6,186 Shares in eBay Inc. $EBAY Bought by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC acquired a new position in eBay Inc. (NASDAQ:EBAY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,186 shares of the e-commerce company’s stock, valued at approximately $691,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Spire Wealth Management grew its stake in shares of eBay by 29.7% during the 2nd quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock worth $55,000 after purchasing an additional 112 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in shares of eBay by 4.6% in the second quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock valued at $312,000 after purchasing an additional 125 shares during the period. Capital Asset Advisory Services LLC lifted its stake in shares of eBay by 3.3% in the first quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock valued at $367,000 after purchasing an additional 129 shares during the period. Harfst & Associates Inc. lifted its stake in shares of eBay by 0.6% in the fourth quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares during the period. Finally, Commerce Bank boosted its holdings in eBay by 0.5% during the fourth quarter. Commerce Bank now owns 28,313 shares of the e-commerce company’s stock worth $2,466,000 after buying an additional 132 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Price Performance

NASDAQ:EBAY opened at $102.27 on Wednesday. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $119.31. The firm has a market cap of $45.51 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.49 and a beta of 1.37. The company’s 50-day moving average is $110.39 and its two-hundred day moving average is $102.15. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results 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. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts expect that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Mizuho set a $110.00 price target on eBay in a report on Thursday, August 6th. Argus raised eBay from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a report on Friday, August 7th. Wedbush reiterated an “outperform” rating and set a $135.00 target price on shares of eBay in a research report on Thursday, August 6th. Wells Fargo & Company lowered eBay from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $105.00 to $92.00 in a report on Monday, August 3rd. Finally, Needham & Company LLC raised their price target on eBay from $122.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Fourteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $117.09.

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 transaction of $1,205,990.50. Following the sale, the chief executive officer owned 253,211 shares in the company, valued at $27,486,054.05. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the sale, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 86,112 shares of company stock valued at $9,837,076. Company insiders own 0.67% of the company’s stock.

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.