eBay Inc. $EBAY Shares Bought by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 13.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,023 shares of the e-commerce company’s stock after buying an additional 8,676 shares during the period. NEOS Investment Management LLC’s holdings in eBay were worth $8,160,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in eBay during the 2nd quarter valued at $4,406,897,000. Legal & General Group Plc bought a new position in shares of eBay in the second quarter worth $506,653,000. Bank of America Corp DE acquired a new position in shares of eBay during the second quarter valued at $405,182,000. Bank of New York Mellon Corp acquired a new position in shares of eBay during the second quarter valued at $282,479,000. Finally, Nykredit A S bought a new stake in shares of eBay during the second quarter valued at about $256,983,000. 87.48% of the stock is owned by institutional investors.

eBay Price Performance

Shares of NASDAQ EBAY opened at $103.41 on Friday. eBay Inc. has a twelve month low of $78.03 and a twelve month high of $119.31. 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 50-day moving average of $109.47 and a two-hundred day moving average of $103.61. The company has a market capitalization of $46.02 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.75 and a beta of 1.34.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data 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. eBay had a net margin of 18.50% and a return on equity of 47.88%. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the previous year, the company posted $1.37 EPS. The business’s revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, analysts expect that eBay Inc. will post 4.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders 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 annualized dividend and a yield of 1.2%. eBay’s payout ratio is 25.67%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $115.00 target price on shares of eBay in a research report on Monday, August 3rd. BMO Capital Markets set a $145.00 price target on shares of eBay in a research report on Thursday, August 6th. Wedbush raised their price objective on shares of eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a research note on Thursday, August 20th. Robert W. Baird set a $126.00 target price on eBay in a report on Thursday, August 6th. Finally, Argus raised eBay from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, eBay presently has an average rating of “Hold” and a consensus price target of $117.24.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of the 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the firm’s stock in a transaction on 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 directly owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This represents a 2.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 26,016 shares of company stock valued at $2,870,341. Corporate insiders own 0.67% of the company’s stock.

eBay Company 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.