Marietta Investment Partners LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,278 shares of the e-commerce company’s stock, valued at approximately $547,000.
Several other hedge funds have also added to or reduced their stakes in EBAY. Robeco Institutional Asset Management B.V. boosted its holdings in eBay by 4.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock worth $255,294,000 after buying an additional 113,553 shares during the last quarter. Allworth Financial LP boosted its holdings in eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after buying an additional 8,899 shares during the last quarter. North Dakota State Investment Board bought a new position in eBay during the fourth quarter worth about $1,809,000. Jain Global LLC bought a new position in eBay during the third quarter worth about $8,220,000. Finally, Jag Capital Management LLC boosted its holdings in eBay by 2,181.0% during the third quarter. Jag Capital Management LLC now owns 120,804 shares of the e-commerce company’s stock worth $10,987,000 after buying an additional 115,508 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on EBAY shares. Benchmark raised their target price on eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Citigroup raised their target price on eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Bank of America raised their target price on eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Finally, The Goldman Sachs Group raised their price target on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $107.84.
Insider Transactions at eBay
In related news, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the sale, the chief executive officer owned 352,653 shares of the company’s stock, valued at approximately $34,337,822.61. This trade represents a 5.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of eBay stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the sale, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. This represents a 63.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 136,953 shares of company stock worth $14,139,444 in the last 90 days. 0.64% of the stock is owned by corporate insiders.
Key eBay News
Here are the key news stories impacting eBay this week:
- Positive Sentiment: eBay is drawing takeover/speculation attention after reports that GameStop now owns nearly 8% of the company, which can sometimes lift shares on the prospect of a strategic bid or other value-unlocking action. Article Title
- Neutral Sentiment: eBay also had a presence at the dbAccess Global Consumer Conference, but no major new operational update was highlighted in the headline, so the market impact looks limited. Article Title
- Negative Sentiment: The bigger takeaway for investors is uncertainty: GameStop’s repeated stake-building, combined with reports that an earlier approach was rejected, raises the possibility of friction, disruption, or activism around eBay rather than a clean strategic premium. Article Title
eBay Stock Down 0.1%
Shares of eBay stock opened at $108.82 on Thursday. The business’s 50 day simple moving average is $103.81 and its 200 day simple moving average is $93.18. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31. The firm has a market cap of $48.32 billion, a PE ratio of 24.68, a P/E/G ratio of 2.42 and a beta of 1.39. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.
eBay (NASDAQ:EBAY – Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.04 billion. During the same quarter last year, the firm earned $1.38 EPS. eBay’s revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts predict that eBay Inc. will post 4.83 earnings per share for the current fiscal year.
eBay Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio (DPR) is currently 28.12%.
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.
See Also
- Five stocks we like better than eBay
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAY – Free Report).
Receive News & Ratings for eBay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay and related companies with MarketBeat.com's FREE daily email newsletter.
