Baird Financial Group Inc. Has $962,000 Stake in eBay Inc. $EBAY

Key Points

• Baird Financial Group cut its eBay stake by 69.5% in the second quarter, leaving it with 8,612 shares worth approximately $962,000. Institutional investors still own 87.48% of eBay’s outstanding stock.
• Analyst sentiment is mixed but generally constructive: eBay has an average “Hold” rating and a $117.24 price target, with several firms recently raising their targets and maintaining Buy or Outperform ratings.
• eBay reported stronger-than-expected quarterly results, with $1.60 in EPS and $3.13 billion in revenue, while revenue grew 14.8% year over year. The company also maintains a quarterly dividend of $0.31 per share, equivalent to a 1.1% annualized yield.

Baird Financial Group Inc. cut its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 69.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,612 shares of the e-commerce company's stock after selling 19,580 shares during the quarter. Baird Financial Group Inc.'s holdings in eBay were worth $962,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. West Family Investments Inc. bought a new position in shares of eBay during the second quarter valued at approximately $217,000. Waverly Advisors LLC grew its position in shares of eBay by 4.3% during the 2nd quarter. Waverly Advisors LLC now owns 9,497 shares of the e-commerce company's stock valued at $1,061,000 after acquiring an additional 395 shares during the period. Empirical Finance LLC increased its holdings in eBay by 3.4% in the 2nd quarter. Empirical Finance LLC now owns 15,492 shares of the e-commerce company's stock worth $1,731,000 after acquiring an additional 513 shares in the last quarter. Nykredit A S acquired a new position in shares of eBay during the second quarter valued at approximately $192,653,000. Finally, Amundi lifted its holdings in eBay by 26.4% in the 2nd quarter. Amundi now owns 4,014,323 shares of the e-commerce company's stock valued at $448,601,000 after purchasing an additional 838,057 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Weiss Ratings upgraded eBay from a "buy (b)" rating to a "buy (b+)" rating in a report on Friday, September 11th. Piper Sandler reissued an "overweight" rating and issued a $133.00 price target (up from $115.00) on shares of eBay in a research note on Thursday, August 6th. Sanford C. Bernstein reissued a "market perform" rating and set a $115.00 target price on shares of eBay in a research note on Monday, August 3rd. Wedbush raised their price target on shares of eBay from $135.00 to $137.00 and gave the company an "outperform" rating in a research report on Thursday, August 20th. Finally, President Capital upped their price target on eBay from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $117.24.

Insider Activity

In related news, SVP Jordan Sweetnam sold 1,014 shares of eBay stock in a transaction on 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 in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 business's stock in a transaction on 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 sale, the chief executive officer directly owned 253,211 shares in the company, valued at $27,486,054.05. This trade represents a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 34,344 shares of company stock valued at $3,705,005. Insiders own 0.67% of the company's stock.

eBay Stock Down 0.9%

EBAY stock opened at $111.84 on Friday. 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 firm has a 50 day simple moving average of $108.14 and a 200-day simple moving average of $105.17. The company has a market capitalization of $49.77 billion, a P/E ratio of 23.16, a PEG ratio of 2.97 and a beta of 1.34. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31.

eBay (NASDAQ:EBAY - Get Free Report) 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. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm's revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities research analysts predict that eBay Inc. will post 4.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 28th. eBay's dividend payout ratio is 25.67%.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay’s international-shipping coverage highlights the use of CPaSS and SpeedPAK, potentially improving cross-border seller efficiency and buyer delivery options. eBay International Shipping article
• Positive Sentiment: New fashion and collectibles initiatives—including Endless Runway events, British designer showcases, and searches for Michael Jordan and Shohei Ohtani memorabilia—could strengthen eBay’s brand engagement and support marketplace activity. Endless Runway article
• Positive Sentiment: eBay UK launched another grant program for young entrepreneurs, while its Pokémon card valuation tool may encourage more sellers and buyers to use the platform. eBay UK grants article

eBay Company Profile

eBay Inc NASDAQ: EBAY operates a global online marketplace that connects buyers and sellers. Its platform supports the sale of new, used, refurbished and collectible products across categories including electronics, apparel, footwear, home and garden, automotive parts, accessories and trading cards.

The company generates revenue primarily through seller fees and related services, including payments, advertising and shipping solutions. eBay also offers specialized experiences such as eBay Motors and authentication programs designed to help verify eligible luxury goods, sneakers, watches, handbags and collectibles.

Founded in 1995 by Pierre Omidyar, eBay serves customers and sellers in markets around the world.

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