Global Retirement Partners LLC Takes $1.03 Million Position in eBay Inc. $EBAY

Global Retirement Partners LLC acquired a new position in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, HoldingsChannel reports. The fund acquired 9,190 shares of the e-commerce company’s stock, valued at approximately $1,027,000.

Several other large investors have also made changes to their positions in EBAY. Vanguard Group Inc. boosted its holdings in eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after acquiring an additional 468,833 shares during the last quarter. Invesco Ltd. increased its stake in eBay by 8.3% during the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after acquiring an additional 692,805 shares during the last quarter. Independent Franchise Partners LLP increased its stake in eBay by 5.2% during the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock worth $674,866,000 after acquiring an additional 384,570 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in eBay by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock worth $446,042,000 after acquiring an additional 80,450 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of eBay by 0.8% in the 1st quarter. Bank of America Corp DE now owns 3,722,253 shares of the e-commerce company’s stock worth $338,799,000 after purchasing an additional 30,761 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the sale, the chief executive officer owned 280,204 shares of the company’s stock, valued at $30,707,556.36. The trade was a 3.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through 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 on Thursday, June 18th. The stock was 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. This represents a 2.44% decrease in their position. 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. Over the last three months, insiders sold 86,112 shares of company stock worth $9,837,076. 0.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EBAY. Rothschild & Co Redburn lifted their price objective on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Citigroup raised their price target on shares of eBay from $127.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a research report on Friday, August 7th. Evercore set a $96.00 price objective on shares of eBay in a research note on Thursday, April 30th. Finally, Arete Research dropped their price objective on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Fourteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $117.09.

eBay Stock Performance

Shares of NASDAQ:EBAY opened at $102.27 on Wednesday. The company has a market cap of $45.51 billion, a P/E ratio of 21.17, a PEG ratio of 2.49 and a beta of 1.37. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. eBay Inc. has a one year low of $78.03 and a one year high of $119.31. The business’s 50-day simple moving average is $110.39 and its 200 day simple moving average is $102.15.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 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 analyst estimates of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, sell-side analysts forecast that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s payout ratio is presently 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.