OneDigital Investment Advisors LLC bought a new stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,693 shares of the e-commerce company’s stock, valued at approximately $636,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of EBAY. Spire Wealth Management grew its stake in eBay by 29.7% during the second quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock valued at $55,000 after acquiring an additional 112 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in eBay by 4.6% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock valued at $312,000 after purchasing an additional 125 shares during the period. Capital Asset Advisory Services LLC boosted its holdings in eBay by 3.3% in the 1st quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock valued at $367,000 after purchasing an additional 129 shares during the period. Harfst & Associates Inc. grew its position in shares of eBay by 0.6% during the 4th quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares in the last quarter. Finally, Commerce Bank grew its position in shares of eBay by 0.5% during the 4th quarter. Commerce Bank now owns 28,313 shares of the e-commerce company’s stock valued at $2,466,000 after purchasing an additional 132 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.
Insider Buying and Selling at eBay
In other eBay news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the completion of the sale, the chief executive officer owned 253,211 shares of the company’s stock, valued at $27,486,054.05. This represents a 4.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the transaction, the senior vice president owned 34,533 shares in the company, valued at $3,769,967.61. The trade was a 2.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 86,112 shares of company stock worth $9,837,076. 0.67% of the stock is currently owned by insiders.
eBay Price Performance
eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the previous year, the firm posted $1.37 earnings per share. The firm’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities 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. Shareholders of record on Friday, August 28th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s payout ratio is 25.67%.
Analyst Ratings Changes
Several equities research analysts recently issued reports on EBAY shares. Jefferies Financial Group set a $145.00 price objective on eBay in a research note on Thursday, August 6th. Needham & Company LLC upped their target price on eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Cantor Fitzgerald dropped 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. Truist Financial upped their price objective on shares of eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Finally, Piper Sandler restated an “overweight” rating and set a $133.00 price objective (up from $115.00) on shares of eBay in a research report on Thursday, August 6th. Fourteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, eBay has a consensus rating of “Hold” and an average price target of $117.09.
View Our Latest Stock Report on EBAY
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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