eBay (NASDAQ:EBAY) Given “Outperform” Rating at Wedbush

eBay (NASDAQ:EBAY)‘s stock had its “outperform” rating restated by equities research analysts at Wedbush in a report issued on Thursday,Benzinga reports. They currently have a $135.00 price objective on the e-commerce company’s stock. Wedbush’s price target points to a potential upside of 19.72% from the stock’s current price.

Several other brokerages also recently issued reports on EBAY. JPMorgan Chase & Co. raised their price objective on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Barclays increased their price objective on eBay from $104.00 to $114.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research note on Friday, June 12th. Sanford C. Bernstein increased their target price on shares of eBay from $95.00 to $100.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 20th. Finally, Susquehanna boosted their price target on eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $110.52.

eBay Stock Performance

Shares of EBAY opened at $112.76 on Thursday. eBay has a one year low of $75.78 and a one year high of $119.31. The company has a market cap of $50.07 billion, a PE ratio of 25.57, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. The firm has a 50-day moving average of $111.42 and a 200-day moving average of $99.08. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities analysts forecast that eBay will post 4.87 earnings per share for the current year.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the sale, the senior vice president owned 29,217 shares in the company, valued at approximately $3,419,557.68. The trade was a 63.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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 company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $113.33, for a total value of $1,259,096.30. Following the completion of the sale, the chief executive officer owned 275,431 shares in the company, valued at $31,214,595.23. The trade was a 3.88% 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. Over the last three months, insiders sold 76,012 shares of company stock worth $8,747,852. 0.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EBAY. Highline Wealth Partners LLC boosted its position in shares of eBay by 243.9% during the 2nd quarter. Highline Wealth Partners LLC now owns 509 shares of the e-commerce company’s stock valued at $57,000 after purchasing an additional 361 shares in the last quarter. Canada Post Corp Registered Pension Plan increased its holdings in eBay by 2.8% in the second quarter. Canada Post Corp Registered Pension Plan now owns 38,349 shares of the e-commerce company’s stock worth $4,286,000 after purchasing an additional 1,041 shares in the last quarter. Independent Financial Group LLC acquired a new position in eBay in the second quarter valued at approximately $208,000. Westwind Capital lifted its stake in eBay by 1,189.3% in the second quarter. Westwind Capital now owns 12,867 shares of the e-commerce company’s stock valued at $1,438,000 after buying an additional 11,869 shares during the period. Finally, Spire Wealth Management boosted its holdings in shares of eBay by 29.7% during the 2nd quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock worth $55,000 after buying an additional 112 shares in the last quarter. 87.48% of the stock is owned by institutional investors.

About eBay

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.