AXQ Capital LP Purchases Shares of 18,777 eBay Inc. $EBAY

AXQ Capital LP purchased a new stake in shares of eBay Inc. (NASDAQ:EBAYFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 18,777 shares of the e-commerce company’s stock, valued at approximately $1,635,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after acquiring an additional 468,833 shares during the last quarter. First Trust Advisors LP raised its holdings 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 valued at $755,767,000 after buying an additional 1,808,976 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of 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 buying an additional 141,057 shares during the last quarter. Impax Asset Management Group plc raised its holdings in eBay by 11.4% during the 4th quarter. Impax Asset Management Group plc now owns 3,134,733 shares of the e-commerce company’s stock worth $273,035,000 after purchasing an additional 321,732 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of eBay by 4.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after acquiring an additional 113,553 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wedbush boosted their price objective on eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Morgan Stanley boosted their target price on eBay to $117.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Jefferies Financial Group boosted their target price on eBay from $60.00 to $65.00 in a research note on Thursday, April 30th. Daiwa Securities Group boosted their target price on eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Finally, Arete Research cut their target price on eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $107.84.

Get Our Latest Analysis on eBay

eBay Stock Up 1.0%

EBAY stock opened at $110.35 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $49.00 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 2.43 and a beta of 1.39. The business’s fifty day moving average price is $103.03 and its two-hundred day moving average price is $92.86. eBay Inc. has a fifty-two week low of $72.83 and a fifty-two week high of $119.31.

eBay (NASDAQ:EBAYGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. The firm had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Dividend Announcement

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

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $115.61, for a total value of $116,766.10. Following the sale, the senior vice president directly owned 32,146 shares of the company’s stock, valued at $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction dated 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 $3,419,557.68. This trade represents a 63.12% 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. In the last 90 days, insiders sold 136,953 shares of company stock valued at $14,139,444. Company insiders own 0.64% of the company’s stock.

About eBay

(Free Report)

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.

Read More

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:EBAYFree Report).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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.