NewEdge Advisors LLC Purchases 34,569 Shares of eBay Inc. $EBAY

NewEdge Advisors LLC grew its position in eBay Inc. (NASDAQ:EBAY) by 49.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,819 shares of the e-commerce company’s stock after buying an additional 34,569 shares during the quarter. NewEdge Advisors LLC’s holdings in eBay were worth $11,714,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rakuten Investment Management Inc. bought a new stake in shares of eBay in the 2nd quarter valued at about $7,929,000. Marvin & Palmer Associates Inc. bought a new position in shares of eBay during the second quarter valued at approximately $3,989,000. Lombard Odier Asset Management Europe Ltd purchased a new position in eBay during the second quarter valued at approximately $23,393,000. Empowered Funds LLC purchased a new position in eBay during the second quarter valued at approximately $16,967,000. Finally, Glenview Trust Co bought a new position in eBay in the second quarter worth approximately $1,544,000. Institutional investors own 87.48% of the company’s stock.

eBay Trading Up 2.6%

Shares of NASDAQ:EBAY opened at $107.75 on Friday. The business’s 50-day moving average is $108.68 and its 200 day moving average is $104.35. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The firm has a market capitalization of $47.95 billion, a P/E ratio of 22.31, a P/E/G ratio of 2.79 and a beta of 1.34.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results 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 return on equity of 47.88% and a net margin of 18.50%.The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the company earned $1.37 earnings per share. The company’s quarterly 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 predict that eBay Inc. will post 4.86 earnings per share for the current fiscal year.

eBay Announces Dividend

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

Insider Activity

In other eBay news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $102.35, for a total transaction of $1,137,108.50. Following the completion of the sale, the chief executive officer owned 230,991 shares of the company’s stock, valued at approximately $23,641,928.85. The trade was a 4.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the sale, the senior vice president owned 35,546 shares in the company, valued at approximately $3,604,008.94. The trade was a 2.77% 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 37,126 shares of company stock valued at $4,007,449 over the last ninety days. 0.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EBAY. UBS Group lifted their price target on eBay from $107.00 to $120.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Citizens Jmp downgraded eBay from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. Rosenblatt Securities began coverage on eBay in a research note on Thursday, August 20th. They issued a “buy” rating and a $120.00 target price on the stock. Needham & Company LLC boosted their target price on shares of eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Weiss Ratings lowered shares of eBay from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $117.24.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay is viewed as the stronger investment compared with GameStop. Analysts and market commentary point to eBay’s profitability and more established marketplace model, while GameStop’s latest revenue declined nearly 20% year over year. Reports that GameStop may reconsider a potential bid for eBay could also reduce takeover-related uncertainty. GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
• Positive Sentiment: Fashion Month promotions could increase engagement. eBay has launched a major international fashion campaign intended to attract buyers and sellers, supporting activity in a key marketplace category. eBay Kicks Off Major International Activity for Fashion Month
• Positive Sentiment: Recent operating performance remains supportive. eBay’s latest quarterly results exceeded expectations, with earnings per share of $1.60 versus a $1.50 consensus estimate and revenue of $3.13 billion, up 14.8% year over year. The company also guided to third-quarter EPS of $1.36–$1.42.
• Neutral Sentiment: Speculation surrounding Ryan Cohen and GameStop remains uncertain. Commentary outlines possible strategic moves involving eBay but does not confirm a transaction or concrete change in eBay’s business outlook. Ryan Cohen Has Three Options As He Weighs Next GameStop Move For eBay
• Neutral Sentiment: Reported short interest of zero shares provides no meaningful indication of bearish positioning and may reflect a data-reporting limitation.
• Negative Sentiment: CEO Jamie Iannone sold approximately $2.3 million of eBay stock. The sale represented about 5% of his prior holdings. Because the transactions were executed under a pre-arranged Rule 10b5-1 plan, they may be less significant as a discretionary signal, but insider selling can still weigh on sentiment. eBay CEO Jamie Iannone Sells Company Shares Worth $2.3 Million
• Negative Sentiment: Product-safety risks remain a marketplace overhang. eBay banned airbag sales after regulators linked another death to a counterfeit inflator. The move limits future exposure but highlights potential liability, compliance and counterfeit-control costs. eBay Bans Airbag Sales as NHTSA Confirms 11th Death Tied to Counterfeit Inflator

eBay Company Profile

eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects buyers and sellers. Its platform supports the sale of new, used, refurbished and collectible products across categories including electronics, apparel, footwear, home and garden, automotive parts, accessories and trading cards.

The company generates revenue primarily through seller fees and related services, including payments, advertising and shipping solutions. eBay also offers specialized experiences such as eBay Motors and authentication programs designed to help verify eligible luxury goods, sneakers, watches, handbags and collectibles.

Founded in 1995 by Pierre Omidyar, eBay serves customers and sellers in markets around the world.