Munich Reinsurance Co Stock Corp in Munich Invests $8.55 Million in eBay Inc. $EBAY

Munich Reinsurance Co Stock Corp in Munich acquired a new stake in eBay Inc. (NASDAQ:EBAY) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 93,936 shares of the e-commerce company’s stock, valued at approximately $8,550,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. High Point Wealth Management LLC purchased a new stake in eBay during the 4th quarter worth about $26,000. Abound Financial LLC acquired a new position in shares of eBay during the fourth quarter worth about $26,000. Jessup Wealth Management Inc purchased a new stake in shares of eBay during the fourth quarter worth approximately $27,000. Beacon Financial Strategies CORP acquired a new stake in eBay in the fourth quarter valued at approximately $28,000. Finally, JFS Wealth Advisors LLC lifted its stake in eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after acquiring an additional 116 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: A bullish report said eBay’s U.K. experiment helped prove its turnaround strategy, reinforcing the idea that the company can drive sustained growth and margin improvement. How EBAY Stock’s British Experiment Signaled A 50% Surge
• Positive Sentiment: Rising enthusiasm for the trading-card market could benefit eBay, since collectibles are a key category that can boost marketplace traffic and seller activity. Gotta collect ’em all: Trading card market could be worth up to $20 billion
• Neutral Sentiment: GameStop shareholders approved a larger share authorization, clearing the way for its proposed eBay acquisition bid, but the deal remains highly speculative and unlikely to have an immediate impact on eBay’s fundamentals. GameStop shareholders approve plan to boost eBay acquisition bid
• Neutral Sentiment: eBay CEO Jamie Iannone sold shares under a pre-arranged trading plan, which is typically seen as routine and not necessarily a negative signal. CEO Jamie Iannone stock sale disclosure

eBay Price Performance

Shares of NASDAQ EBAY opened at $115.25 on Thursday. The stock has a market cap of $51.17 billion, a P/E ratio of 26.13, a P/E/G ratio of 2.53 and a beta of 1.37. eBay Inc. has a twelve month low of $75.17 and a twelve month high of $119.31. The stock has a 50 day moving average of $110.34 and a two-hundred day moving average of $98.00. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same period last year, the firm posted $1.38 earnings per share. The company’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, research analysts forecast 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. Shareholders of record on Friday, May 29th were paid a $0.31 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. eBay’s payout ratio is currently 28.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Sanford C. Bernstein increased their price objective on shares of eBay from $95.00 to $100.00 and gave the company a “market perform” rating in a research report on Wednesday, May 20th. President Capital increased their target price on eBay from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Piper Sandler restated an “overweight” rating and issued a $115.00 price target (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Barclays upped their price objective on eBay from $104.00 to $114.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a research report on Friday, June 12th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $108.61.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the sale, the senior vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the sale, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their ownership of the stock. 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 88,125 shares of company stock valued at $9,963,512 in the last ninety days. Insiders own 0.67% 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.