Livforsakringsbolaget Skandia Omsesidigt Acquires Shares of 209,426 eBay Inc. $EBAY

Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of eBay Inc. (NASDAQ:EBAY) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 209,426 shares of the e-commerce company’s stock, valued at approximately $23,403,000. eBay makes up 0.8% of Livforsakringsbolaget Skandia Omsesidigt’s holdings, making the stock its 29th largest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EBAY. Cedar Mountain Advisors LLC grew its stake in eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares during the period. Abound Financial LLC purchased a new position in eBay during the fourth quarter valued at $26,000. Cassaday & Co Wealth Management LLC purchased a new position in eBay during the first quarter valued at $26,000. Jessup Wealth Management Inc acquired a new stake in shares of eBay in the fourth quarter valued at about $27,000. Finally, Compass Financial Management LLC acquired a new stake in shares of eBay in the second quarter valued at about $28,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were 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 of the company’s stock, valued at approximately $3,604,008.94. The trade was a 2.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president owned 32,124 shares in the company, valued at approximately $3,485,775.24. This represents a 5.64% 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 a total of 37,126 shares of company stock worth $4,087,886 over the last three months. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Robert W. Baird set a $126.00 price target on shares of eBay in a research report on Thursday, August 6th. BNP Paribas Exane boosted their price target on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Morgan Stanley reiterated an “overweight” rating and issued a $127.00 price objective on shares of eBay in a report on Thursday, August 6th. BMO Capital Markets set a $145.00 target price on shares of eBay in a research note on Thursday, August 6th. Finally, Cantor Fitzgerald lowered their target price on eBay from $110.00 to $106.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $117.24.

eBay Price Performance

eBay stock opened at $105.62 on Friday. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $119.31. The stock has a market cap of $47.00 billion, a P/E ratio of 21.87, a PEG ratio of 2.48 and a beta of 1.37. The company has a 50-day moving average price of $109.77 and a 200 day moving average price of $102.87. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.50 by $0.10. The business 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%.The company’s quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 4.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be given a dividend of $0.31 per share. 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 currently 25.67%.

eBay Company 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.