eBay Inc. $EBAY Shares Bought by IPG Investment Advisors LLC

Key Points

• IPG Investment Advisors increased its eBay stake by 549.2% in the second quarter, reaching 16,815 shares valued at approximately $1.88 million. Several other institutional investors also opened or expanded positions, with institutions collectively owning 87.48% of eBay.
• eBay reported quarterly earnings of $1.60 per share, exceeding the $1.50 analyst consensus, while revenue rose 14.8% year over year to $3.13 billion. The company also declared a $0.31 quarterly dividend, implying a 1.2% yield.
• Insiders sold 26,016 shares worth about $2.87 million over the past 90 days, including sales by CEO Jamie Iannone and SVP Jordan Sweetnam. Wall Street maintains a consensus “Hold” rating, with an average price target of $117.24.

IPG Investment Advisors LLC raised its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 549.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,815 shares of the e-commerce company's stock after buying an additional 14,225 shares during the quarter. IPG Investment Advisors LLC's holdings in eBay were worth $1,879,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EBAY. Rakuten Investment Management Inc. purchased a new stake in shares of eBay during the second quarter valued at $7,929,000. Marvin & Palmer Associates Inc. purchased a new position in eBay in the 2nd quarter worth $3,989,000. Lombard Odier Asset Management Europe Ltd purchased a new position in eBay in the 2nd quarter worth $23,393,000. Empowered Funds LLC acquired a new stake in eBay during the 2nd quarter worth about $16,967,000. Finally, Glenview Trust Co acquired a new stake in eBay during the 2nd quarter worth about $1,544,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Insiders Place Their Bets

In other news, SVP Jordan Sweetnam sold 1,014 shares of eBay stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the transaction, the senior vice president directly owned 35,546 shares of the company's stock, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 completion of the transaction, the chief executive officer owned 253,211 shares of the company's stock, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 26,016 shares of company stock worth $2,870,341. Corporate insiders own 0.67% of the company's stock.

eBay Stock Performance

NASDAQ EBAY opened at $103.51 on Thursday. The stock has a 50-day simple moving average of $109.02 and a two-hundred day simple moving average of $104.21. The firm has a market capitalization of $46.06 billion, a P/E ratio of 21.43, a PEG ratio of 2.78 and a beta of 1.34. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. 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 (NASDAQ:EBAY - Get Free Report) last issued its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping 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 return on equity of 47.88% and a net margin of 18.50%.The company's revenue was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities analysts forecast that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

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 is currently 25.67%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on EBAY shares. BMO Capital Markets set a $145.00 price objective on eBay in a report on Thursday, August 6th. UBS Group lifted their target price on eBay from $107.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. Barclays lifted their target price on eBay from $114.00 to $123.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. 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 report on Wednesday, May 13th. Finally, Arete Research cut their price target on shares of eBay from $113.00 to $111.00 and set a "neutral" rating on the stock in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $117.24.

About eBay

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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