Ieq Capital LLC Invests $4.25 Million in eBay Inc. $EBAY

Ieq Capital LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,028 shares of the e-commerce company's stock, valued at approximately $4,250,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EBAY. Callan Family Office LLC acquired a new stake in shares of eBay during the second quarter worth $2,880,000. Keebeck Wealth Management acquired a new stake in eBay in the 2nd quarter worth about $542,000. Keating Financial Advisory Services Inc. purchased a new stake in eBay in the 2nd quarter valued at about $76,000. Paralel Advisors LLC purchased a new stake in eBay in the 2nd quarter valued at about $72,638,000. Finally, Allworth Financial LP acquired a new position in shares of eBay during the 2nd quarter valued at about $1,720,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the sale, the senior vice president owned 35,546 shares of the company's stock, valued at $3,604,008.94. This represents a 2.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 stock in a transaction dated 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 approximately $27,486,054.05. This trade represents a 4.20% decrease in their position. 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 a total of 37,126 shares of company stock worth $4,087,886 over the last quarter. 0.67% of the stock is owned by corporate insiders.

eBay Trading Up 2.8%

NASDAQ EBAY opened at $107.08 on Tuesday. 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 one year low of $78.03 and a one year high of $119.31. The company's 50 day moving average price is $110.08 and its 200 day moving average price is $102.48. The firm has a market capitalization of $47.65 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 2.51 and a beta of 1.37.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.10. The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business's quarterly 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, sell-side analysts predict that eBay Inc. will post 4.87 EPS for the current 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 paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay's payout ratio is currently 25.67%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EBAY. Deutsche Bank Aktiengesellschaft set a $124.00 target price on shares of eBay in a research report on Monday, May 4th. Needham & Company LLC increased their price target on shares of eBay from $122.00 to $135.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Wells Fargo & Company lowered shares of eBay from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $105.00 to $92.00 in a report on Monday, August 3rd. Benchmark upped their price objective on eBay from $115.00 to $134.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, Citigroup increased their target price on eBay from $127.00 to $130.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $117.24.

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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