Advisors Capital Management LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 232,903 shares of the e-commerce company's stock, valued at approximately $26,027,000. Advisors Capital Management LLC owned about 0.05% of eBay at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cedar Mountain Advisors LLC increased its position in eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company's stock worth $25,000 after buying an additional 156 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of eBay in the first quarter worth $26,000. Abound Financial LLC purchased a new position in shares of eBay in the fourth quarter valued at $26,000. High Point Wealth Management LLC purchased a new position in shares of eBay in the fourth quarter valued at $26,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of eBay during the 4th quarter valued at $27,000. 87.48% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on EBAY shares. Sanford C. Bernstein reiterated a "market perform" rating and set a $115.00 price target on shares of eBay in a research report on Monday, August 3rd. Daiwa Securities Group boosted their price objective on shares of eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Cantor Fitzgerald decreased their target price on shares of eBay from $110.00 to $106.00 and set a "neutral" rating on the stock in a report on Thursday, August 6th. Jefferies Financial Group set a $145.00 target price on shares of eBay in a research note on Thursday, August 6th. Finally, Wall Street Zen raised shares of eBay from a "hold" rating to a "buy" rating in a report on Sunday, April 26th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $117.24.
View Our Latest Stock Report on EBAY
eBay Price Performance
Shares of eBay stock opened at $104.61 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. eBay Inc. has a 52-week low of $78.03 and a 52-week high of $119.31. The company has a fifty day moving average of $110.21 and a 200-day moving average of $102.30. The stock has a market capitalization of $46.55 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37.
eBay (NASDAQ:EBAY - Get Free Report) last posted 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 return on equity of 47.88% and a net margin of 18.50%.The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period last year, the company earned $1.37 EPS. eBay's revenue for the quarter was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts expect that eBay Inc. will post 4.87 EPS for the current year.
eBay Announces Dividend
The firm 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 $0.31 dividend. The ex-dividend date is Friday, August 28th. This represents a $1.24 annualized dividend and a yield of 1.2%. eBay's dividend payout ratio (DPR) is 25.67%.
Insiders Place Their Bets
In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of eBay stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the sale, 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 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 transaction, the chief executive officer directly owned 253,211 shares in the company, valued at approximately $27,486,054.05. The trade was a 4.20% 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. In the last 90 days, insiders sold 37,126 shares of company stock worth $4,087,886. 0.67% of the stock is currently owned by company insiders.
eBay Profile
(
Free Report)
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.
Featured Stories
Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAY - Free Report).
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.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider eBay, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and eBay wasn't on the list.
While eBay currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
