Sigma Planning Corp Increases Position in eBay Inc. $EBAY

Sigma Planning Corp lifted its position in shares of eBay Inc. (NASDAQ:EBAY) by 124.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,899 shares of the e-commerce company’s stock after buying an additional 7,164 shares during the quarter. Sigma Planning Corp’s holdings in eBay were worth $1,441,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of eBay in the second quarter valued at about $4,406,897,000. Invesco Ltd. raised its stake in eBay by 8.3% during the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after purchasing an additional 692,805 shares during the period. Independent Franchise Partners LLP raised its stake in eBay by 5.2% during 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 purchasing an additional 384,570 shares during the period. Dimensional Fund Advisors LP lifted its holdings in eBay by 1.7% in the 1st 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 in the last quarter. Finally, Legal & General Group Plc purchased a new position in eBay in the 2nd quarter worth approximately $506,653,000. Institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on EBAY shares. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a report on Monday, May 4th. Citigroup lifted their price target on shares of eBay from $127.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, August 13th. UBS Group boosted their price target on shares of eBay from $107.00 to $120.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Jefferies Financial Group set a $145.00 price objective on shares of eBay in a report on Thursday, August 6th. Finally, Susquehanna reaffirmed a “neutral” rating on shares of eBay in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $117.24.

eBay Trading Down 2.0%

Shares of NASDAQ EBAY opened at $103.56 on Tuesday. eBay Inc. has a 1-year low of $78.03 and a 1-year high of $119.31. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. The business’s 50 day moving average is $109.74 and its two-hundred day moving average is $103.09. The stock has a market capitalization of $46.08 billion, a P/E ratio of 21.44, a PEG ratio of 2.56 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced 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 return on equity of 47.88% and a net margin of 18.50%.The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the previous year, the business earned $1.37 EPS. 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. As a group, research analysts expect that eBay Inc. will post 4.86 EPS for the current year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be paid 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%.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of the 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 directly owned 253,211 shares in the company, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction 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 transaction, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This trade 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. In the last quarter, insiders sold 37,126 shares of company stock worth $4,087,886. 0.67% of the stock is currently owned by insiders.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop’s large eBay stake provides a notable vote of confidence. GameStop converted a previously disclosed derivative position into approximately 43.4 million eBay shares valued near $4.95 billion, potentially making it an influential shareholder rather than an acquisition candidate. The transaction generated an approximately $238 million gain for GameStop and highlights eBay’s value as a major digital-commerce asset. GameStop Turns eBay Pursuit Into a Nearly $5 Billion Investment
• Positive Sentiment: Used cameras remain a strong category in Japan. A report identified used cameras as one of eBay’s top-selling product categories in Japan, second only to fashion, supporting the company’s cross-border commerce strategy and demand for collectible and pre-owned goods. In Japan, used cameras are one of eBay’s top sellers
• Neutral Sentiment: eBay’s airbag ban could improve marketplace trust and safety. The company reportedly prohibited airbag sales because of counterfeit concerns. The policy may reduce a limited source of marketplace volume, but it could strengthen consumer confidence and reduce regulatory and reputational risks. eBay finally bans airbag sales due to counterfeit concerns
• Negative Sentiment: Sector-wide profit-taking pressured online-commerce stocks. Shopify, eBay and Etsy all slipped as traders reduced exposure following a strong August rally. The move appeared to reflect cooling momentum rather than an eBay downgrade or new company-specific negative announcement. Shopify Falls as Profit Taking Follows Rally

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.