Danske Bank A S Purchases New Shares in eBay Inc. $EBAY

Danske Bank A S purchased a new position in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 552,145 shares of the e-commerce company’s stock, valued at approximately $61,702,000. Danske Bank A S owned 0.12% of eBay as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of eBay by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after buying an additional 468,833 shares during the period. BlackRock Inc. purchased a new position in eBay during the 2nd quarter valued at about $4,406,897,000. Invesco Ltd. boosted its stake in eBay by 8.3% during the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after acquiring an additional 692,805 shares in the last quarter. Independent Franchise Partners LLP boosted its stake in eBay by 5.2% during the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock worth $674,866,000 after acquiring an additional 384,570 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in eBay by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock worth $446,042,000 after purchasing an additional 80,450 shares during the period. Institutional investors own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EBAY. Benchmark raised their target price on shares of eBay from $115.00 to $134.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. The Goldman Sachs Group boosted their price target on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research note on Monday, May 4th. Citigroup raised their price objective on eBay from $127.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, Daiwa Securities Group lifted their price objective on eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Fourteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $117.09.

eBay Stock Up 1.3%

eBay stock opened at $102.27 on Wednesday. The firm has a market cap of $45.51 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 2.49 and a beta of 1.37. The stock has a fifty day simple moving average of $110.39 and a two-hundred day simple moving average of $102.15. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the prior year, the company posted $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. Equities analysts predict that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be given 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 25.67%.

Insider Buying and Selling at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the sale, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. The trade was a 2.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 that occurred on Thursday, June 4th. The shares were sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the transaction, the chief executive officer directly owned 280,204 shares of the company’s stock, valued at $30,707,556.36. The trade was a 3.81% 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. In the last 90 days, insiders have sold 86,112 shares of company stock worth $9,837,076. Company insiders own 0.67% of the company’s stock.

eBay 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.