eBay Inc. $EBAY Shares Acquired by Dorsey Wright & Associates

Dorsey Wright & Associates boosted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 89.7% during the 1st quarter, HoldingsChannel reports. The firm owned 68,570 shares of the e-commerce company’s stock after purchasing an additional 32,422 shares during the period. Dorsey Wright & Associates’ holdings in eBay were worth $6,241,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. California Public Employees Retirement System boosted its stake in shares of eBay by 9.7% during the first quarter. California Public Employees Retirement System now owns 1,030,770 shares of the e-commerce company’s stock worth $93,821,000 after buying an additional 90,888 shares during the period. Kesler Norman & Wride LLC increased its position in eBay by 2.3% in the 1st quarter. Kesler Norman & Wride LLC now owns 9,906 shares of the e-commerce company’s stock valued at $902,000 after acquiring an additional 225 shares during the period. Kera Capital Partners Inc. acquired a new position in eBay in the 1st quarter valued at about $370,000. Copeland Capital Management LLC raised its stake in eBay by 980.3% during the 1st quarter. Copeland Capital Management LLC now owns 127,440 shares of the e-commerce company’s stock valued at $11,600,000 after acquiring an additional 115,643 shares during the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new stake in eBay during the 1st quarter valued at approximately $43,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Stock Up 1.0%

EBAY opened at $112.06 on Friday. The firm has a market cap of $49.75 billion, a P/E ratio of 25.41, a PEG ratio of 2.45 and a beta of 1.37. The business’s fifty day simple moving average is $111.60 and its 200 day simple moving average is $99.35. eBay Inc. has a 52 week low of $76.85 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.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data 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 return on equity of 46.11% and a net margin of 17.58%.The business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter last year, the firm earned $1.38 earnings per share. The business’s revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. eBay’s payout ratio is presently 28.12%.

Insider Buying and Selling

In other news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 275,431 shares of the company’s stock, valued at $31,214,595.23. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction dated Wednesday, June 17th. The shares were 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 owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 76,012 shares of company stock valued at $8,747,852. 0.67% of the stock is currently owned by corporate insiders.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Wedbush initiated coverage on eBay with an Outperform rating and a $135 price target, implying meaningful upside from current levels. This kind of analyst support can help reinforce investor confidence in the stock. Benzinga coverage
• Positive Sentiment: The UK competition watchdog cleared eBay’s $1.2 billion Depop acquisition, removing a regulatory hurdle and signaling progress on eBay’s growth-by-acquisition strategy. Retail Insight Network article
• Neutral Sentiment: Coverage also noted that eBay currently has a “Hold” consensus from brokerages, which suggests analysts remain split on the near-term outlook despite the recent bullish target. American Banking News article
• Neutral Sentiment: A product-related mention about a classic Camaro being listed on eBay is not a meaningful company-specific catalyst for the stock. MSN article
• Negative Sentiment: Multiple reports highlighted GameStop CEO Ryan Cohen’s renewed push to acquire eBay, including his comment that the company is “coming for eBay one way or another.” While an acquisition premium can sometimes support a stock, the repeated takeover pressure and talk of appealing directly to shareholders may also create uncertainty and volatility for eBay investors. Yahoo Finance article

Wall Street Analyst Weigh In

Several research firms have recently commented on EBAY. Bank of America raised their target price on shares of eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Morgan Stanley increased their price target on shares of eBay to $117.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Cantor Fitzgerald raised their price objective on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Jefferies Financial Group boosted their target price on eBay from $65.00 to $75.00 and gave the stock an “underperform” rating in a research report on Tuesday. Finally, UBS Group increased their target price on eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $110.52.

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.