eBay Inc. $EBAY Position Boosted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its stake in eBay Inc. (NASDAQ:EBAY) by 5.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 192,239 shares of the e-commerce company’s stock after purchasing an additional 10,419 shares during the quarter. PNC Financial Services Group Inc.’s holdings in eBay were worth $17,498,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Oslo Pensjonsforsikring AS acquired a new position in eBay during the first quarter worth $281,000. DJE Kapital AG bought a new stake in eBay during the first quarter worth approximately $10,858,000. Wilkerson Advisory Group LLC boosted its position in eBay by 84.1% during the first quarter. Wilkerson Advisory Group LLC now owns 453 shares of the e-commerce company’s stock worth $41,000 after purchasing an additional 207 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in eBay during the first quarter valued at approximately $26,000. Finally, Convergence Investment Partners LLC acquired a new position in eBay during the first quarter valued at approximately $1,539,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Price Performance

Shares of eBay stock opened at $109.39 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market cap of $48.57 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 2.40 and a beta of 1.37. The firm has a fifty day moving average price of $111.52 and a two-hundred day moving average price of $100.20. eBay Inc. has a fifty-two week low of $77.12 and a fifty-two week high of $119.31.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter in the previous year, the firm posted $1.38 EPS. The business’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts expect that eBay Inc. will post 4.89 EPS for the current year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s dividend payout ratio (DPR) is 28.12%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EBAY. Truist Financial boosted their price objective on shares of eBay from $94.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Susquehanna raised their target price on shares of eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Bank of America lifted their target price on shares of eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. President Capital boosted their target price on shares of eBay from $102.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Finally, UBS Group upped their price target on shares of eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $110.52.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $113.33, for a total value of $1,259,096.30. Following the sale, the chief executive officer owned 275,431 shares of the company’s stock, valued at $31,214,595.23. The trade was a 3.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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 the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the sale, the senior vice president directly owned 34,533 shares in the company, valued at approximately $3,769,967.61. The trade was a 2.44% 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 76,012 shares of company stock worth $8,747,852 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.

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.