17,132 Shares of eBay Inc. $EBAY Bought by BG Investment Services LLC

Key Points

• BG Investment Services LLC purchased 17,132 eBay shares during the third quarter, valued at approximately $1.817 million. Institutional investors collectively own 87.48% of eBay’s stock.
• Analyst sentiment is mixed but leans positive, with an average rating of “Hold” and a consensus price target of $115.84; eBay shares opened at $121.41.
• eBay reported quarterly revenue of $3.13 billion and EPS of $1.60, beating analyst estimates, while maintaining a quarterly dividend of $0.31 per share.

BG Investment Services LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,132 shares of the e-commerce company's stock, valued at approximately $1,817,000.

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Argus upgraded shares of eBay from a "hold" rating to a "buy" rating and set a $133.00 target price for the company in a research note on Friday, August 7th. 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. Citigroup boosted their price target on shares of eBay from $127.00 to $130.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Susquehanna reaffirmed a "neutral" rating on shares of eBay in a research report on Friday, August 7th. Finally, Sanford C. Bernstein reiterated a "market perform" rating and issued a $115.00 price objective on shares of eBay in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $115.84.

eBay Stock Down 0.5%

EBAY opened at $121.41 on Friday. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $124.59. The company's 50-day moving average price is $109.16 and its two-hundred day moving average price is $108.97. The stock has a market cap of $54.03 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 3.04 and a beta of 1.33. 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 - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $3.01 billion. During the same quarter last year, the business posted $1.37 EPS. eBay's quarterly revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts expect that eBay Inc. will post 4.89 earnings per share for the current year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were issued a $0.31 dividend. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.24 annualized dividend and a yield of 1.0%. eBay's dividend payout ratio (DPR) is 25.67%.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Third-quarter guidance was raised above expectations. eBay issued adjusted EPS guidance of $1.36–$1.42, ahead of the $1.35 consensus, while revenue guidance of approximately $3.1 billion matched expectations. The company also indicated that third-quarter results were tracking above its prior guidance. eBay confirms 9% workforce reduction and sees Q3 results above guidance
• Positive Sentiment: Analysts and quantitative indicators remain supportive. Erste Group initiated coverage with a “Buy” rating, while Zacks highlighted eBay’s strong earnings-surprise history, favorable momentum characteristics and the potential for another earnings beat. Erste Group initiates coverage on eBay
• Neutral Sentiment: Investors are focused on the upcoming quarterly report. Wall Street estimates and projections for key operating metrics suggest expectations are elevated ahead of eBay’s earnings release, increasing the importance of the company’s actual results and forward guidance. eBay Q3 earnings estimates
• Negative Sentiment: eBay plans to eliminate about 1,000–1,100 jobs, or roughly 9% of its global workforce. Management says the restructuring will redirect investment toward faster-growing areas and improve cost alignment, but the second mass layoff round this year may signal organizational disruption or pressure to accelerate growth. eBay to cut about 9% of global workforce
• Negative Sentiment: Regulatory and reputational risks remain limited but notable. French officials are pressing resale platforms, including eBay, to remove allegedly looted goods listed after riots, potentially increasing monitoring and compliance requirements. Looted goods appear on resale sites after French riots

Insider Activity

In other eBay news, SVP Jordan Sweetnam sold 1,014 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the sale, the senior vice president directly owned 35,546 shares of the company's stock, valued at $3,604,008.94. This represents a 2.77% decrease in their ownership of the stock. The transaction 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 the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the transaction, the chief executive officer owned 226,269 shares of the company's stock, valued at $24,228,884.52. This represents a 4.68% 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 three months, insiders sold 34,344 shares of company stock valued at $3,635,567. 0.67% of the stock is currently owned by insiders.

eBay Profile

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.