eBay Inc. $EBAY Stock Position Raised by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its position in eBay Inc. (NASDAQ:EBAY) by 13.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 73,023 shares of the e-commerce company’s stock after acquiring an additional 8,676 shares during the quarter. NEOS Investment Management LLC’s holdings in eBay were worth $8,160,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of eBay in the second quarter worth $4,406,897,000. Invesco Ltd. raised its position in eBay by 8.3% during the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after buying an additional 692,805 shares during the period. Independent Franchise Partners LLP lifted its stake in eBay by 5.2% in the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock worth $674,866,000 after acquiring an additional 384,570 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in eBay by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock worth $446,042,000 after acquiring an additional 80,450 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in eBay during the 2nd quarter worth about $506,653,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Buying and Selling

In other eBay news, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were 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 directly owned 253,211 shares in the company, valued at approximately $27,486,054.05. This represents a 4.20% 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 have sold 26,016 shares of company stock worth $2,870,341 in the last quarter. 0.67% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on EBAY shares. Mizuho set a $110.00 target price on eBay in a research note on Thursday, August 6th. Citizens Jmp cut shares of eBay from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Barclays raised their price target on shares of eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Rosenblatt Securities began coverage on shares of eBay in a research note on Thursday, August 20th. They issued a “buy” rating and a $120.00 price objective on the stock. Finally, Arete Research cut their target price on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $117.24.

eBay Stock Down 2.3%

EBAY opened at $103.41 on Friday. The firm has a market cap of $46.02 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 2.75 and a beta of 1.34. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The business has a 50 day moving average price of $109.47 and a 200 day moving average price of $103.61. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.01 billion. During the same quarter last year, the firm posted $1.37 earnings per share. The company’s quarterly 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. Research analysts forecast that eBay Inc. will post 4.86 EPS for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a $0.31 dividend. The ex-dividend date 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 (DPR) is presently 25.67%.

eBay Company 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.