Edmond DE Rothschild Holding S.A. Takes $619,000 Position in eBay Inc. $EBAY

Edmond DE Rothschild Holding S.A. acquired a new position in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 5,542 shares of the e-commerce company’s stock, valued at approximately $619,000.

A number of other institutional investors and hedge funds have also bought and sold shares of EBAY. Vanguard Group Inc. boosted its holdings in eBay by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after purchasing an additional 468,833 shares during the period. BlackRock Inc. bought a new position in shares of eBay during the 2nd quarter worth about $4,406,897,000. Invesco Ltd. raised its position in shares of eBay by 8.3% during the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after buying an additional 692,805 shares during the last quarter. Independent Franchise Partners LLP raised its position in shares of 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 valued at $674,866,000 after buying an additional 384,570 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of 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 valued at $446,042,000 after buying an additional 80,450 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EBAY. Weiss Ratings raised eBay from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, August 11th. President Capital upped their price target on eBay from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $115.00 price objective on shares of eBay in a research report on Monday, August 3rd. Arete Research decreased their price objective on eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. lifted their price objective on eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $117.24.

Insider Activity

In other news, 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 value of $102,809.46. Following the sale, the senior vice president directly owned 35,546 shares in the company, valued at approximately $3,604,008.94. This represents a 2.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. The trade was a 5.64% 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. In the last ninety days, insiders have sold 37,126 shares of company stock worth $4,087,886. Company insiders own 0.67% of the company’s stock.

eBay Price Performance

NASDAQ:EBAY opened at $104.61 on Friday. The company has a 50-day moving average of $110.21 and a 200-day moving average of $102.30. The company has a market capitalization of $46.55 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.48 and a beta of 1.37. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. 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 (NASDAQ:EBAY) last posted its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the previous year, the firm posted $1.37 earnings per share. The firm’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Announces Dividend

The business 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 dividend on an annualized basis and a 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.