Parallel Advisors LLC Purchases 475 Shares of eBay Inc. $EBAY

Parallel Advisors LLC grew its position in eBay Inc. (NASDAQ:EBAY) by 6.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,887 shares of the e-commerce company’s stock after purchasing an additional 475 shares during the period. Parallel Advisors LLC’s holdings in eBay were worth $587,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Marvin & Palmer Associates Inc. bought a new stake in shares of eBay in the first quarter valued at about $2,958,000. Assenagon Asset Management S.A. increased its position in eBay by 0.5% during the first quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock worth $3,596,000 after buying an additional 246 shares during the last quarter. IFP Advisors Inc increased its position in eBay by 59.6% during the first quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock worth $261,000 after buying an additional 1,440 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in eBay by 2.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company’s stock worth $5,381,000 after buying an additional 2,095 shares during the last quarter. Finally, MBB Public Markets I LLC acquired a new position in eBay during the first quarter worth approximately $330,000. 87.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the sale, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $92.33, for a total transaction of $666,714.93. Following the completion of the transaction, the chief executive officer directly owned 246,812 shares in the company, valued at approximately $22,788,151.96. The trade was a 2.84% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 157,553 shares of company stock worth $13,505,983 over the last 90 days. 0.64% of the stock is owned by company insiders.

eBay Stock Performance

Shares of eBay stock opened at $91.11 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average price of $89.99 and a two-hundred day moving average price of $77.12. eBay Inc. has a 1-year low of $56.33 and a 1-year high of $101.15. The company has a market cap of $41.64 billion, a P/E ratio of 20.07, a PEG ratio of 2.17 and a beta of 1.32.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the business posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio (DPR) is currently 25.55%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Susquehanna upped their target price on eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Citizens Jmp raised eBay to a “hold” rating in a research report on Thursday, July 10th. Cantor Fitzgerald upped their target price on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Piper Sandler upped their target price on eBay from $74.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Finally, Argus reaffirmed a “hold” rating on shares of eBay in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $78.89.

eBay Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.