Y Intercept Hong Kong Ltd Purchases 24,381 Shares of eBay Inc. $EBAY

Y Intercept Hong Kong Ltd lifted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 751.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,625 shares of the e-commerce company’s stock after purchasing an additional 24,381 shares during the period. Y Intercept Hong Kong Ltd’s holdings in eBay were worth $3,087,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its stake in shares of eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after purchasing an additional 8,899 shares in the last quarter. North Dakota State Investment Board bought a new position in eBay in the 4th quarter valued at about $1,809,000. Eurizon Capital SGR S.p.A. acquired a new position in eBay during the 4th quarter valued at about $9,368,000. Jefferies Financial Group Inc. acquired a new position in eBay during the 4th quarter valued at about $1,209,000. Finally, KBC Group NV raised its position in shares of eBay by 14.4% during the 4th quarter. KBC Group NV now owns 722,802 shares of the e-commerce company’s stock worth $62,956,000 after buying an additional 90,724 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Insider Activity at eBay

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at $3,419,557.68. This trade represents a 63.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the completion of the transaction, the chief executive officer directly owned 253,211 shares in the company, valued at approximately $27,486,054.05. This trade represents a 4.20% 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. Insiders sold 87,122 shares of company stock worth $9,953,842 in the last quarter. 0.67% of the stock is owned by company insiders.

eBay Trading Down 3.5%

Shares of NASDAQ:EBAY opened at $102.31 on Thursday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market capitalization of $45.53 billion, a price-to-earnings ratio of 21.18, a PEG ratio of 2.55 and a beta of 1.37. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31. The company has a 50 day moving average price of $110.88 and a 200 day moving average price of $101.92.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The company had revenue of $3.13 billion during 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 company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, research analysts anticipate that eBay Inc. will post 4.89 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. eBay’s dividend payout ratio (DPR) is 25.67%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Barclays upped their price target on shares of eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Rothschild & Co Redburn boosted their target price on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Wedbush restated an “outperform” rating and issued a $135.00 target price on shares of eBay in a research report on Thursday, August 6th. BNP Paribas Exane increased their price target on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lifted their price target on eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.00.

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.