RHS Financial LLC Purchases New Shares in eBay Inc. $EBAY

RHS Financial LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, HoldingsChannel reports. The firm acquired 5,791 shares of the e-commerce company’s stock, valued at approximately $647,000.

A number of other hedge funds have also recently bought and sold shares of EBAY. Guggenheim Capital LLC grew its stake in shares of eBay by 7.4% in the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after acquiring an additional 988 shares in the last quarter. Jump Financial LLC bought a new position in shares of eBay during the second quarter valued at about $275,000. NewEdge Advisors LLC boosted its holdings in eBay by 70.4% during the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. grew its position in eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after purchasing an additional 154,465 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its position in eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after purchasing an additional 67,731 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EBAY has been the topic of several recent analyst reports. Truist Financial lifted their target price on shares of eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Jefferies Financial Group set a $145.00 target price on eBay in a report on Thursday, August 6th. Mizuho set a $110.00 price target on eBay in a research report on Thursday, August 6th. Weiss Ratings raised eBay from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, August 11th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $115.00 price objective on shares of eBay in a research note on Monday, August 3rd. Fourteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $117.09.

Insider Activity

In related news, SVP Mazen Rawashdeh sold 50,000 shares of eBay 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 sale, the senior vice president owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 business’s stock in a transaction dated Thursday, June 4th. The shares were 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 owned 280,204 shares in the company, valued at $30,707,556.36. This represents a 3.81% 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. Insiders have sold 86,112 shares of company stock valued at $9,837,076 in the last 90 days. Insiders own 0.67% of the company’s stock.

eBay Stock Up 1.3%

eBay stock opened at $102.27 on Wednesday. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31. The firm has a 50 day moving average price of $110.39 and a 200-day moving average price of $102.15. The company has a market capitalization of $45.51 billion, a P/E ratio of 21.17, a P/E/G 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.

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 the consensus estimate of $1.50 by $0.10. The company had revenue of $3.13 billion during 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%. eBay’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts predict that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be paid a $0.31 dividend. The ex-dividend date is Friday, August 28th. This represents a $1.24 annualized dividend and a dividend yield of 1.2%. eBay’s 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.