Northwestern Mutual Wealth Management Co. Raises Stake in eBay Inc. $EBAY

Northwestern Mutual Wealth Management Co. increased its holdings in eBay Inc. (NASDAQ:EBAY) by 23.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,763 shares of the e-commerce company’s stock after buying an additional 9,153 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in eBay were worth $5,449,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Spire Wealth Management increased its stake in shares of eBay by 29.7% in the second quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock worth $55,000 after acquiring an additional 112 shares during the period. B. Riley Wealth Advisors Inc. lifted its position in eBay by 4.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock valued at $312,000 after purchasing an additional 125 shares during the period. Capital Asset Advisory Services LLC lifted its position in eBay by 3.3% during the first quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock valued at $367,000 after purchasing an additional 129 shares during the period. Harfst & Associates Inc. boosted its holdings in eBay by 0.6% in the fourth quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares during the last quarter. Finally, Commerce Bank boosted its holdings in eBay by 0.5% in the fourth quarter. Commerce Bank now owns 28,313 shares of the e-commerce company’s stock valued at $2,466,000 after purchasing an additional 132 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at eBay

In related news, SVP Mazen Rawashdeh sold 1,919 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. The trade was a 5.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction 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. In the last quarter, insiders have sold 26,016 shares of company stock valued at $2,870,341. 0.67% of the stock is owned by company insiders.

eBay Price Performance

NASDAQ:EBAY opened at $105.86 on Friday. 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. The stock’s 50-day moving average price is $109.56 and its 200-day moving average price is $103.61. The stock has a market capitalization of $47.11 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 2.83 and a beta of 1.34.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (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 the consensus estimate of $3.01 billion. During the same quarter in the prior year, the business posted $1.37 earnings per share. eBay’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts expect that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently announced 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. 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 dividend payout ratio (DPR) is 25.67%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Barclays lifted their price objective on eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. UBS Group raised their target price on eBay from $107.00 to $120.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Robert W. Baird set a $126.00 price target on eBay in a research report on Thursday, August 6th. Daiwa Securities Group boosted their price target on eBay from $90.00 to $114.00 in a report on Monday, May 11th. Finally, BMO Capital Markets set a $145.00 price objective on eBay in a research report on Thursday, August 6th. One equities research 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’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $117.24.

eBay Company 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.