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

Ieq Capital LLC purchased a new position in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 38,028 shares of the e-commerce company’s stock, valued at approximately $4,250,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EBAY. Cedar Mountain Advisors LLC boosted its stake in eBay by 128.9% during 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. Cassaday & Co Wealth Management LLC acquired a new position in eBay during the 1st quarter worth $26,000. Abound Financial LLC bought a new stake in shares of eBay in the 4th quarter worth about $26,000. High Point Wealth Management LLC bought a new stake in shares of eBay in the 4th quarter worth about $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of eBay in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EBAY. UBS Group lifted their target price on eBay from $107.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Weiss Ratings raised eBay from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, August 11th. BMO Capital Markets set a $145.00 price objective on eBay in a research note on Thursday, August 6th. Wells Fargo & Company downgraded shares of eBay from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $105.00 to $92.00 in a report on Monday, August 3rd. Finally, Wedbush increased their target price on shares of eBay from $135.00 to $137.00 and gave the stock an “outperform” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $117.24.

eBay Stock Up 2.8%

Shares of eBay stock opened at $107.08 on Tuesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31. The business’s fifty day moving average price is $110.08 and its two-hundred day moving average price is $102.48. The company has a market capitalization of $47.65 billion, a P/E ratio of 22.17, a PEG ratio of 2.51 and a beta of 1.37.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (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 business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same period last year, the firm posted $1.37 earnings per share. The business’s revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, research analysts forecast that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. eBay’s dividend payout ratio is currently 25.67%.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was 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 sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle 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 sale, the senior vice president owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This represents a 2.77% 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. Insiders sold a total of 37,126 shares of company stock worth $4,087,886 over the last ninety days. 0.67% of the stock is currently owned by company insiders.

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.