Osmosis Investment Management UK Ltd Invests $5.28 Million in eBay Inc. $EBAY

Osmosis Investment Management UK Ltd bought a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 47,273 shares of the e-commerce company’s stock, valued at approximately $5,283,000.

A number of other hedge funds have also made changes to their positions in EBAY. Sanctuary Advisors LLC bought a new position in shares of eBay during the 2nd quarter valued at about $4,870,000. Meiji Yasuda Asset Management Co Ltd. purchased a new position in shares of eBay during the 2nd quarter valued at $261,000. Bank of Nova Scotia bought a new position in eBay during the second quarter valued at approximately $5,306,000. Compass Financial Management LLC bought a new stake in eBay in the second quarter worth $28,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in eBay during the second quarter worth $390,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Buying and Selling

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 sale, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. The trade was a 4.20% decrease in their position. The transaction 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, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the sale, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. 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 quarter, insiders have sold 37,126 shares of company stock valued at $4,087,886. 0.67% of the stock is owned by company insiders.

eBay Stock Performance

NASDAQ:EBAY opened at $104.13 on Monday. 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 firm has a market capitalization of $46.34 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 2.51 and a beta of 1.37. The business’s 50-day moving average price is $110.12 and its two-hundred day moving average price is $102.37. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the previous year, the company earned $1.37 earnings per share. The business’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. On average, equities analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors 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 dividend payout ratio is currently 25.67%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EBAY. Truist Financial raised their target price on shares of eBay from $105.00 to $115.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. Wedbush increased their price target on shares of eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a report on Thursday. President Capital lifted their price objective on eBay from $102.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Barclays boosted their price target on shares of eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Finally, Robert W. Baird set a $126.00 price objective on shares of eBay in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned 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 has an average rating of “Hold” and a consensus target price of $117.24.

About eBay

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.