Perigon Wealth Management LLC purchased a new position in shares of eBay Inc. (NASDAQ:EBAY – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,633 shares of the e-commerce company’s stock, valued at approximately $630,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Cedar Mountain Advisors LLC raised its holdings in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 156 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in eBay in the 1st quarter worth approximately $26,000. Abound Financial LLC purchased a new stake in eBay in the fourth quarter worth approximately $26,000. High Point Wealth Management LLC purchased a new stake in eBay in the fourth quarter worth approximately $26,000. Finally, Jessup Wealth Management Inc bought a new position in eBay during the fourth quarter valued at approximately $27,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at eBay
In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president owned 29,217 shares of the company’s stock, valued at $3,419,557.68. This represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the completion of the sale, the chief executive officer owned 280,204 shares of the company’s stock, valued at approximately $30,707,556.36. This trade represents a 3.81% 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. Insiders have sold a total of 86,112 shares of company stock worth $9,837,076 in the last 90 days. Company insiders own 0.67% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on eBay
eBay Trading Up 0.4%
Shares of EBAY opened at $102.64 on Thursday. The stock has a market capitalization of $45.67 billion, a P/E ratio of 21.25, a PEG ratio of 2.47 and a beta of 1.37. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The firm has a fifty day simple moving average of $110.31 and a two-hundred day simple moving average of $102.20.
eBay (NASDAQ:EBAY – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The company’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, research analysts anticipate that eBay Inc. will post 4.87 EPS for the current year.
eBay Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be issued a dividend of $0.31 per share. 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 payout ratio is currently 25.67%.
eBay Profile
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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