Cibc World Market Inc. acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 84,036 shares of the e-commerce company’s stock, valued at approximately $9,391,000.
Several other large investors also recently added to or reduced their stakes in EBAY. OMERS ADMINISTRATION Corp acquired a new position in eBay in the 2nd quarter valued at $81,290,000. Osmosis Investment Management UK Ltd acquired a new position in eBay during the 2nd quarter worth $5,283,000. Sanctuary Advisors LLC bought a new stake in eBay during the second quarter valued at about $4,870,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of eBay in the second quarter valued at about $261,000. Finally, Bank of Nova Scotia acquired a new stake in shares of eBay in the second quarter valued at about $5,306,000. 87.48% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently weighed in on EBAY shares. BMO Capital Markets set a $145.00 price objective on eBay in a research report on Thursday, August 6th. TD Cowen upped their price target on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a report on Friday, May 1st. Piper Sandler reissued an “overweight” rating and issued a $133.00 price objective (up from $115.00) on shares of eBay in a research report on Thursday, August 6th. Evercore set a $96.00 price target on eBay in a research note on Thursday, April 30th. Finally, BNP Paribas Exane upped their price target on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $117.24.
Insiders Place Their Bets
In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction that occurred 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 in the company, valued at $27,486,054.05. The trade was a 4.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 business’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 sale, the senior vice president directly owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This trade represents a 2.77% decrease in their ownership of the stock. 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. In the last three months, insiders sold 37,126 shares of company stock valued at $4,087,886. 0.67% of the stock is currently owned by insiders.
eBay Price Performance
EBAY opened at $107.08 on Tuesday. 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 $47.65 billion, a P/E ratio of 22.17, a price-to-earnings-growth ratio of 2.51 and a beta of 1.37. The company’s 50 day simple moving average is $110.08 and its 200-day simple moving average is $102.48. eBay Inc. has a one year low of $78.03 and a one year high of $119.31.
eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Sell-side analysts anticipate that eBay Inc. will post 4.87 earnings per share for the current fiscal year.
eBay Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend 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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