Westwind Capital Acquires 11,869 Shares of eBay Inc. $EBAY

Westwind Capital lifted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 1,189.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 12,867 shares of the e-commerce company’s stock after buying an additional 11,869 shares during the period. Westwind Capital’s holdings in eBay were worth $1,438,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Altshuler Shaham Ltd increased its position in 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 valued at $182,282,000 after buying an additional 2,092,748 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in eBay by 214.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock worth $161,865,000 after buying an additional 1,267,601 shares during the period. Pacer Advisors Inc. boosted its holdings in eBay by 3,248.7% in the fourth quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock worth $109,483,000 after acquiring an additional 1,219,439 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in eBay by 47.5% in the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after acquiring an additional 1,167,019 shares in the last quarter. Finally, Norges Bank acquired a new stake in eBay in the fourth quarter valued at approximately $98,728,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $102.31 on Thursday. The company’s 50-day moving average is $110.88 and its 200 day moving average is $101.92. 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 $45.53 billion, a P/E ratio of 21.18, a price-to-earnings-growth ratio of 2.55 and a beta of 1.37. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31.

eBay (NASDAQ:EBAY) last announced 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 business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities research analysts forecast that eBay Inc. will post 4.89 earnings per share for the current year.

eBay Dividend Announcement

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 issued 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 of this dividend is Friday, August 28th. eBay’s dividend payout ratio is presently 25.67%.

Insider Transactions at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the sale, the senior vice president owned 34,533 shares of the company’s stock, valued at $3,769,967.61. This trade represents a 2.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 that occurred on Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the sale, the chief executive officer owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. The trade was 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. Over the last ninety days, insiders have sold 87,122 shares of company stock valued at $9,953,842. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on EBAY shares. TD Cowen boosted their price objective on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a report on Friday, May 1st. Robert W. Baird set a $126.00 price target on shares of eBay in a research report on Thursday, August 6th. UBS Group boosted their price target on shares of eBay from $107.00 to $120.00 and gave the company a “neutral” rating in a research note on Tuesday. Barclays upped their target price on shares of eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, Mizuho set a $110.00 price target on eBay in a research note on Thursday, August 6th. Fourteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $117.00.

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.