SteelPeak Wealth LLC Boosts Holdings in eBay Inc. $EBAY

SteelPeak Wealth LLC boosted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 27.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 40,971 shares of the e-commerce company’s stock after purchasing an additional 8,764 shares during the period. SteelPeak Wealth LLC’s holdings in eBay were worth $3,729,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Cedar Mountain Advisors LLC boosted its stake in shares of eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares during the last quarter. Abound Financial LLC purchased a new position in eBay during the fourth quarter valued at approximately $26,000. High Point Wealth Management LLC purchased a new position in eBay during the fourth quarter valued at approximately $26,000. Jessup Wealth Management Inc acquired a new position in eBay in the fourth quarter valued at approximately $27,000. Finally, JPL Wealth Management LLC acquired a new position in eBay in the third quarter valued at approximately $28,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Price Performance

eBay stock opened at $110.91 on Friday. The company’s fifty day moving average price is $111.51 and its 200 day moving average price is $99.26. eBay Inc. has a 1 year low of $75.78 and a 1 year high of $119.31. The stock has a market capitalization of $49.24 billion, a P/E ratio of 25.15, a P/E/G ratio of 2.49 and a beta of 1.37. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The firm’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

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

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the completion of the sale, the chief executive officer directly owned 275,431 shares in the company, valued at approximately $31,214,595.23. The trade was a 3.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the transaction, the senior vice president directly owned 29,217 shares of the company’s stock, valued at $3,419,557.68. The trade was a 63.12% 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 sold a total of 76,012 shares of company stock worth $8,747,852 in the last 90 days. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EBAY shares. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a research note on Monday, May 4th. UBS Group boosted their target price on shares of eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Stifel Nicolaus set a $98.00 price target on shares of eBay in a report on Thursday, April 30th. JPMorgan Chase & Co. raised their price target on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their price objective on shares of eBay from $104.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, eBay has a consensus rating of “Hold” and an average price target of $110.52.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: UK regulators cleared eBay’s planned $1.2 billion acquisition of Depop, removing a key hurdle and making the deal more likely to close. UK watchdog clears eBay’s planned acquisition of Depop from Etsy
• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $135 price target, signaling confidence in upside from current levels.
• Positive Sentiment: Jefferies issued a positive forecast for eBay’s stock, adding to the bullish analyst tone. Jefferies Financial Group Issues Positive Forecast for eBay (NASDAQ:EBAY) Stock Price

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.