eBay Inc. $EBAY Shares Bought by QRG Capital Management Inc.

Key Points

• QRG Capital Management increased its eBay stake by 10.5% in the second quarter, adding 19,570 shares to own 205,914 shares valued at approximately $23 million. Institutional investors collectively hold 87.48% of eBay’s stock.
• eBay reported quarterly earnings of $1.60 per share and revenue of $3.13 billion, exceeding analyst expectations, while revenue grew 14.8% year over year. The company also declared a quarterly dividend of $0.31 per share.
• Analyst sentiment remains mixed, with eBay carrying a consensus “Hold” rating and an average price target of $117.24. Executives have sold shares through pre-arranged 10b5-1 plans, while GameStop’s large eBay stake continues to fuel speculation about potential strategic action.

QRG Capital Management Inc. increased its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 10.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,914 shares of the e-commerce company's stock after purchasing an additional 19,570 shares during the quarter. QRG Capital Management Inc.'s holdings in eBay were worth $23,011,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of eBay during the second quarter valued at $4,406,897,000. Legal & General Group Plc bought a new position in eBay in the 2nd quarter worth $506,653,000. Bank of America Corp DE bought a new position in shares of eBay during the 2nd quarter worth about $405,182,000. Bank of New York Mellon Corp bought a new stake in shares of eBay during the second quarter valued at approximately $282,479,000. Finally, Nykredit A S acquired a new position in eBay in the second quarter valued at about $256,983,000. Institutional investors and hedge funds own 87.48% of the company's stock.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop continues to hold approximately 43.4 million eBay shares, valued at about $4.9 billion, keeping potential strategic action or an acquisition bid in focus. GameStop CEO Ryan Cohen’s additional $26.4 million purchase of GameStop stock may reinforce his commitment to the company’s broader strategy, which includes its eBay position. GameStop CEO Ryan Cohen Buys Another $26.4 Million of GME Stock
• Positive Sentiment: eBay’s plan to authenticate categories such as trading cards, sneakers and ancient coins could improve buyer trust, support higher-value transactions and strengthen its position in the collectibles market. Cards, Sneakers, and Ancient Coins: Inside eBay’s Plan to Authenticate the Next Collector Wave
• Neutral Sentiment: Reports that GameStop’s eBay acquisition strategy faces timing pressure as warrants approach expiration highlight both possible upside from a deal and execution risk; no transaction has been announced. The Clock Is Ticking on GameStop’s eBay Acquisition Play
• Neutral Sentiment: Independent tools for maintaining eBay sales ledgers and consumer purchases of refurbished products on the marketplace provide evidence of ongoing seller and buyer activity, but are unlikely to materially affect eBay’s valuation.
• Negative Sentiment: eBay CFO Peggy Alford sold 2,716 shares at $108.03 in a transaction described as tax-related. The sale represented about 12% of her direct holdings, making it a modest sentiment headwind, although its tax-related nature reduces its significance as an insider-confidence signal. eBay CFO Peggy Alford Sells 2,716 Shares in Tax-Related Transaction
• Negative Sentiment: Continued reports about counterfeit listings and policy violations underscore marketplace trust, compliance and brand-protection risks, though no new financial impact was reported.

Insider Activity

In other eBay news, SVP Jordan Sweetnam sold 1,014 shares of the firm's 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 sale, the senior vice president directly owned 35,546 shares in the company, valued at $3,604,008.94. This trade represents a 2.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 value of $1,205,990.50. Following the completion of the sale, the chief executive officer owned 253,211 shares of the company's stock, valued at $27,486,054.05. This trade represents 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. Over the last three months, insiders sold 34,344 shares of company stock worth $3,705,005. Insiders own 0.67% of the company's stock.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $109.09 on Thursday. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The stock has a 50 day moving average of $107.87 and a 200-day moving average of $105.66. 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 company has a market capitalization of $48.55 billion, a P/E ratio of 22.59, a P/E/G ratio of 2.90 and a beta of 1.34.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings data 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. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm had revenue of $3.13 billion during the quarter, compared to analysts' expectations of $3.01 billion. During the same period in the previous year, the business posted $1.37 earnings per share. The company'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. As a group, equities research analysts predict that eBay Inc. will post 4.86 EPS for the current year.

eBay Dividend Announcement

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

Analyst Ratings Changes

Several analysts have commented on the stock. Needham & Company LLC upped their target price on shares of eBay from $122.00 to $135.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Citizens Jmp lowered shares of eBay from an "outperform" rating to a "market perform" rating in a research note on Tuesday, August 4th. Truist Financial lifted 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. Robert W. Baird set a $126.00 price target on eBay in a report on Thursday, August 6th. Finally, BMO Capital Markets set a $145.00 price objective on eBay in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued 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 a consensus rating of "Hold" and a consensus price target of $117.24.

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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