Deutsche Bank AG Makes New $222.68 Million Investment in eBay Inc. $EBAY

Deutsche Bank AG bought a new stake in eBay Inc. (NASDAQ:EBAY) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 1,992,658 shares of the e-commerce company’s stock, valued at approximately $222,680,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Spire Wealth Management lifted its holdings in eBay by 29.7% during the second quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock worth $55,000 after acquiring an additional 112 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in eBay by 4.6% in the second quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock worth $312,000 after purchasing an additional 125 shares during the last quarter. Capital Asset Advisory Services LLC grew its stake in eBay by 3.3% in the 1st quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock valued at $367,000 after purchasing an additional 129 shares during the period. Harfst & Associates Inc. grew its stake in eBay by 0.6% in the 4th quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares during the period. Finally, Commerce Bank increased its position in shares of eBay by 0.5% during the 4th quarter. Commerce Bank now owns 28,313 shares of the e-commerce company’s stock valued at $2,466,000 after purchasing an additional 132 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Needham & Company LLC increased their price target on shares of eBay from $122.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. BMO Capital Markets set a $145.00 price objective on shares of eBay in a report on Thursday, August 6th. Barclays lifted their price objective on shares of eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $133.00 target price (up from $115.00) on shares of eBay in a research note on Thursday, August 6th. Fourteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $117.09.

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the sale, the senior vice president directly owned 34,533 shares in the company, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their position. The sale was disclosed in a filing 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 Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their ownership of the stock. 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 ninety days, insiders have sold 86,112 shares of company stock worth $9,837,076. 0.67% of the stock is owned by corporate insiders.

eBay Stock Up 1.3%

EBAY stock opened at $102.27 on Wednesday. The stock has a fifty day moving average of $110.39 and a 200-day moving average of $102.15. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. The company has a market capitalization of $45.51 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 2.49 and a beta of 1.37. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data 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. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities research analysts predict 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. Stockholders of record on Friday, August 28th will be given 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 payout ratio is 25.67%.

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.