Diversified Trust Co. Has $9.96 Million Holdings in eBay Inc. $EBAY

Diversified Trust Co. cut its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 6.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,129 shares of the e-commerce company’s stock after selling 6,486 shares during the quarter. Diversified Trust Co.’s holdings in eBay were worth $9,960,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allworth Financial LP raised its stake in eBay by 62.6% in the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after purchasing an additional 8,899 shares in the last quarter. North Dakota State Investment Board acquired a new stake in eBay during the fourth quarter worth about $1,809,000. Eurizon Capital SGR S.p.A. bought a new position in eBay in the 4th quarter valued at about $9,368,000. Jefferies Financial Group Inc. acquired a new position in shares of eBay in the 4th quarter valued at approximately $1,209,000. Finally, KBC Group NV raised its position in shares of eBay by 14.4% in the 4th quarter. KBC Group NV now owns 722,802 shares of the e-commerce company’s stock valued at $62,956,000 after buying an additional 90,724 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Performance

NASDAQ EBAY opened at $104.58 on Friday. The firm’s fifty day moving average price is $110.79 and its two-hundred day moving average price is $101.99. The stock has a market cap of $46.54 billion, a PE ratio of 21.65, a PEG ratio of 2.48 and a beta of 1.37. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31.

eBay (NASDAQ:EBAYGet Free Report) 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. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities analysts expect that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s payout ratio is presently 25.67%.

Insiders Place Their Bets

In other news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the sale, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. This represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of eBay 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 transaction, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at $27,486,054.05. This represents a 4.20% 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 have sold 87,122 shares of company stock valued at $9,953,842 in the last ninety days. 0.67% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

EBAY has been the topic of several analyst reports. Arete Research reduced their price target on shares of eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Wedbush restated an “outperform” rating and set a $135.00 target price on shares of eBay in a research note on Thursday, August 6th. Rothschild & Co Redburn raised their target price on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Mizuho set a $110.00 price target on eBay in a research note on Thursday, August 6th. Finally, Truist Financial boosted their price target on eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Fourteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, eBay presently has a consensus rating of “Hold” and a consensus price target of $117.09.

Read Our Latest Research Report on EBAY

eBay Profile

(Free Report)

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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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