693,768 Shares in eBay Inc. $EBAY Bought by Danske Bank A S

Danske Bank A S purchased a new stake in eBay Inc. (NASDAQ:EBAY) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 693,768 shares of the e-commerce company’s stock, valued at approximately $63,098,000. Danske Bank A S owned approximately 0.15% of eBay at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC boosted its position in shares of eBay by 0.4% in the third quarter. Miracle Mile Advisors LLC now owns 29,151 shares of the e-commerce company’s stock worth $2,651,000 after buying an additional 118 shares during the period. Garrett Wealth Advisory Group LLC grew its stake in shares of eBay by 3.8% in the second quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock valued at $244,000 after buying an additional 119 shares in the last quarter. Groupe la Francaise raised its holdings in shares of eBay by 8.2% during the 2nd quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock valued at $121,000 after buying an additional 123 shares during the period. Mutual Advisors LLC raised its holdings in shares of eBay by 5.2% during the 3rd quarter. Mutual Advisors LLC now owns 3,194 shares of the e-commerce company’s stock valued at $305,000 after buying an additional 158 shares during the period. Finally, RHS Financial LLC lifted its position in eBay by 2.8% during the 3rd quarter. RHS Financial LLC now owns 6,335 shares of the e-commerce company’s stock worth $576,000 after acquiring an additional 172 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EBAY has been the subject of a number of analyst reports. BNP Paribas Exane upped their price target on eBay from $90.00 to $97.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Wells Fargo & Company boosted their target price on shares of eBay from $98.00 to $101.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 19th. Cantor Fitzgerald restated a “neutral” rating and issued a $90.00 target price on shares of eBay in a research note on Thursday, February 19th. Stifel Nicolaus lifted their price target on shares of eBay from $88.00 to $94.00 and gave the stock a “hold” rating in a research note on Thursday, February 19th. Finally, Wedbush upped their price objective on shares of eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, eBay presently has a consensus rating of “Hold” and an average target price of $97.97.

eBay Stock Down 2.0%

Shares of NASDAQ:EBAY opened at $91.77 on Thursday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. The company has a fifty day simple moving average of $89.84 and a 200 day simple moving average of $88.48. The firm has a market cap of $41.11 billion, a PE ratio of 21.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.38. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a dividend yield of 1.4%. eBay’s dividend payout ratio is 28.51%.

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $91.99, for a total value of $3,076,237.59. Following the completion of the sale, the senior vice president directly owned 4,733 shares of the company’s stock, valued at $435,388.67. The trade was a 87.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.64% of the company’s stock.

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.