7,326 Shares in eBay Inc. $EBAY Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. acquired a new position in eBay Inc. (NASDAQ:EBAY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,326 shares of the e-commerce company’s stock, valued at approximately $819,000.

Several other large investors have also recently made changes to their positions in EBAY. BlackRock Inc. bought a new position in eBay during the 2nd quarter valued at approximately $4,406,897,000. Legal & General Group Plc purchased a new stake in shares of eBay in the second quarter worth $506,653,000. Bank of America Corp DE bought a new position in shares of eBay during the second quarter valued at $405,182,000. Bank of New York Mellon Corp purchased a new position in shares of eBay in the 2nd quarter worth about $282,479,000. Finally, Altshuler Shaham Ltd raised its position in shares of eBay by 4,452,655.3% in the 4th quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock worth $182,282,000 after purchasing an additional 2,092,748 shares during the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of analyst reports. Benchmark upped their price target on shares of eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley restated an “overweight” rating and set a $127.00 price objective on shares of eBay in a research note on Thursday, August 6th. Weiss Ratings cut shares of eBay from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday. President Capital upped their target price on shares of eBay from $102.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Finally, Argus upgraded shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, eBay presently has an average rating of “Hold” and a consensus target price of $117.24.

Insider Buying and Selling

In related news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the completion of the sale, the chief executive officer owned 253,211 shares in the company, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 stock in a transaction dated 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 transaction, the senior vice president directly owned 35,546 shares in the company, valued at approximately $3,604,008.94. This represents 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. Insiders sold 37,126 shares of company stock valued at $4,087,886 over the last 90 days. Company insiders own 0.67% of the company’s stock.

eBay Price Performance

EBAY opened at $105.62 on Friday. The company’s 50-day simple moving average is $109.77 and its two-hundred day simple moving average is $102.87. 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 stock has a market capitalization of $47.00 billion, a P/E ratio of 21.87, a P/E/G ratio of 2.48 and a beta of 1.37. eBay Inc. has a 52-week low of $78.03 and a 52-week 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 for the quarter, beating the consensus estimate 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 period in the previous year, the company earned $1.37 earnings per share. 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, analysts predict that eBay Inc. will post 4.86 EPS for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio (DPR) is 25.67%.

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.