Corient Private Wealth LP Purchases New Stake in eBay Inc. $EBAY

Corient Private Wealth LP acquired a new position in eBay Inc. (NASDAQ:EBAY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 315,982 shares of the e-commerce company’s stock, valued at approximately $35,310,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EBAY. Spire Wealth Management lifted its position in eBay by 29.7% during the 2nd quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock valued at $55,000 after purchasing an additional 112 shares during the period. B. Riley Wealth Advisors Inc. grew its position in shares of eBay by 4.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock worth $312,000 after buying an additional 125 shares during the period. Capital Asset Advisory Services LLC raised its stake in shares of eBay by 3.3% during the first quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock worth $367,000 after buying an additional 129 shares during the last quarter. Harfst & Associates Inc. raised its stake in shares of eBay by 0.6% during the fourth quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock worth $1,956,000 after buying an additional 131 shares during the last quarter. Finally, Commerce Bank lifted its holdings in eBay by 0.5% in the fourth quarter. Commerce Bank now owns 28,313 shares of the e-commerce company’s stock valued at $2,466,000 after buying an additional 132 shares during the period. 87.48% of the stock is owned by institutional investors.

eBay Stock Down 1.9%

Shares of NASDAQ:EBAY opened at $102.27 on Friday. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. 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 company has a market capitalization of $45.51 billion, a PE ratio of 21.17, a PEG ratio of 2.52 and a beta of 1.37. The company has a 50 day moving average price of $109.82 and a two-hundred day moving average price of $102.85.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm’s quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Analysts forecast that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

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

Wall Street Analyst Weigh In

EBAY has been the topic of a number of recent research reports. Wedbush lifted their target price on shares of eBay from $135.00 to $137.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Piper Sandler reissued an “overweight” rating and issued a $133.00 price target (up from $115.00) on shares of eBay in a research note on Thursday, August 6th. BMO Capital Markets set a $145.00 price target on eBay in a research report on Thursday, August 6th. Evercore set a $96.00 price objective on eBay in a research note on Thursday, April 30th. Finally, Susquehanna reiterated a “neutral” rating on shares of eBay in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $117.24.

Insider Activity

In other eBay news, SVP Mazen Rawashdeh sold 1,919 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total value of $1,205,990.50. Following the completion of the transaction, the chief executive officer owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. This represents a 4.20% 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. Insiders sold 37,126 shares of company stock worth $4,087,886 over the last quarter. 0.67% of the stock is currently owned by company insiders.

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.