eBay Inc. $EBAY Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in eBay Inc. (NASDAQ:EBAY) by 6.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,068 shares of the e-commerce company’s stock after selling 7,222 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in eBay were worth $10,959,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP lifted its position in shares of eBay by 62.6% in the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after purchasing an additional 8,899 shares in the last quarter. North Dakota State Investment Board bought a new position in eBay in the fourth quarter valued at approximately $1,809,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay in the 4th quarter valued at approximately $9,368,000. Jefferies Financial Group Inc. acquired a new position in eBay during the fourth quarter worth $1,209,000. Finally, KBC Group NV raised its position in eBay by 14.4% during the fourth quarter. KBC Group NV now owns 722,802 shares of the e-commerce company’s stock worth $62,956,000 after acquiring an additional 90,724 shares in the last quarter. 87.48% of the stock is owned by institutional investors.

Insider Transactions at eBay

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 253,211 shares of the company’s stock, valued at $27,486,054.05. The trade was a 4.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at $3,419,557.68. The trade was a 63.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 87,122 shares of company stock valued at $9,953,842. 0.67% of the stock is owned by corporate insiders.

eBay Stock Up 2.2%

eBay stock opened at $104.58 on Friday. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week 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. The firm’s 50-day simple moving average is $110.79 and its 200 day simple moving average is $101.99. The stock has a market cap of $46.54 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.50 by $0.10. The business had revenue of $3.13 billion for 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 revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts predict that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio (DPR) is 25.67%.

Analysts Set New Price Targets

EBAY has been the topic of a number of research analyst reports. TD Cowen upped their target price on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a report on Friday, May 1st. Morgan Stanley reissued an “overweight” rating and set a $127.00 price target on shares of eBay in a report on Thursday, August 6th. Susquehanna reissued a “neutral” rating on shares of eBay in a report on Friday, August 7th. Barclays increased their price objective on shares of eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Finally, Stifel Nicolaus set a $98.00 price objective on eBay in a research note on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $117.09.

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.