Pure Financial Advisors LLC Makes New $721,000 Investment in eBay Inc. $EBAY

Pure Financial Advisors LLC bought a new stake in shares of eBay Inc. (NASDAQ:EBAYFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 6,452 shares of the e-commerce company’s stock, valued at approximately $721,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Transamerica Financial Advisors LLC bought a new position in shares of eBay in the 2nd quarter worth about $46,000. Corient Private Wealth LP bought a new position in eBay in the second quarter worth about $35,310,000. Bank of America Corp DE bought a new position in eBay in the second quarter worth about $405,182,000. Birmingham Capital Management Co. Inc. AL acquired a new position in eBay in the second quarter valued at approximately $648,000. Finally, Strategic Global Advisors LLC acquired a new position in eBay in the second quarter valued at approximately $2,023,000. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Stock Down 1.7%

EBAY opened at $104.20 on Thursday. The stock’s 50 day moving average price is $109.94 and its 200 day moving average price is $102.74. 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 cap of $46.37 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.57 and a beta of 1.37. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31.

eBay (NASDAQ:EBAYGet 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 analysts’ consensus estimates of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. The firm’s quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, research analysts predict that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio is currently 25.67%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on EBAY. BMO Capital Markets set a $145.00 price target on eBay in a research report on Thursday, August 6th. Daiwa Securities Group upped their price objective on eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Barclays increased their target price on eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Benchmark upped their price target on shares of eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, eBay has an average rating of “Hold” and an average target price of $117.24.

Read Our Latest Analysis on eBay

Insider Activity at eBay

In other news, SVP Mazen Rawashdeh sold 1,919 shares of the company’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 value of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This represents a 5.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 directly owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This represents a 2.77% 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 90 days. Corporate insiders own 0.67% of the company’s stock.

eBay 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.

See Also

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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