7,501 Shares in eBay Inc. $EBAY Purchased by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,501 shares of the e-commerce company’s stock, valued at approximately $838,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in shares of eBay in the second quarter worth approximately $4,406,897,000. Legal & General Group Plc purchased a new position in eBay in the 2nd quarter worth approximately $506,653,000. Bank of America Corp DE purchased a new position in eBay in the 2nd quarter worth approximately $405,182,000. Bank of New York Mellon Corp bought a new position in eBay in the 2nd quarter valued at approximately $282,479,000. Finally, Altshuler Shaham Ltd lifted its position in eBay by 4,452,655.3% in the 4th quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock valued at $182,282,000 after acquiring an additional 2,092,748 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

eBay Stock Performance

EBAY stock opened at $105.62 on Monday. The company has a market cap of $47.00 billion, a P/E ratio of 21.87, a price-to-earnings-growth ratio of 2.56 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 debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. The stock’s fifty day moving average price is $109.77 and its 200-day moving average price is $102.98.

eBay (NASDAQ:EBAY) last posted 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. eBay had a return on equity of 47.88% and a net margin of 18.50%.The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the prior year, the business earned $1.37 earnings per share. eBay’s revenue for the quarter was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities analysts forecast that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 annualized dividend and a dividend yield of 1.2%. eBay’s dividend payout ratio is presently 25.67%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Citigroup lifted their target price on eBay from $127.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a report on Monday, May 4th. Jefferies Financial Group set a $145.00 price objective on eBay in a report on Thursday, August 6th. Weiss Ratings lowered eBay from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. Finally, UBS Group upped their target price on shares of eBay from $107.00 to $120.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $117.24.

Insider Transactions at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the firm’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 transaction, the senior vice president 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. The transaction was disclosed in a filing with the SEC, which can be accessed 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 the business’s 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 sale, the chief executive officer owned 253,211 shares of the company’s stock, valued at $27,486,054.05. This trade represents a 4.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,126 shares of company stock worth $4,087,886 in the last quarter. Company insiders own 0.67% of the company’s stock.

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.