Oregon Public Employees Retirement Fund Buys 12,474 Shares of eBay Inc. $EBAY

Oregon Public Employees Retirement Fund lifted its position in eBay Inc. (NASDAQ:EBAY) by 31.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 52,234 shares of the e-commerce company’s stock after acquiring an additional 12,474 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in eBay were worth $4,751,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new stake in eBay during the first quarter worth $311,000. Focus Partners Wealth lifted its stake in shares of eBay by 4.4% during the 1st quarter. Focus Partners Wealth now owns 25,447 shares of the e-commerce company’s stock valued at $1,724,000 after buying an additional 1,077 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in eBay by 5.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,210 shares of the e-commerce company’s stock valued at $624,000 after acquiring an additional 469 shares during the period. Strs Ohio bought a new stake in eBay during the 1st quarter valued at $2,073,000. Finally, Modern Wealth Management LLC purchased a new stake in shares of eBay during the first quarter worth $209,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on EBAY. Deutsche Bank Aktiengesellschaft lifted their price target on eBay from $96.00 to $100.00 in a research report on Thursday, October 30th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research report on Saturday, January 3rd. Mizuho assumed coverage on shares of eBay in a report on Monday, September 29th. They issued a “neutral” rating and a $98.00 price target on the stock. Cantor Fitzgerald boosted their price objective on shares of eBay from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Finally, B. Riley upped their target price on shares of eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, eBay currently has a consensus rating of “Hold” and a consensus target price of $94.47.

Insider Buying and Selling at eBay

In other news, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the transaction, the senior vice president directly owned 91,921 shares in the company, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total value of $157,248.00. Following the transaction, the senior vice president directly owned 5,746 shares in the company, valued at approximately $470,597.40. This represents a 25.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 53,675 shares of company stock valued at $4,388,825. 0.64% of the stock is currently owned by company insiders.

eBay Trading Up 0.0%

Shares of EBAY opened at $90.91 on Friday. eBay Inc. has a 1-year low of $58.71 and a 1-year high of $101.15. The company has a market capitalization of $41.09 billion, a P/E ratio of 19.76, a P/E/G ratio of 2.12 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. The firm’s 50 day simple moving average is $84.32 and its 200 day simple moving average is $87.13.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.94%. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Sell-side analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were given a dividend of $0.29 per share. The ex-dividend date was Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. eBay’s dividend payout ratio (DPR) is presently 25.22%.

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.