AXS Investments LLC Invests $495,000 in eBay Inc. $EBAY

AXS Investments LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,439 shares of the e-commerce company’s stock, valued at approximately $495,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Cedar Mountain Advisors LLC grew its stake in eBay by 128.9% in 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 purchased a new stake in shares of eBay during the 4th quarter valued at $26,000. Abound Financial LLC purchased a new stake in shares of eBay during the 4th quarter valued at $26,000. Jessup Wealth Management Inc bought a new stake in shares of eBay during the 4th quarter worth $27,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of eBay during the 4th quarter worth $28,000. 87.48% of the stock is currently owned by institutional investors.

Insider Activity at eBay

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction 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 represents a 3.88% decrease in their position. The sale was disclosed in a document filed 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 Mazen Rawashdeh sold 1,919 shares of the firm’s 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 directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This 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. Insiders have sold a total of 76,012 shares of company stock worth $8,747,852 over the last quarter. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on EBAY shares. TD Cowen raised their price target on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Needham & Company LLC reiterated a “buy” rating and issued a $122.00 price objective on shares of eBay in a report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a research report on Friday, June 12th. The Goldman Sachs Group raised their price objective on eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company boosted their target price on eBay from $104.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, eBay has a consensus rating of “Hold” and a consensus price target of $110.52.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: UK regulators cleared eBay’s planned $1.2 billion acquisition of Depop, removing a key hurdle and making the deal more likely to close. UK watchdog clears eBay’s planned acquisition of Depop from Etsy
• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $135 price target, signaling confidence in upside from current levels.
• Positive Sentiment: Jefferies issued a positive forecast for eBay’s stock, adding to the bullish analyst tone. Jefferies Financial Group Issues Positive Forecast for eBay (NASDAQ:EBAY) Stock Price

eBay Stock Down 1.6%

NASDAQ EBAY opened at $110.91 on Friday. eBay Inc. has a 1 year low of $75.78 and a 1 year high of $119.31. The stock has a market capitalization of $49.24 billion, a PE ratio of 25.15, a PEG ratio of 2.49 and a beta of 1.37. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The business’s 50-day moving average is $111.51 and its 200 day moving average is $99.26.

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

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. eBay’s dividend payout ratio (DPR) is presently 28.12%.

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.