25,505 Shares in eBay Inc. $EBAY Purchased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI bought a new stake in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,505 shares of the e-commerce company’s stock, valued at approximately $2,850,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cedar Mountain Advisors LLC raised its position in eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in shares of eBay in the 1st quarter valued at $26,000. Abound Financial LLC purchased a new stake in shares of eBay in the 4th quarter valued at $26,000. High Point Wealth Management LLC acquired a new stake in shares of eBay in the fourth quarter worth $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of eBay in the fourth quarter worth $27,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the completion of the sale, the chief executive officer directly owned 280,204 shares in the company, valued at $30,707,556.36. The trade was a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the transaction, the senior vice president directly owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. The trade was a 63.12% 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. In the last 90 days, insiders sold 86,112 shares of company stock valued at $9,837,076. 0.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

EBAY has been the topic of several recent research reports. Rothschild & Co Redburn upped their price target on shares of eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. President Capital lifted their price objective on eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Barclays boosted their price objective on eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Weiss Ratings upgraded eBay from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, August 11th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $115.00 target price on shares of eBay in a report on Monday, August 3rd. Fourteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $117.09.

eBay Stock Down 2.1%

EBAY stock opened at $100.94 on Tuesday. eBay Inc. has a one year low of $78.03 and a one year 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 fifty day moving average is $110.51 and its 200 day moving average is $102.10. The firm has a market cap of $44.92 billion, a PE ratio of 20.90, a P/E/G ratio of 2.49 and a beta of 1.37.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data 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 net margin of 18.50% and a return on equity of 47.88%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the firm posted $1.37 earnings per share. The company’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. On average, research analysts forecast that eBay Inc. will post 4.87 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. eBay’s dividend payout ratio is presently 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.