Corient Private Wealth LP Takes $35.31 Million Position in eBay Inc. $EBAY

Corient Private Wealth LP acquired a new position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 315,982 shares of the e-commerce company's stock, valued at approximately $35,310,000. Corient Private Wealth LP owned 0.07% of eBay at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Compass Financial Management LLC acquired a new position in shares of eBay during the 2nd quarter worth about $28,000. Cedar Mountain Advisors LLC raised its holdings in eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company's stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in shares of eBay in the 1st quarter worth approximately $26,000. Abound Financial LLC acquired a new stake in shares of eBay during the 4th quarter worth approximately $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of eBay during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on EBAY. 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 note on Wednesday, May 13th. Truist Financial boosted their price target on eBay from $105.00 to $115.00 and gave the company a "hold" rating in a research note on Thursday, August 6th. Jefferies Financial Group set a $145.00 price target on eBay in a research report on Thursday, August 6th. Citigroup increased their price objective on eBay from $127.00 to $130.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. Finally, President Capital lifted their price objective on eBay from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, June 25th. One research 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 an average rating of "Hold" and an average target price of $117.24.

eBay Stock Performance

NASDAQ:EBAY opened at $102.27 on Friday. The stock has a market capitalization of $45.51 billion, a P/E ratio of 21.17, a price-to-earnings-growth ratio of 2.52 and a beta of 1.37. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The firm has a 50 day moving average of $109.82 and a 200-day moving average of $102.85.

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

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay's dividend payout ratio (DPR) is presently 25.67%.

Insiders Place Their Bets

In other news, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the sale, the senior vice president directly owned 32,124 shares of the company's stock, valued at $3,485,775.24. This represents a 5.64% 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 firm's stock in a transaction that occurred 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 directly owned 253,211 shares of the company's stock, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their position. 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. Over the last three months, insiders sold 37,126 shares of company stock valued at $4,087,886. Insiders own 0.67% of the company's stock.

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.

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