Deutsche Bank AG Takes $222.68 Million Position in eBay Inc. $EBAY

Deutsche Bank AG bought a new stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,992,658 shares of the e-commerce company's stock, valued at approximately $222,680,000. Deutsche Bank AG owned 0.45% of eBay as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cedar Mountain Advisors LLC increased its stake in eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company's stock valued at $25,000 after purchasing an additional 156 shares in the last quarter. High Point Wealth Management LLC acquired a new position in shares of eBay during the fourth quarter valued at about $26,000. Abound Financial LLC bought a new position in shares of eBay during the 4th quarter worth about $26,000. Cassaday & Co Wealth Management LLC bought a new position in shares of eBay during the 1st quarter worth about $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of eBay in the 4th quarter valued at about $27,000. 87.48% of the stock is owned by institutional investors.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the firm's stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the transaction, the chief executive officer directly owned 280,204 shares in the company, valued at approximately $30,707,556.36. This trade represents a 3.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of eBay stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the transaction, the senior vice president directly owned 29,217 shares in the company, valued at $3,419,557.68. This represents a 63.12% 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. Insiders have sold 86,112 shares of company stock worth $9,837,076 over the last 90 days. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wedbush reaffirmed an "outperform" rating and issued a $135.00 target price on shares of eBay in a research report on Thursday, August 6th. Mizuho set a $110.00 price target on eBay in a report on Thursday, August 6th. BNP Paribas Exane boosted their price objective on eBay from $97.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, May 5th. Barclays boosted their price objective on eBay from $114.00 to $123.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Finally, Jefferies Financial Group set a $145.00 target price on eBay in a research report on Thursday, August 6th. Fourteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $117.09.

eBay Trading Up 1.3%

NASDAQ:EBAY opened at $102.27 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a 50-day moving average of $110.39 and a 200-day moving average of $102.15. The company has a market cap of $45.51 billion, a PE ratio of 21.17, a PEG ratio of 2.49 and a beta of 1.37. eBay Inc. has a one year low of $78.03 and a one year high of $119.31.

eBay (NASDAQ:EBAY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the prior year, the business posted $1.37 EPS. The firm's 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 research analysts expect that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

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

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.

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