Great Lakes Advisors LLC Buys Shares of 12,636 eBay Inc. $EBAY

Great Lakes Advisors LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to its most recent filing with the SEC. The firm purchased 12,636 shares of the e-commerce company’s stock, valued at approximately $1,412,000.

A number of other institutional investors have also recently bought and sold shares of EBAY. Cedar Mountain Advisors LLC lifted its holdings in eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after acquiring an additional 156 shares in the last quarter. High Point Wealth Management LLC bought a new stake in eBay during the 4th quarter worth approximately $26,000. Abound Financial LLC acquired a new stake in eBay during the 4th quarter worth approximately $26,000. Cassaday & Co Wealth Management LLC bought a new position in eBay in the first quarter valued at approximately $26,000. Finally, Jessup Wealth Management Inc bought a new position in eBay in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Trading Down 0.5%

Shares of EBAY stock opened at $104.13 on Friday. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a market cap of $46.34 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 2.53 and a beta of 1.37. The stock has a 50-day moving average of $110.12 and a 200-day moving average of $102.31.

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 net margin of 18.50% and a return on equity of 47.88%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the prior year, the firm posted $1.37 EPS. The company’s quarterly 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, equities research analysts forecast that eBay Inc. will post 4.87 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. Shareholders of record on Friday, August 28th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio (DPR) is presently 25.67%.

Insider Transactions at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the transaction, the senior vice president directly owned 35,546 shares of the company’s stock, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 eBay stock in a transaction 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 completion of the sale, the chief executive officer owned 253,211 shares of the company’s stock, valued at $27,486,054.05. This represents a 4.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 37,126 shares of company stock valued at $4,087,886. Corporate insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

EBAY has been the subject of a number of research analyst reports. TD Cowen upped their target price on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. UBS Group lifted their price objective on shares of eBay from $107.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Rothschild & Co Redburn increased their price objective on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. BMO Capital Markets set a $145.00 price target on eBay in a research note on Thursday, August 6th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $133.00 price target (up from $115.00) on shares of eBay in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.24.

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.