eBay (NASDAQ:EBAY) Now Covered by Erste Group Bank

Research analysts at Erste Group Bank assumed coverage on shares of eBay (NASDAQ:EBAY) in a report released on Wednesday, Briefing.com reports. The brokerage set a “buy” rating on the e-commerce company’s stock.

Other research analysts have also recently issued reports about the company. Piper Sandler restated an “overweight” rating and set a $133.00 target price (up from $115.00) on shares of eBay in a report on Thursday, August 6th. Citizens Jmp lowered eBay from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. Wells Fargo & Company cut their price target on eBay from $92.00 to $91.00 and set an “underweight” rating for the company in a report on Monday, October 12th. Jefferies Financial Group reduced their price objective on eBay from $80.00 to $75.00 and set an “underperform” rating on the stock in a research report on Monday, September 21st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $115.00 price objective on shares of eBay in a research report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $115.84.

eBay Price Performance

eBay stock opened at $121.19 on Wednesday. eBay has a 52-week low of $78.03 and a 52-week high of $124.59. The firm has a market capitalization of $53.93 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 3.18 and a beta of 1.33. The company has a fifty day simple moving average of $108.03 and a 200-day simple moving average of $108.49. 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 posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.10. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period last year, the firm posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities analysts anticipate that eBay will post 4.89 EPS for the current fiscal year.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $107.08, for a total value of $1,189,658.80. Following the transaction, the chief executive officer owned 226,269 shares of the company’s stock, valued at $24,228,884.52. This represents a 4.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 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 transaction, the senior vice president 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. In the last three months, insiders have sold 34,344 shares of company stock valued at $3,635,567. 0.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of eBay during the second quarter worth approximately $4,406,897,000. Legal & General Group Plc acquired a new position in shares of eBay in the 2nd quarter valued at $506,653,000. Amundi raised its position in eBay by 26.4% in the 2nd quarter. Amundi now owns 4,014,323 shares of the e-commerce company’s stock valued at $448,601,000 after purchasing an additional 838,057 shares during the last quarter. Dimensional Fund Advisors LP raised its position in eBay by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after purchasing an additional 80,450 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in eBay in the 2nd quarter valued at $405,182,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Company Profile

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.