Lombard Odier Asset Management Europe Ltd Takes Position in eBay Inc. $EBAY

Lombard Odier Asset Management Europe Ltd acquired a new position in eBay Inc. (NASDAQ:EBAY) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 209,337 shares of the e-commerce company’s stock, valued at approximately $23,393,000. eBay makes up approximately 0.1% of Lombard Odier Asset Management Europe Ltd’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of EBAY. Allworth Financial LP raised its position in eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after acquiring an additional 8,899 shares in the last quarter. North Dakota State Investment Board bought a new position in shares of eBay during the 4th quarter valued at $1,809,000. Legal & General Group Plc bought a new stake in eBay in the second quarter worth $506,653,000. Eurizon Capital SGR S.p.A. bought a new position in eBay during the fourth quarter valued at about $9,368,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of eBay during the 4th quarter worth about $1,209,000. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In related news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at $27,486,054.05. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the transaction, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% 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. Over the last three months, insiders sold 37,126 shares of company stock valued at $4,087,886. 0.67% of the stock is currently owned by company insiders.

eBay Price Performance

Shares of EBAY stock opened at $105.62 on Friday. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The company has a market capitalization of $47.00 billion, a P/E ratio of 21.87, a P/E/G ratio of 2.48 and a beta of 1.37. The stock has a 50 day moving average of $109.77 and a two-hundred day moving average of $102.87. 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 issued its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts expect that eBay Inc. will post 4.86 EPS for the current year.

eBay Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EBAY shares. Benchmark boosted their target price on eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Cantor Fitzgerald reduced their price objective on shares of eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Weiss Ratings downgraded shares of eBay from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $124.00 target price on shares of eBay in a research report on Monday, May 4th. Finally, President Capital upped their price target on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $117.24.

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.