IFM Investors Pty Ltd Increases Position in eBay Inc. $EBAY

IFM Investors Pty Ltd increased its holdings in eBay Inc. (NASDAQ:EBAY) by 6.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 95,470 shares of the e-commerce company’s stock after buying an additional 5,565 shares during the period. IFM Investors Pty Ltd’s holdings in eBay were worth $8,690,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Altshuler Shaham Ltd boosted its position in eBay by 4,452,655.3% in the fourth quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock worth $182,282,000 after purchasing an additional 2,092,748 shares during the last quarter. First Trust Advisors LP increased its position in shares of eBay by 27.8% during the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after purchasing an additional 1,808,976 shares during the last quarter. Alyeska Investment Group L.P. raised its stake in shares of eBay by 214.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock worth $161,865,000 after purchasing an additional 1,267,601 shares during the period. Pacer Advisors Inc. raised its stake in shares of eBay by 3,248.7% during the 4th quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock worth $109,483,000 after purchasing an additional 1,219,439 shares during the period. Finally, Allianz Asset Management GmbH boosted its holdings in shares of eBay by 47.5% in the 4th quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after buying an additional 1,167,019 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EBAY. BNP Paribas Exane increased their price target on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Wells Fargo & Company lifted their price objective on shares of eBay from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Daiwa Securities Group boosted their target price on shares of eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Morgan Stanley increased their target price on shares of eBay to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Finally, Stifel Nicolaus set a $98.00 price target on shares of eBay in a research note on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $108.61.

eBay Price Performance

NASDAQ EBAY opened at $114.84 on Friday. The company has a market cap of $50.99 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 2.46 and a beta of 1.37. eBay Inc. has a 52 week low of $75.12 and a 52 week high of $119.31. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The firm’s 50-day simple moving average is $109.32 and its two-hundred day simple moving average is $97.10.

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

eBay Dividend Announcement

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

Insider Activity at eBay

In other eBay news, CEO Jamie Iannone sold 21,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $97.37, for a total transaction of $2,044,770.00. Following the sale, the chief executive officer owned 352,653 shares in the company, valued at $34,337,822.61. This represents a 5.62% decrease in their ownership of the stock. The transaction 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 50,000 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $3,419,557.68. The trade was a 63.12% 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. In the last ninety days, insiders sold 98,015 shares of company stock worth $10,749,186. Corporate insiders own 0.67% of the company’s stock.

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.