Cynosure Group LLC Takes $503,000 Position in eBay Inc. $EBAY

Cynosure Group LLC purchased a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,774 shares of the e-commerce company’s stock, valued at approximately $503,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EBAY. Guggenheim Capital LLC increased its position in shares of eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after purchasing an additional 988 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of eBay during the 2nd quarter valued at about $275,000. NewEdge Advisors LLC increased its position in shares of eBay by 70.4% during the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. increased its position in shares of eBay by 48.7% during the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of eBay by 26.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after purchasing an additional 67,731 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Trading Up 0.1%

eBay stock opened at $109.32 on Wednesday. The firm has a 50 day moving average of $107.05 and a 200 day moving average of $94.89. The firm has a market capitalization of $48.54 billion, a price-to-earnings ratio of 24.79, a P/E/G ratio of 2.43 and a beta of 1.39. eBay Inc. has a 12-month low of $72.84 and a 12-month high of $119.31. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. During the same period in the prior year, the firm posted $1.38 EPS. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts predict that eBay Inc. will post 4.83 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. Shareholders of record on Friday, May 29th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

Wall Street Analyst Weigh In

EBAY has been the subject of several research reports. Susquehanna upped their price target on shares of eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Wedbush increased their target price on shares of eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. BMO Capital Markets increased their target price on shares of eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Cantor Fitzgerald increased their target price on shares of eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Robert W. Baird increased their target price on shares of eBay from $105.00 to $117.00 in a report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, eBay has a consensus rating of “Hold” and a consensus price target of $107.84.

Insiders Place Their Bets

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at $3,419,557.68. This represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the transaction, the chief executive officer owned 352,653 shares of the company’s stock, valued at $34,337,822.61. The trade was a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 95,233 shares of company stock worth $10,446,742 in the last three months. 0.67% of the stock is owned by company insiders.

About eBay

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.