Centaurus Financial Inc. Buys New Shares in eBay Inc. $EBAY

Centaurus Financial Inc. purchased a new position in eBay Inc. (NASDAQ:EBAY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,326 shares of the e-commerce company’s stock, valued at approximately $819,000.

A number of other large investors have also recently made changes to their positions in the stock. Jefferies Financial Group Inc. bought a new position in shares of eBay during the 2nd quarter valued at approximately $586,000. Public Employees Retirement System of Ohio purchased a new position in eBay during the second quarter valued at approximately $16,115,000. MASTERINVEST Kapitalanlage GmbH bought a new position in shares of eBay in the second quarter worth approximately $2,330,000. Parvin Asset Management LLC purchased a new stake in shares of eBay in the second quarter worth $218,000. Finally, Proficio Capital Partners LLC bought a new stake in shares of eBay during the 2nd quarter valued at $475,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Mazen Rawashdeh sold 1,919 shares of the firm’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 completion of the transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 business’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 completion of the sale, the chief executive officer owned 253,211 shares in the company, valued at $27,486,054.05. This represents a 4.20% 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 ninety days, insiders sold 37,126 shares of company stock worth $4,087,886. 0.67% of the stock is currently owned by insiders.

eBay Trading Up 3.3%

Shares of eBay stock opened at $105.62 on Friday. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The business has a 50-day moving average price of $109.77 and a 200-day moving average price of $102.87. The firm has a market cap of $47.00 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 2.48 and a beta of 1.37.

eBay (NASDAQ:EBAY) last posted its 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. eBay had a return on equity of 47.88% and a net margin of 18.50%.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 previous year, the business earned $1.37 earnings per share. The firm’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts anticipate that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be given 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 dividend payout ratio is currently 25.67%.

Analyst Ratings Changes

Several research analysts recently weighed in on EBAY shares. Argus raised shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a report on Friday, August 7th. Citigroup upped their price objective on eBay from $127.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Daiwa Securities Group lifted their target price on eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Rosenblatt Securities assumed coverage on eBay in a research note on Thursday, August 20th. They issued a “buy” rating and a $120.00 price target for the company. Finally, Jefferies Financial Group set a $145.00 price objective on shares of eBay in a report on Thursday, August 6th. One investment 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.