Danske Bank A S Buys Shares of 552,145 eBay Inc. $EBAY

Danske Bank A S bought a new position in eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 552,145 shares of the e-commerce company’s stock, valued at approximately $61,702,000.

A number of other large investors have also made changes to their positions in the company. Diversify Advisory Services LLC purchased a new position in shares of eBay in the second quarter worth approximately $349,000. Wealthfront Advisers LLC purchased a new stake in eBay during the second quarter valued at approximately $8,756,000. M. Kulyk & Associates LLC purchased a new stake in eBay during the second quarter valued at approximately $269,000. RHS Financial LLC bought a new position in eBay in the second quarter worth approximately $647,000. Finally, JLB & Associates Inc. bought a new position in eBay in the second quarter worth approximately $2,086,000. 87.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EBAY. President Capital boosted their price objective on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. raised their target price on eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Truist Financial lifted their target price on eBay from $105.00 to $115.00 and gave the company a “hold” rating in a research report on Thursday, August 6th. Morgan Stanley reissued an “overweight” rating and set a $127.00 price target on shares of eBay in a report on Thursday, August 6th. Finally, Daiwa Securities Group upped their price target on eBay from $90.00 to $114.00 in a research report on Monday, May 11th. Fourteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $117.09.

Insider Buying and Selling at eBay

In related news, SVP Mazen Rawashdeh sold 1,919 shares of the 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 sale, the senior vice president owned 32,124 shares in the company, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the sale, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. This trade represents a 2.44% 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 valued at $9,837,076 over the last ninety days. 0.67% of the stock is currently owned by company insiders.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $102.27 on Wednesday. The firm has a fifty day moving average price of $110.39 and a 200-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. The stock has a market cap of $45.51 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 2.49 and a beta of 1.37. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31.

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

eBay Announces Dividend

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 issued a dividend of $0.31 per share. 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 currently 25.67%.

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.