eBay Inc. $EBAY Shares Acquired by Cibc World Market Inc.

Cibc World Market Inc. increased its position in eBay Inc. (NASDAQ:EBAY) by 18.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,564 shares of the e-commerce company’s stock after buying an additional 10,790 shares during the period. Cibc World Market Inc.’s holdings in eBay were worth $6,059,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Guggenheim Capital LLC increased its position in eBay by 7.4% during the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after purchasing an additional 988 shares during the last quarter. Jump Financial LLC acquired a new position in eBay during the second quarter worth approximately $275,000. NewEdge Advisors LLC increased its position in eBay by 70.4% during the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. increased its position in eBay by 48.7% during the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after purchasing an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its position in eBay by 26.3% during the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after purchasing an additional 67,731 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Activity

In other news, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the transaction, the chief executive officer directly owned 352,653 shares in the company, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cornelius Boone sold 16,685 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the transaction, the senior vice president owned 94,479 shares in the company, valued at $8,733,638.76. This trade represents a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 136,953 shares of company stock valued at $14,139,444 over the last ninety days. 0.64% of the stock is owned by company insiders.

eBay Price Performance

eBay stock opened at $109.35 on Monday. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31. The firm has a fifty day moving average of $104.60 and a 200-day moving average of $93.55. The firm has a market capitalization of $48.55 billion, a P/E ratio of 24.80, a PEG ratio of 2.43 and a beta of 1.39. The company has a quick ratio of 1.22, a current 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 for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, analysts predict that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

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

Wall Street Analyst Weigh In

EBAY has been the subject of several research analyst reports. BMO Capital Markets upped their price target on shares of eBay from $120.00 to $130.00 in a research report on Thursday, April 30th. Sanford C. Bernstein upped their price target on shares of eBay from $95.00 to $100.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 20th. Piper Sandler reaffirmed an “overweight” rating and set a $115.00 price target (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. TD Cowen upped their price target on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. Finally, Arete Research dropped their price target on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $107.84.

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.