iA Global Asset Management Inc. Has $4.27 Million Stock Holdings in eBay Inc. $EBAY

iA Global Asset Management Inc. grew its position in eBay Inc. (NASDAQ:EBAY) by 233.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 46,902 shares of the e-commerce company’s stock after buying an additional 32,841 shares during the period. iA Global Asset Management Inc.’s holdings in eBay were worth $4,266,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. ABN AMRO Bank N.V. acquired a new position in eBay in the second quarter valued at about $235,149,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of eBay by 1,007.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after purchasing an additional 1,992,116 shares in the last quarter. M&G PLC lifted its holdings in shares of eBay by 88.8% during the 2nd quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock valued at $206,142,000 after purchasing an additional 1,310,373 shares in the last quarter. Valeo Financial Advisors LLC grew its position in shares of eBay by 19,822.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock valued at $96,126,000 after purchasing an additional 1,284,501 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in eBay during the 2nd quarter worth approximately $62,986,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

EBAY opened at $93.61 on Friday. The business’s 50-day simple moving average is $86.25 and its 200 day simple moving average is $88.32. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market capitalization of $42.31 billion, a PE ratio of 20.35, a PEG ratio of 2.18 and a beta of 1.35.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The firm had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same period last year, the company earned $1.19 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, sell-side analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on EBAY. Stifel Nicolaus cut their price target on shares of eBay from $89.00 to $88.00 in a research note on Thursday, October 30th. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price objective on the stock in a research report on Friday, October 24th. Citigroup reiterated a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. Sanford C. Bernstein set a $90.00 price target on eBay in a research note on Friday, October 31st. Finally, TD Cowen reaffirmed a “hold” rating on shares of eBay in a research report on Monday, October 20th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, eBay currently has a consensus rating of “Hold” and an average target price of $95.66.

Insider Buying and Selling at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the sale, the senior vice president directly owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. This represents a 92.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the sale, the senior vice president owned 91,921 shares of the company’s stock, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,675 shares of company stock valued at $4,388,825 in the last 90 days. Company insiders own 0.64% of the company’s stock.

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.