United Capital Financial Advisors LLC Acquires New Holdings in eBay Inc. $EBAY

United Capital Financial Advisors LLC bought a new stake in eBay Inc. (NASDAQ:EBAYFree Report) during the second quarter, Holdings Channel.com reports. The firm bought 18,944 shares of the e-commerce company’s stock, valued at approximately $2,117,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of eBay in the 2nd quarter valued at $4,406,897,000. Legal & General Group Plc bought a new stake in eBay during the 2nd quarter worth $506,653,000. Bank of America Corp DE acquired a new position in eBay in the 2nd quarter worth about $405,182,000. Bank of New York Mellon Corp bought a new position in eBay in the second quarter valued at about $282,479,000. Finally, Altshuler Shaham Ltd raised its position in 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 last quarter. Institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

EBAY has been the topic of several research reports. Barclays boosted their price target on eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. TD Cowen raised their price objective on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a report on Friday, May 1st. BNP Paribas Exane lifted their target price on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Sanford C. Bernstein reissued a “market perform” rating and set a $115.00 target price on shares of eBay in a report on Monday, August 3rd. Finally, Cantor Fitzgerald decreased their price target on shares of eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, eBay currently has an average rating of “Hold” and an average price target of $117.24.

View Our Latest Report on EBAY

eBay Trading Up 3.3%

Shares of EBAY stock opened at $105.62 on Friday. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a market cap of $47.00 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 2.48 and a beta of 1.37. The stock has a 50-day moving average of $109.77 and a 200-day moving average of $102.87.

eBay (NASDAQ:EBAYGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 EPS 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 company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the previous year, the firm earned $1.37 earnings per share. The firm’s quarterly revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities research analysts forecast that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

The company 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 $0.31 dividend. The ex-dividend date is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. eBay’s payout ratio is 25.67%.

Insider Activity

In related news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction 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 transaction, the chief executive officer owned 253,211 shares in the company, valued at $27,486,054.05. The trade was a 4.20% decrease in their ownership of the stock. 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 1,919 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction 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 trade represents a 5.64% 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. In the last three months, insiders have sold 37,126 shares of company stock valued at $4,087,886. 0.67% of the stock is currently owned by insiders.

About eBay

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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