Raiffeisen Bank International AG Lowers Stock Holdings in eBay Inc. $EBAY

Raiffeisen Bank International AG lowered its stake in eBay Inc. (NASDAQ:EBAY) by 25.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 315,748 shares of the e-commerce company’s stock after selling 105,287 shares during the period. Raiffeisen Bank International AG’s holdings in eBay were worth $34,985,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of eBay during the second quarter worth $4,406,897,000. Invesco Ltd. increased its stake 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 during the period. Independent Franchise Partners LLP raised its position 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 worth $674,866,000 after buying an additional 384,570 shares during the last quarter. Dimensional Fund Advisors LP raised its position 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 worth $446,042,000 after buying an additional 80,450 shares during the last quarter. Finally, Legal & General Group Plc acquired a new stake in shares of eBay in the 2nd quarter worth $506,653,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Rosenblatt Securities initiated coverage on shares of eBay in a report on Thursday, August 20th. They issued a “buy” rating and a $120.00 target price on the stock. Jefferies Financial Group set a $145.00 price objective on shares of eBay in a research report on Thursday, August 6th. Citizens Jmp lowered eBay from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Rothschild & Co Redburn boosted their target price on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Finally, Benchmark increased their target price on eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One 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 stock. According to MarketBeat.com, eBay presently has an average rating of “Hold” and an average price target of $117.24.

eBay Stock Performance

NASDAQ:EBAY opened at $105.86 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. The stock has a market cap of $47.11 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 2.83 and a beta of 1.34. The firm’s fifty day simple moving average is $109.56 and its 200-day simple moving average is $103.61.

eBay (NASDAQ:EBAY) last announced its quarterly 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 business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the firm posted $1.37 EPS. The business’s 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. Analysts expect that eBay Inc. will post 4.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a yield of 1.2%. eBay’s dividend payout ratio (DPR) is 25.67%.

Insider Activity

In related news, SVP Jordan 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 value of $102,809.46. Following the sale, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. This represents a 2.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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 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 transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at $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. In the last three months, insiders sold 26,016 shares of company stock worth $2,870,341. Company insiders own 0.67% of the company’s stock.

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.