Keebeck Wealth Management Buys New Position in eBay Inc. $EBAY

Keebeck Wealth Management purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,853 shares of the e-commerce company’s stock, valued at approximately $542,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EBAY. Cedar Mountain Advisors LLC lifted its position in shares of eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 156 shares in the last quarter. High Point Wealth Management LLC bought a new position in eBay in the fourth quarter valued at $26,000. Abound Financial LLC acquired a new stake in eBay in the 4th quarter valued at $26,000. Cassaday & Co Wealth Management LLC acquired a new stake in eBay in the 1st quarter valued at $26,000. Finally, Jessup Wealth Management Inc bought a new stake in eBay during the 4th quarter worth about $27,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Performance

Shares of EBAY opened at $104.13 on Friday. The firm has a 50-day moving average of $110.12 and a 200-day moving average of $102.31. eBay Inc. has a one year low of $78.03 and a one year high of $119.31. The company has a market cap of $46.34 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 2.53 and a beta of 1.37. 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 (NASDAQ:EBAY) last issued its 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 net margin of 18.50% and a return on equity of 47.88%. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the prior year, the firm earned $1.37 EPS. eBay’s quarterly revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts forecast that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders 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 yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s payout ratio is 25.67%.

Insider Buying and Selling at eBay

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total value 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 filing with the Securities & Exchange Commission, which is available at this link. 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 that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. The trade was a 5.64% 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 have sold 37,126 shares of company stock worth $4,087,886 over the last 90 days. Company insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. BMO Capital Markets set a $145.00 price objective on eBay in a report on Thursday, August 6th. Daiwa Securities Group upped their target price on eBay from $90.00 to $114.00 in a report on Monday, May 11th. Morgan Stanley reissued an “overweight” rating and set a $127.00 price target on shares of eBay in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research note on Monday, May 4th. Finally, Weiss Ratings raised eBay from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $117.24.

eBay Company 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.