Beacon Harbor Wealth Advisors Inc. Acquires Shares of 83,897 eBay Inc. $EBAY

Beacon Harbor Wealth Advisors Inc. bought a new position in shares of eBay Inc. (NASDAQ:EBAY) in the 1st quarter, Holdings Channel reports. The institutional investor bought 83,897 shares of the e-commerce company’s stock, valued at approximately $7,636,000. eBay accounts for about 1.6% of Beacon Harbor Wealth Advisors Inc.’s holdings, making the stock its 29th largest position.

A number of other large investors have also recently modified their holdings of the business. Cedar Mountain Advisors LLC raised its holdings in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares in the last quarter. High Point Wealth Management LLC acquired a new stake in eBay in the fourth quarter valued at about $26,000. Abound Financial LLC acquired a new stake in eBay in the fourth quarter valued at about $26,000. Jessup Wealth Management Inc acquired a new stake in eBay in the fourth quarter valued at about $27,000. Finally, Beacon Financial Strategies CORP bought a new position in eBay in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Trading Down 0.1%

NASDAQ:EBAY opened at $117.20 on Friday. The company has a market cap of $52.04 billion, a P/E ratio of 26.58, a P/E/G ratio of 2.59 and a beta of 1.37. The stock’s fifty day moving average price is $110.95 and its two-hundred day moving average price is $98.36. eBay Inc. has a 1 year low of $75.78 and a 1 year high of $119.31. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, analysts expect that eBay Inc. will post 4.87 EPS for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a dividend of $0.31 per share. The ex-dividend date was Friday, May 29th. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. eBay’s dividend payout ratio is currently 28.12%.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $113.33, for a total value of $1,259,096.30. Following the completion of the transaction, the chief executive officer directly owned 275,431 shares in the company, valued at approximately $31,214,595.23. This trade represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the business’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 transaction, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This 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. Over the last ninety days, insiders have sold 88,125 shares of company stock valued at $9,963,512. 0.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on EBAY shares. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a report on Friday, June 12th. Piper Sandler reissued an “overweight” rating and issued a $115.00 price objective (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Sanford C. Bernstein boosted their target price on shares of eBay from $95.00 to $100.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 20th. Morgan Stanley upped their price target on shares of eBay to $117.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Finally, TD Cowen raised their price objective on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a report on Friday, May 1st. Thirteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $108.65.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay was added to several Russell growth indexes, including the Russell Midcap Growth and Russell 1000 Growth benchmarks, which could boost institutional ownership and index-driven demand for the shares. eBay joins Russell Growth Indexes
• Positive Sentiment: Investor enthusiasm remains focused on eBay’s expansion of live shopping and AI-driven recommerce initiatives, including eBay Live and its investment in Fleek, which reinforce the company’s growth strategy. eBay expanding live shopping and investing in AI resale startup
• Positive Sentiment: Analysts are generally constructive into the report, with recent coverage highlighting eBay’s improving fundamentals and a favorable setup heading into Q2 earnings. Earnings Preview: What To Expect From eBay’s Report
• Neutral Sentiment: CEO Jamie Iannone sold shares under a pre-arranged trading plan, which is usually viewed as routine and not a strong signal about the company’s outlook. Jamie Iannone sells shares of eBay stock
• Neutral Sentiment: eBay’s addition to short-interest data did not show meaningful bearish pressure, with reported short interest effectively unchanged at zero shares.
• Neutral Sentiment: Wells Fargo slightly raised its price target on eBay but kept an equal-weight rating, suggesting a more cautious stance than the bullish headlines imply.

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.