OneDigital Investment Advisors LLC Acquires Shares of 5,693 eBay Inc. $EBAY

OneDigital Investment Advisors LLC acquired a new position in eBay Inc. (NASDAQ:EBAY) in the 2nd quarter, Holdings Channel reports. The firm acquired 5,693 shares of the e-commerce company’s stock, valued at approximately $636,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Allworth Financial LP lifted its stake in shares of eBay by 62.6% in the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after purchasing an additional 8,899 shares during the period. North Dakota State Investment Board bought a new position in eBay in the fourth quarter worth $1,809,000. Eurizon Capital SGR S.p.A. purchased a new position in eBay during the fourth quarter valued at $9,368,000. Jefferies Financial Group Inc. bought a new stake in shares of eBay during the 4th quarter valued at $1,209,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in shares of eBay by 904.3% in the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 283,215 shares of the e-commerce company’s stock worth $24,668,000 after buying an additional 255,015 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Price Performance

Shares of EBAY opened at $102.27 on Wednesday. The company has a market capitalization of $45.51 billion, a P/E ratio of 21.17, a price-to-earnings-growth ratio of 2.49 and a beta of 1.37. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The firm has a 50 day moving average of $110.39 and a 200 day moving average of $102.15. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the prior year, the firm posted $1.37 EPS. 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. As a group, equities research analysts anticipate that eBay Inc. will post 4.87 earnings per share 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 issued 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 of this dividend is Friday, August 28th. eBay’s dividend payout ratio is presently 25.67%.

Insider Activity

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the senior vice president 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 position. The sale was disclosed in a 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, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the transaction, the chief executive officer owned 280,204 shares in the company, valued at $30,707,556.36. This represents a 3.81% 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. Insiders have sold a total of 86,112 shares of company stock valued at $9,837,076 over the last ninety days. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on EBAY. Evercore set a $96.00 price target on shares of eBay in a research report on Thursday, April 30th. BNP Paribas Exane boosted their price target on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Citigroup raised 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. Rothschild & Co Redburn boosted their target price on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, Mizuho set a $110.00 target price on eBay in a research note on Thursday, August 6th. Fourteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus 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.