) by 124.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 12,899 shares of the e-commerce company’s stock after acquiring an additional 7,164 shares during the quarter. Sigma Planning Corp’s holdings in eBay were worth $1,441,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in EBAY. Cedar Mountain Advisors LLC raised its holdings in shares of eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. Abound Financial LLC bought a new position in eBay during the 4th quarter worth about $26,000. Cassaday & Co Wealth Management LLC purchased a new position in eBay during the 1st quarter valued at about $26,000. Jessup Wealth Management Inc purchased a new position in eBay during the 4th quarter valued at about $27,000. Finally, Compass Financial Management LLC bought a new stake in shares of eBay in the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop’s large eBay stake provides a notable vote of confidence. GameStop converted a previously disclosed derivative position into approximately 43.4 million eBay shares valued near $4.95 billion, potentially making it an influential shareholder rather than an acquisition candidate. The transaction generated an approximately $238 million gain for GameStop and highlights eBay’s value as a major digital-commerce asset. GameStop Turns eBay Pursuit Into a Nearly $5 Billion Investment
• Positive Sentiment: Used cameras remain a strong category in Japan. A report identified used cameras as one of eBay’s top-selling product categories in Japan, second only to fashion, supporting the company’s cross-border commerce strategy and demand for collectible and pre-owned goods. In Japan, used cameras are one of eBay’s top sellers
• Neutral Sentiment: eBay’s airbag ban could improve marketplace trust and safety. The company reportedly prohibited airbag sales because of counterfeit concerns. The policy may reduce a limited source of marketplace volume, but it could strengthen consumer confidence and reduce regulatory and reputational risks. eBay finally bans airbag sales due to counterfeit concerns
• Negative Sentiment: Sector-wide profit-taking pressured online-commerce stocks. Shopify, eBay and Etsy all slipped as traders reduced exposure following a strong August rally. The move appeared to reflect cooling momentum rather than an eBay downgrade or new company-specific negative announcement. Shopify Falls as Profit Taking Follows Rally

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction on Wednesday, June 17th. The stock was 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. The trade was 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 sold 37,126 shares of company stock worth $4,087,886 in the last three months. Corporate insiders own 0.67% of the company’s stock.

eBay Stock Down 2.0%

eBay stock opened at $103.56 on Tuesday. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31. The business has a fifty day moving average price of $109.74 and a 200-day moving average price of $103.09. 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 stock has a market capitalization of $46.08 billion, a price-to-earnings ratio of 21.44, a PEG ratio of 2.56 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts forecast that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

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

Wall Street Analyst Weigh In

EBAY has been the topic of a number of recent research reports. BMO Capital Markets set a $145.00 price objective on shares of eBay in a research note on Thursday, August 6th. Weiss Ratings lowered eBay from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, August 25th. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a research report on Friday, August 7th. Daiwa Securities Group lifted their price target on eBay from $90.00 to $114.00 in a report on Monday, May 11th. Finally, Cantor Fitzgerald reduced their price target on eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $117.24.

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.