eBay (NASDAQ:EBAY) Stock Price Up 4.3% – Time to Buy?

Shares of eBay Inc. (NASDAQ:EBAY) were up 4.3% during trading on Monday. The company traded as high as $116.96 and last traded at $117.0110. 780,719 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 4,887,127 shares. The stock had previously closed at $112.19.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on EBAY shares. Weiss Ratings cut eBay from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, September 28th. Arete Research dropped their price target on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, September 24th. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a report on Friday, August 7th. Truist Financial lifted their price objective on eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Finally, Cantor Fitzgerald lowered their price objective on eBay from $110.00 to $106.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $115.24.

eBay Trading Up 4.9%

The stock has a market capitalization of $52.37 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 2.97 and a beta of 1.33. The company’s 50-day moving average is $106.65 and its 200-day moving average is $107.05. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. eBay’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts anticipate that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Insider Buying and Selling

In related news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $107.08, for a total value of $1,189,658.80. Following the transaction, the chief executive officer directly owned 226,269 shares in the company, valued at approximately $24,228,884.52. This represents a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the company’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 completion of the transaction, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. This represents a 2.77% 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 have sold a total of 34,344 shares of company stock valued at $3,635,567 in the last 90 days. Insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On eBay

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of eBay during the 2nd quarter worth $4,406,897,000. Legal & General Group Plc acquired a new stake in shares of eBay during the 2nd quarter worth about $506,653,000. Bank of America Corp DE purchased a new stake in eBay in the 2nd quarter valued at about $405,182,000. Bank of New York Mellon Corp purchased a new stake in eBay in the 2nd quarter valued at about $282,479,000. Finally, Nykredit A S purchased a new stake in eBay in the 2nd quarter valued at about $256,983,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

About eBay

eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects millions of buyers and sellers. The platform enables individuals, small businesses and larger retailers to list and purchase new, used and refurbished merchandise across categories such as electronics, fashion, collectibles, automotive parts, home goods and industrial products.

The company generates revenue primarily through fees charged to sellers for listing and selling items, along with advertising services and other marketplace-related offerings.