eBay Inc. $EBAY Shares Sold by Raiffeisen Bank International AG

Key Points

• Raiffeisen Bank International AG cut its eBay stake by 25% in the second quarter, selling 105,287 shares and retaining 315,748 shares valued at approximately $35 million. Institutional investors and hedge funds collectively own 87.48% of eBay.
• eBay reported quarterly earnings of $1.60 per share on $3.13 billion in revenue, exceeding analyst estimates, while revenue increased 14.8% year over year. The company also declared a quarterly dividend of $0.31 per share, representing a 1.2% yield.
• Analyst sentiment remains mixed, with an average rating of “Hold” and an average price target of $117.24. eBay shares opened at $105.86, compared with a 52-week range of $78.03 to $119.31.

Raiffeisen Bank International AG lowered its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 25.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 315,748 shares of the e-commerce company's stock after selling 105,287 shares during the quarter. Raiffeisen Bank International AG owned approximately 0.07% of eBay worth $34,985,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EBAY. Compass Financial Management LLC purchased a new stake in shares of eBay during the 2nd quarter worth $28,000. Cedar Mountain Advisors LLC increased its holdings 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 buying an additional 156 shares during the last quarter. Field & Main Bank acquired a new stake in eBay in the second quarter valued at $31,000. Cassaday & Co Wealth Management LLC acquired a new stake in eBay in the first quarter valued at $26,000. Finally, Abound Financial LLC purchased a new stake in eBay during the 4th quarter worth about $26,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Insider Activity

In other 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 transaction, the senior vice president directly owned 35,546 shares in the company, valued at approximately $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 accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction 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 completion of the transaction, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. The trade was a 5.64% 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 ninety days, insiders sold 26,016 shares of company stock valued at $2,870,341. 0.67% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on EBAY shares. Jefferies Financial Group set a $145.00 price objective on eBay in a research report on Thursday, August 6th. UBS Group boosted their target price on eBay from $107.00 to $120.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 11th. Wedbush upped their price target on eBay from $135.00 to $137.00 and gave the company an "outperform" rating in a report on Thursday, August 20th. Needham & Company LLC increased their price target on shares of eBay from $122.00 to $135.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Piper Sandler reissued an "overweight" rating and set a $133.00 price objective (up from $115.00) on shares of eBay in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, eBay has an average rating of "Hold" and an average target price of $117.24.

eBay Stock Performance

Shares of EBAY stock opened at $105.86 on Friday. The stock's 50-day moving average is $109.56 and its two-hundred day moving average is $103.61. 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 Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The firm has a market cap of $47.11 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 2.83 and a beta of 1.34.

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, beating the consensus estimate of $1.50 by $0.10. The business had revenue of $3.13 billion during 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 business's quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Analysts predict that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

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

About eBay

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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