JLB & Associates Inc. Purchases New Holdings in eBay Inc. $EBAY

JLB & Associates Inc. acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,668 shares of the e-commerce company’s stock, valued at approximately $2,086,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Meeder Advisory Services Inc. purchased a new position in shares of eBay during the 2nd quarter valued at approximately $1,722,000. Citizens Financial Group Inc. RI bought a new stake in shares of eBay in the second quarter worth $2,850,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of eBay in the second quarter worth $8,100,000. Grandfield & Dodd LLC acquired a new stake in eBay in the second quarter valued at $396,000. Finally, BlackRock Inc. bought a new position in eBay during the 2nd quarter valued at $4,406,897,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EBAY. Sanford C. Bernstein reissued a “market perform” rating and set a $115.00 price objective on shares of eBay in a report on Monday, August 3rd. Wedbush restated an “outperform” rating and issued a $135.00 target price on shares of eBay in a research note on Thursday, August 6th. Arete Research reduced their price target on shares of eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. TD Cowen lifted their price target on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Finally, Argus raised eBay from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a report on Friday, August 7th. Fourteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.09.

eBay Stock Performance

eBay stock opened at $102.27 on Wednesday. The company has a market cap of $45.51 billion, a PE ratio of 21.17, a P/E/G ratio of 2.49 and a beta of 1.37. The company has a fifty day moving average price of $110.39 and a two-hundred day moving average price of $102.15. 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 12 month low of $78.03 and a 12 month high of $119.31.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.10. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio is currently 25.67%.

Insider Buying and Selling

In related news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction dated 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 owned 253,211 shares in the company, valued at $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This represents a 5.64% 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 a total of 86,112 shares of company stock worth $9,837,076 over the last quarter. 0.67% of the stock is owned by company insiders.

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.