California Public Employees Retirement System Raises Position in eBay Inc. $EBAY

California Public Employees Retirement System increased its holdings in eBay Inc. (NASDAQ:EBAY) by 9.7% in the first quarter, Holdings Channel.com reports. The firm owned 1,030,770 shares of the e-commerce company’s stock after purchasing an additional 90,888 shares during the period. California Public Employees Retirement System’s holdings in eBay were worth $93,821,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. boosted its position in shares of eBay by 4.0% in 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 acquiring an additional 113,553 shares during the last quarter. Allworth Financial LP increased its position 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 purchasing an additional 8,899 shares during the last quarter. North Dakota State Investment Board acquired a new position in eBay during the fourth quarter worth approximately $1,809,000. Eurizon Capital SGR S.p.A. purchased a new position in eBay during the fourth quarter worth approximately $9,368,000. Finally, Jefferies Financial Group Inc. purchased a new position in eBay during the fourth quarter worth approximately $1,209,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a report on Friday, June 12th. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on eBay in a report on Monday, May 4th. Robert W. Baird increased their target price on eBay from $117.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday. Rothschild & Co Redburn lifted their target price on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Finally, Piper Sandler reissued 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. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $110.52.

eBay Stock Performance

Shares of EBAY stock opened at $112.06 on Monday. The stock has a market cap of $49.75 billion, a price-to-earnings ratio of 25.41, a price-to-earnings-growth ratio of 2.47 and a beta of 1.37. 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 Inc. has a fifty-two week low of $76.85 and a fifty-two week high of $119.31. The firm’s 50 day moving average price is $111.60 and its two-hundred day moving average price is $99.44.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same period in the previous year, the firm earned $1.38 earnings per share. eBay’s revenue for the quarter was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts anticipate that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s dividend payout ratio is 28.12%.

Insider Buying and Selling

In related news, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares in the company, valued at approximately $3,485,775.24. This represents a 5.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the transaction, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. This trade represents a 2.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 76,012 shares of company stock valued at $8,747,852. Company insiders own 0.67% of the company’s stock.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Wedbush initiated coverage on eBay with an Outperform rating and a $135 price target, implying meaningful upside from current levels. This kind of analyst support can help reinforce investor confidence in the stock. Benzinga coverage
• Positive Sentiment: The UK competition watchdog cleared eBay’s $1.2 billion Depop acquisition, removing a regulatory hurdle and signaling progress on eBay’s growth-by-acquisition strategy. Retail Insight Network article
• Neutral Sentiment: Coverage also noted that eBay currently has a “Hold” consensus from brokerages, which suggests analysts remain split on the near-term outlook despite the recent bullish target. American Banking News article
• Neutral Sentiment: A product-related mention about a classic Camaro being listed on eBay is not a meaningful company-specific catalyst for the stock. MSN article
• Negative Sentiment: Multiple reports highlighted GameStop CEO Ryan Cohen’s renewed push to acquire eBay, including his comment that the company is “coming for eBay one way or another.” While an acquisition premium can sometimes support a stock, the repeated takeover pressure and talk of appealing directly to shareholders may also create uncertainty and volatility for eBay investors. Yahoo Finance article

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.