TD Waterhouse Canada Inc. Sells 55,075 Shares of eBay Inc. $EBAY

TD Waterhouse Canada Inc. lessened its position in shares of eBay Inc. (NASDAQ:EBAY) by 29.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 128,869 shares of the e-commerce company’s stock after selling 55,075 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in eBay were worth $14,346,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in EBAY. Cedar Mountain Advisors LLC boosted its position in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares during the last quarter. Abound Financial LLC purchased a new position in shares of eBay in the fourth quarter valued at $26,000. Cassaday & Co Wealth Management LLC bought a new stake in eBay in the first quarter worth $26,000. Jessup Wealth Management Inc bought a new stake in eBay in the fourth quarter worth $27,000. Finally, Compass Financial Management LLC purchased a new stake in eBay during the second quarter valued at $28,000. Institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on EBAY shares. UBS Group increased their price objective on shares of eBay from $107.00 to $120.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Barclays increased their price target on shares of eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. President Capital lifted their price target on eBay from $102.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Rothschild & Co Redburn boosted their price objective on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings downgraded eBay from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $117.24.

Insider Activity at eBay

In related news, SVP Jordan Sweetnam sold 1,014 shares of eBay stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the sale, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. This trade represents a 2.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the business’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 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 26,016 shares of company stock worth $2,870,341 in the last 90 days. 0.67% of the stock is owned by corporate insiders.

eBay Price Performance

EBAY opened at $103.41 on Friday. The business has a fifty day moving average of $109.47 and a 200 day moving average of $103.61. The stock has a market cap of $46.02 billion, a P/E ratio of 21.41, a PEG ratio of 2.81 and a beta of 1.34. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a 52-week low of $78.03 and a 52-week high of $119.31.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share 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 business 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 business’s 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. As a group, sell-side analysts anticipate that eBay Inc. will post 4.86 EPS for the current year.

eBay Announces Dividend

The business also recently declared 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. 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 dividend payout ratio (DPR) is currently 25.67%.

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.