NewEdge Advisors LLC Acquires 34,569 Shares of eBay Inc. $EBAY

Key Points

• NewEdge Advisors increased its eBay stake by 49.2% in the second quarter, purchasing 34,569 additional shares for a total holding of 104,819 shares valued at approximately $11.7 million. Institutional investors collectively own 87.48% of eBay.
• eBay’s latest quarterly results exceeded expectations, with EPS of $1.60 versus the $1.50 consensus and revenue of $3.13 billion, up 14.8% year over year. The company issued third-quarter EPS guidance of $1.36–$1.42 and pays a quarterly dividend of $0.31 per share.
• Analyst sentiment is mixed: eBay has a consensus “Hold” rating and an average price target of $117.24, compared with a recent share price of $107.75. Recent insider sales, including transactions under pre-arranged trading plans, may weigh on investor sentiment.

NewEdge Advisors LLC raised its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 49.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,819 shares of the e-commerce company's stock after buying an additional 34,569 shares during the quarter. NewEdge Advisors LLC's holdings in eBay were worth $11,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cedar Mountain Advisors LLC increased its holdings in eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company's stock valued at $25,000 after acquiring an additional 156 shares during the last quarter. Abound Financial LLC bought a new position in shares of eBay during the 4th quarter valued at about $26,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of eBay during the first quarter valued at about $26,000. Jessup Wealth Management Inc bought a new stake in shares of eBay in the fourth quarter worth about $27,000. Finally, Compass Financial Management LLC purchased a new stake in shares of eBay in the second quarter worth about $28,000. Institutional investors own 87.48% of the company's stock.

eBay Price Performance

EBAY stock opened at $107.75 on Friday. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. 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 50-day moving average price of $108.68 and a 200 day moving average price of $104.35. The stock has a market cap of $47.95 billion, a PE ratio of 22.31, a P/E/G ratio of 2.79 and a beta of 1.34.

eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $3.01 billion. During the same period in the prior year, the firm 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. Equities research analysts anticipate that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. eBay's dividend payout ratio is currently 25.67%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Truist Financial raised their target price on shares of eBay from $105.00 to $115.00 and gave the company a "hold" rating in a report on Thursday, August 6th. Wells Fargo & Company cut shares of eBay from an "equal weight" rating to an "underweight" rating and dropped their price objective for the stock from $105.00 to $92.00 in a research note on Monday, August 3rd. Barclays lifted their price objective on shares of eBay from $114.00 to $123.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Citigroup upped their target price on shares of eBay from $127.00 to $130.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Finally, President Capital increased their price target on shares of eBay from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $117.24.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay is viewed as the stronger investment compared with GameStop. Analysts and market commentary point to eBay’s profitability and more established marketplace model, while GameStop’s latest revenue declined nearly 20% year over year. Reports that GameStop may reconsider a potential bid for eBay could also reduce takeover-related uncertainty. GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
• Positive Sentiment: Fashion Month promotions could increase engagement. eBay has launched a major international fashion campaign intended to attract buyers and sellers, supporting activity in a key marketplace category. eBay Kicks Off Major International Activity for Fashion Month
• Positive Sentiment: Recent operating performance remains supportive. eBay’s latest quarterly results exceeded expectations, with earnings per share of $1.60 versus a $1.50 consensus estimate and revenue of $3.13 billion, up 14.8% year over year. The company also guided to third-quarter EPS of $1.36–$1.42.
• Neutral Sentiment: Speculation surrounding Ryan Cohen and GameStop remains uncertain. Commentary outlines possible strategic moves involving eBay but does not confirm a transaction or concrete change in eBay’s business outlook. Ryan Cohen Has Three Options As He Weighs Next GameStop Move For eBay
• Neutral Sentiment: Reported short interest of zero shares provides no meaningful indication of bearish positioning and may reflect a data-reporting limitation.
• Negative Sentiment: CEO Jamie Iannone sold approximately $2.3 million of eBay stock. The sale represented about 5% of his prior holdings. Because the transactions were executed under a pre-arranged Rule 10b5-1 plan, they may be less significant as a discretionary signal, but insider selling can still weigh on sentiment. eBay CEO Jamie Iannone Sells Company Shares Worth $2.3 Million
• Negative Sentiment: Product-safety risks remain a marketplace overhang. eBay banned airbag sales after regulators linked another death to a counterfeit inflator. The move limits future exposure but highlights potential liability, compliance and counterfeit-control costs. eBay Bans Airbag Sales as NHTSA Confirms 11th Death Tied to Counterfeit Inflator

Insider Transactions at eBay

In related news, SVP Jordan Sweetnam sold 1,014 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 of the company's stock, valued at approximately $3,604,008.94. This trade represents a 2.77% 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 1,919 shares of the business's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the transaction, the senior vice president owned 32,124 shares of the company's stock, valued at approximately $3,485,775.24. The trade was a 5.64% 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. Over the last three months, insiders have sold 37,126 shares of company stock worth $4,007,449. 0.67% of the stock is currently owned by company insiders.

eBay 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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