Benjamin Edwards Inc. Buys New Holdings in eBay Inc. $EBAY

Benjamin Edwards Inc. purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 40,558 shares of the e-commerce company’s stock, valued at approximately $4,532,000.

A number of other institutional investors have also recently bought and sold shares of EBAY. Allworth Financial LP boosted its position 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 purchasing an additional 8,899 shares during the period. North Dakota State Investment Board bought a new position in shares of eBay in the fourth quarter valued at about $1,809,000. Legal & General Group Plc bought a new position in shares of eBay in the second quarter valued at about $506,653,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay during the 4th quarter worth about $9,368,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of eBay during the 4th quarter worth about $1,209,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Needham & Company LLC lifted their target price on shares of eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wells Fargo & Company cut shares of eBay from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $105.00 to $92.00 in a report on Monday, August 3rd. Robert W. Baird set a $126.00 price objective on shares of eBay in a research report on Thursday, August 6th. Susquehanna restated a “neutral” rating on shares of eBay in a report on Friday, August 7th. Finally, Rothschild & Co Redburn upped their target price on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, eBay presently has a consensus rating of “Hold” and an average target price of $117.24.

eBay Stock Performance

NASDAQ:EBAY opened at $105.62 on Monday. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. The stock has a fifty day moving average price of $109.77 and a 200-day moving average price of $102.98. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $47.00 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 2.56 and a beta of 1.37.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.50 by $0.10. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period last year, the firm earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts anticipate that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Insider Activity

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of eBay 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 owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 dated Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total value of $1,205,990.50. Following the transaction, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. The trade was 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 quarter, insiders have sold 37,126 shares of company stock worth $4,087,886. 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.