Roberts Glore & Co. Inc. IL Buys New Shares in eBay Inc. $EBAY

Roberts Glore & Co. Inc. IL purchased a new position in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,441 shares of the e-commerce company’s stock, valued at approximately $832,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of eBay in the second quarter worth approximately $4,406,897,000. Legal & General Group Plc acquired a new position in eBay during the second quarter worth $506,653,000. Bank of New York Mellon Corp acquired a new position in shares of eBay during the 2nd quarter valued at about $282,479,000. Altshuler Shaham Ltd raised its position in shares of eBay by 4,452,655.3% in the fourth quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock valued at $182,282,000 after purchasing an additional 2,092,748 shares during the period. Finally, Deutsche Bank AG bought a new position in eBay in the 2nd quarter worth $222,680,000. 87.48% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the transaction, the senior vice president owned 35,546 shares of the company’s stock, valued at $3,604,008.94. This represents a 2.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,126 shares of company stock worth $4,087,886 over the last three months. Company insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

EBAY has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $127.00 price target on shares of eBay in a research report on Thursday, August 6th. BNP Paribas Exane boosted their price target on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. President Capital boosted their price target on eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on eBay in a research report on Monday, May 4th. Finally, Citigroup boosted their price objective on eBay from $127.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $117.24.

eBay Price Performance

Shares of eBay stock opened at $106.00 on Wednesday. The firm has a market cap of $47.17 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The firm’s 50-day simple moving average is $110.01 and its 200-day simple moving average is $102.62. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.10. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, research analysts expect that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

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. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 annualized dividend and a yield of 1.2%. eBay’s payout ratio 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.