Keebeck Wealth Management Invests $542,000 in eBay Inc. $EBAY

Keebeck Wealth Management purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,853 shares of the e-commerce company’s stock, valued at approximately $542,000.

Other large investors have also bought and sold shares of the company. Cedar Mountain Advisors LLC boosted its stake in eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares during the last quarter. High Point Wealth Management LLC acquired a new stake in eBay during the 4th quarter worth $26,000. Abound Financial LLC bought a new stake in shares of eBay during the 4th quarter valued at $26,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of eBay during the 1st quarter valued at $26,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of eBay during the 4th quarter valued at $27,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on EBAY. BNP Paribas Exane raised their price target on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Robert W. Baird set a $126.00 price objective on eBay in a report on Thursday, August 6th. Rothschild & Co Redburn increased their target price on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Truist Financial raised their target price on eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Finally, Mizuho set a $110.00 target price on eBay in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $117.24.

Insider Buying and Selling at eBay

In other news, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the transaction, the senior vice president owned 32,124 shares in the company, valued at $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 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 sale, 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. Over the last quarter, insiders have sold 37,126 shares of company stock valued at $4,087,886. 0.67% of the stock is currently owned by corporate insiders.

eBay Trading Down 0.5%

NASDAQ EBAY opened at $104.13 on Friday. The firm has a market cap of $46.34 billion, a P/E ratio of 21.56, a P/E/G ratio of 2.53 and a beta of 1.37. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. The stock’s 50-day moving average is $110.12 and its 200-day moving average is $102.31. eBay Inc. has a one year low of $78.03 and a one year high of $119.31.

eBay (NASDAQ:EBAY) 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. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business 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 business posted $1.37 EPS. eBay’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Sell-side analysts anticipate that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Announces Dividend

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

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.