Bridgefront Capital LLC Takes Position in eBay Inc. $EBAY

Bridgefront Capital LLC purchased a new stake in eBay Inc. (NASDAQ:EBAY) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 9,896 shares of the e-commerce company’s stock, valued at approximately $900,000.

A number of other large investors have also added to or reduced their stakes in EBAY. Invesco Ltd. raised its holdings in eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after acquiring an additional 140,160 shares in the last quarter. First Trust Advisors LP increased its position in shares of eBay by 27.8% in the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after purchasing an additional 1,808,976 shares during the period. Legal & General Group Plc raised its stake in eBay by 2.8% in the third quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock valued at $478,687,000 after purchasing an additional 141,057 shares in the last quarter. ABN AMRO Bank N.V. bought a new stake in eBay during the second quarter worth about $235,149,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in eBay by 32.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock worth $262,973,000 after buying an additional 701,530 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Citizens Jmp restated a “market outperform” rating and issued a $115.00 target price on shares of eBay in a research report on Wednesday, January 28th. UBS Group set a $96.00 price objective on shares of eBay in a research report on Thursday, February 19th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Rothschild & Co Redburn raised their target price on eBay from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Finally, TD Cowen reiterated a “hold” rating on shares of eBay in a research note on Wednesday, February 18th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $97.97.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $91.34 on Monday. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market cap of $40.92 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 1.91 and a beta of 1.38. The firm has a 50 day simple moving average of $89.74 and a 200 day simple moving average of $88.45.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the prior year, the business earned $1.25 earnings per share. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Research analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s payout ratio is 28.51%.

Insider Transactions at eBay

In other news, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total value of $374,540.28. Following the completion of the transaction, the senior vice president owned 91,921 shares of the company’s stock, valued at $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total transaction of $157,248.00. Following the completion of the transaction, the senior vice president owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. This trade represents a 25.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 41,697 shares of company stock worth $3,760,124. Insiders own 0.64% 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.