15,405 Shares in eBay Inc. $EBAY Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, Holdings Channel reports. The fund purchased 15,405 shares of the e-commerce company’s stock, valued at approximately $1,722,000.

Several other institutional investors and hedge funds have also bought and sold shares of EBAY. Allworth Financial LP grew its holdings in eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after acquiring an additional 8,899 shares during the period. North Dakota State Investment Board purchased a new position in eBay during the fourth quarter valued at approximately $1,809,000. Eurizon Capital SGR S.p.A. acquired a new position in eBay in the fourth quarter valued at approximately $9,368,000. Jefferies Financial Group Inc. acquired a new position in eBay in the fourth quarter valued at approximately $1,209,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in eBay by 904.3% in the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 283,215 shares of the e-commerce company’s stock worth $24,668,000 after purchasing an additional 255,015 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on EBAY shares. Truist Financial raised their price objective on shares of eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a research note on Thursday, August 6th. Arete Research decreased their target price on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Bank of America increased their price target on shares of eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. UBS Group raised their price target on shares of eBay from $107.00 to $120.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Finally, The Goldman Sachs Group lifted their price objective on shares of eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Fourteen 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 company’s stock. According to data from MarketBeat, eBay presently has an average rating of “Hold” and an average target price of $117.09.

eBay Stock Up 1.3%

eBay stock opened at $102.27 on Wednesday. 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 has a market capitalization of $45.51 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 2.49 and a beta of 1.37. The business has a 50 day simple moving average of $110.39 and a 200-day simple moving average of $102.15. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (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 firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same quarter last year, the firm posted $1.37 EPS. The business’s revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, analysts anticipate that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Dividend Announcement

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 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio (DPR) is presently 25.67%.

Insider Activity

In related news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 253,211 shares in the company, valued at $27,486,054.05. This represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were 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 directly owned 32,124 shares in the company, valued at $3,485,775.24. This represents a 5.64% 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 a total of 86,112 shares of company stock worth $9,837,076 over the last 90 days. 0.67% of the stock is currently owned by company insiders.

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.