Sanctuary Advisors LLC Buys New Position in eBay Inc. $EBAY

Sanctuary Advisors LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 43,581 shares of the e-commerce company’s stock, valued at approximately $4,870,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cedar Mountain Advisors LLC lifted its stake in shares of 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 purchasing an additional 156 shares during the period. High Point Wealth Management LLC acquired a new stake in shares of eBay during the fourth quarter worth $26,000. Abound Financial LLC purchased a new stake in shares of eBay in the fourth quarter valued at $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of eBay in the first quarter valued at $26,000. Finally, Jessup Wealth Management Inc acquired a new position in eBay in the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Benchmark increased their target price on eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Rosenblatt Securities began coverage on eBay in a report on Thursday, August 20th. They issued a “buy” rating and a $120.00 price target for the company. Citizens Jmp downgraded shares of eBay from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 4th. Susquehanna reiterated a “neutral” rating on shares of eBay in a report on Friday, August 7th. Finally, Stifel Nicolaus set a $98.00 target price on shares of eBay in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.24.

eBay Trading Up 2.8%

NASDAQ:EBAY opened at $107.08 on Tuesday. The business’s 50-day moving average is $110.08 and its two-hundred day moving average is $102.48. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The firm has a market capitalization of $47.65 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 2.51 and a beta of 1.37.

eBay (NASDAQ:EBAY) last released its quarterly earnings results 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. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts predict that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Announces Dividend

The business 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 $0.31 dividend. The ex-dividend date of this dividend 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%.

Insider Transactions at eBay

In related news, SVP Mazen Rawashdeh sold 1,919 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was 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 directly owned 32,124 shares of the company’s stock, valued at $3,485,775.24. The trade was a 5.64% decrease in their ownership of the stock. The sale 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 Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the sale, the senior vice president owned 35,546 shares of the company’s stock, valued at $3,604,008.94. This trade represents a 2.77% 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 37,126 shares of company stock valued at $4,087,886. Insiders own 0.67% of the company’s stock.

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.