Boston Common Asset Management LLC Invests $7.50 Million in eBay Inc. $EBAY

Boston Common Asset Management LLC acquired a new position in shares of eBay Inc. (NASDAQ:EBAY) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 82,401 shares of the e-commerce company’s stock, valued at approximately $7,500,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EBAY. Guggenheim Capital LLC boosted its stake in eBay by 7.4% in the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after acquiring an additional 988 shares in the last quarter. Jump Financial LLC acquired a new position in shares of eBay during the second quarter worth $275,000. NewEdge Advisors LLC increased its position in shares of 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 in the last quarter. Sei Investments Co. lifted its holdings in shares of eBay by 48.7% during the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of eBay by 26.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after purchasing an additional 67,731 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Price Performance

Shares of EBAY opened at $112.06 on Monday. The firm has a market capitalization of $49.75 billion, a PE ratio of 25.41, a price-to-earnings-growth ratio of 2.47 and a beta of 1.37. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. eBay Inc. has a 1-year low of $76.85 and a 1-year high of $119.31. The company’s fifty day moving average price is $111.60 and its 200-day moving average price is $99.44.

eBay (NASDAQ:EBAY) last released 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 firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities research analysts predict that eBay Inc. will post 4.87 EPS for the current year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a $0.31 dividend. The ex-dividend date of this dividend 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%.

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the sale, the chief executive officer owned 275,431 shares in the company, valued at $31,214,595.23. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction that occurred 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 owned 29,217 shares in the company, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 76,012 shares of company stock worth $8,747,852 over the last three months. 0.67% of the stock is currently owned by insiders.

More eBay News

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on EBAY shares. Robert W. Baird boosted their target price on eBay from $117.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday. Jefferies Financial Group increased their price target on eBay from $65.00 to $75.00 and gave the company an “underperform” rating in a research note on Tuesday, July 14th. Bank of America raised their price target on eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their price target on eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Finally, Piper Sandler restated an “overweight” rating and set a $115.00 price objective (up from $105.00) on shares of eBay in a report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, eBay presently has a consensus rating of “Hold” and a consensus target price of $110.52.

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.