eBay Inc. $EBAY Stock Holdings Increased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 43.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 51,369 shares of the e-commerce company’s stock after acquiring an additional 15,662 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in eBay were worth $5,740,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of eBay by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after purchasing an additional 468,833 shares in the last quarter. Invesco Ltd. grew its position in eBay by 8.3% in the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after buying an additional 692,805 shares in the last quarter. Independent Franchise Partners LLP grew its position in eBay by 5.2% in the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after buying an additional 384,570 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in eBay by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after buying an additional 80,450 shares during the period. Finally, Bank of America Corp DE increased its stake in eBay by 0.8% during the 1st quarter. Bank of America Corp DE now owns 3,722,253 shares of the e-commerce company’s stock valued at $338,799,000 after buying an additional 30,761 shares during the period. Institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on EBAY shares. Wells Fargo & Company downgraded shares of eBay from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $105.00 to $92.00 in a research report on Monday, August 3rd. Mizuho set a $110.00 price objective on shares of eBay in a research note on Thursday, August 6th. UBS Group boosted their target price on eBay from $107.00 to $120.00 and gave the stock a “neutral” rating in a report on Tuesday. BNP Paribas Exane upped their target price on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group set a $145.00 price target on eBay in a research note on Thursday, August 6th. Fourteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $117.09.

Check Out Our Latest Analysis on EBAY

Insider Buying and Selling at eBay

In other news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the sale, the senior vice president owned 29,217 shares in the company, valued at approximately $3,419,557.68. This represents a 63.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 on Monday, May 18th. The stock was sold at an average price of $115.61, for a total value of $116,766.10. Following the sale, the senior vice president directly owned 32,146 shares of the company’s stock, valued at approximately $3,716,399.06. This represents a 3.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 87,122 shares of company stock valued at $9,953,842. Corporate insiders own 0.67% of the company’s stock.

eBay Stock Performance

NASDAQ:EBAY opened at $104.58 on Friday. The company has a 50-day moving average of $110.79 and a 200-day moving average of $101.99. The firm has a market cap of $46.54 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. 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 Inc. has a twelve month low of $78.03 and a twelve month high of $119.31.

eBay (NASDAQ:EBAYGet Free Report) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $3.01 billion. During the same period in the previous year, the firm earned $1.37 EPS. The business’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. Analysts forecast that eBay Inc. will post 4.86 earnings per share for the current fiscal 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 issued a $0.31 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 annualized dividend and a dividend yield of 1.2%. eBay’s dividend payout ratio is currently 25.67%.

About eBay

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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