Inceptionr LLC Makes New $881,000 Investment in eBay Inc. $EBAY

Inceptionr LLC bought a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the first quarter, HoldingsChannel reports. The institutional investor bought 9,680 shares of the e-commerce company’s stock, valued at approximately $881,000.

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

Insider Buying and Selling

In related news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the completion of the sale, the chief executive officer owned 275,431 shares of the company’s stock, valued at $31,214,595.23. This represents a 3.88% decrease in their ownership of the stock. 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, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.61, for a total transaction of $116,766.10. Following the completion of the sale, the senior vice president owned 32,146 shares of the company’s stock, valued at approximately $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 76,012 shares of company stock worth $8,747,852 in the last 90 days. 0.67% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EBAY. Susquehanna increased their target price on shares of eBay from $95.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Arete Research reduced their price target on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Jefferies Financial Group upped their price target on shares of eBay from $65.00 to $75.00 and gave the stock an “underperform” rating in a research report on Tuesday, July 14th. Bank of America increased their price objective on shares of eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Finally, Morgan Stanley lifted their price objective on shares of eBay to $117.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Fourteen analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $110.52.

eBay Price Performance

Shares of EBAY stock opened at $109.39 on Friday. eBay Inc. has a 1-year low of $77.12 and a 1-year high of $119.31. The stock’s 50-day moving average is $111.52 and its 200 day moving average is $100.20. The company has a market cap of $48.57 billion, a P/E ratio of 24.81, a PEG ratio of 2.40 and a beta of 1.37. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts predict that eBay Inc. will post 4.89 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s payout ratio is 28.12%.

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.