ABN Amro Investment Solutions Raises Stake in eBay Inc. $EBAY

ABN Amro Investment Solutions lifted its stake in eBay Inc. (NASDAQ:EBAY) by 95.2% during the first quarter, HoldingsChannel reports. The firm owned 45,364 shares of the e-commerce company’s stock after purchasing an additional 22,129 shares during the period. ABN Amro Investment Solutions’ holdings in eBay were worth $4,129,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cedar Mountain Advisors LLC boosted its stake in eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. High Point Wealth Management LLC acquired a new position in shares of eBay during the fourth quarter worth $26,000. Abound Financial LLC purchased a new stake in shares of eBay during the 4th quarter valued at $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of eBay during the 1st quarter valued at $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of eBay in the 4th quarter worth $27,000. Institutional investors own 87.48% of the company’s stock.

Insider Activity

In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the sale, the chief executive officer directly owned 275,431 shares of the company’s stock, valued at $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 90 days. 0.67% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on EBAY shares. Truist Financial increased their price target on eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Evercore set a $96.00 price target on eBay in a research note on Thursday, April 30th. Daiwa Securities Group upped their price objective on shares of eBay from $90.00 to $114.00 in a report on Monday, May 11th. Susquehanna increased their price objective 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. Finally, Barclays increased their price objective on shares of eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, eBay has an average rating of “Hold” and an average target price of $110.52.

eBay Trading Down 1.5%

eBay stock opened at $109.32 on Friday. 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 Inc. has a 12 month low of $77.12 and a 12 month high of $119.31. The stock’s 50 day simple moving average is $111.65 and its two-hundred day simple moving average is $100.13. The firm has a market cap of $48.54 billion, a PE ratio of 24.79, a P/E/G ratio of 2.44 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same period in the prior year, the firm posted $1.38 earnings per share. 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. Analysts anticipate that eBay Inc. will post 4.89 earnings per share for the current year.

eBay Dividend Announcement

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

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.