eBay Inc. $EBAY Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lifted its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,995,877 shares of the e-commerce company’s stock after buying an additional 104,479 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in eBay were worth $260,941,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. High Point Wealth Management LLC acquired a new position in eBay in the 4th quarter valued at $26,000. Jessup Wealth Management Inc acquired a new position in eBay in the 4th quarter valued at $27,000. Beacon Financial Strategies CORP acquired a new position in eBay in the 4th quarter valued at $28,000. JFS Wealth Advisors LLC raised its stake in eBay by 57.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new position in eBay in the 3rd quarter valued at $28,000. 87.48% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. This represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This trade represents a 5.62% 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 quarter, insiders have sold 148,063 shares of company stock valued at $15,356,989. 0.67% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on EBAY shares. Truist Financial increased their price objective on eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Rothschild & Co Redburn increased their price objective on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. UBS Group increased their price objective on eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Arete Research reduced their price objective on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, Barclays increased their price objective on eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, eBay has a consensus rating of “Hold” and an average target price of $107.84.

Read Our Latest Analysis on eBay

eBay Price Performance

Shares of NASDAQ:EBAY opened at $108.61 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The business has a fifty day moving average of $106.45 and a two-hundred day moving average of $94.51. The stock has a market cap of $48.22 billion, a P/E ratio of 24.63, a PEG ratio of 2.42 and a beta of 1.39. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31.

eBay (NASDAQ:EBAYGet Free Report) last issued its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during 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 firm’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts expect that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Dividend Announcement

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

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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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