Commerce Bank Makes New $3.54 Million Investment in eBay Inc. $EBAY

Commerce Bank purchased a new stake in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, Holdings Channel reports. The fund purchased 31,687 shares of the e-commerce company’s stock, valued at approximately $3,541,000.

Several other large investors have also modified their holdings of the business. Cedar Mountain Advisors LLC lifted its stake in eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 156 shares in the last quarter. High Point Wealth Management LLC purchased a new position in eBay during the fourth quarter worth $26,000. Abound Financial LLC purchased a new position in eBay during the fourth quarter worth $26,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of eBay in the first quarter worth $26,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of eBay in the fourth quarter worth $27,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on EBAY. Rothschild & Co Redburn increased their price objective on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Stifel Nicolaus set a $98.00 target price on shares of eBay in a research note on Thursday, April 30th. Wedbush boosted their target price on shares of eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a research note on Thursday. UBS Group upped their target price on shares of eBay from $107.00 to $120.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Finally, Mizuho set a $110.00 price target on shares of eBay in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, eBay has an average rating of “Hold” and a consensus price target of $117.24.

eBay Stock Up 2.8%

EBAY opened at $107.08 on Tuesday. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The business has a 50-day moving average of $110.08 and a two-hundred day moving average of $102.48. 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 has a market capitalization of $47.65 billion, a price-to-earnings ratio of 22.17, a price-to-earnings-growth ratio of 2.51 and a beta of 1.37.

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, topping the consensus estimate of $1.50 by $0.10. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the prior year, the firm posted $1.37 EPS. The company’s revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, research analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Dividend Announcement

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 dividend of $0.31 per share. 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 dividend payout ratio (DPR) is currently 25.67%.

Insider Buying and Selling at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of eBay stock in a transaction on Tuesday, August 18th. The shares were 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 in the company, valued at $3,604,008.94. This trade represents a 2.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 business’s stock in a transaction 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 directly owned 253,211 shares of the company’s stock, valued at $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. 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 a total of 37,126 shares of company stock worth $4,087,886 in the last quarter. 0.67% of the stock is owned by insiders.

eBay Company 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.