Dorsey Wright & Associates Takes Position in eBay Inc. $EBAY

Dorsey Wright & Associates acquired a new position in eBay Inc. (NASDAQ:EBAY) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 60,873 shares of the e-commerce company’s stock, valued at approximately $5,536,000. eBay accounts for about 1.2% of Dorsey Wright & Associates’ investment portfolio, making the stock its 25th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ABN AMRO Bank N.V. purchased a new stake in eBay in the second quarter valued at approximately $235,149,000. Arrowstreet Capital Limited Partnership raised its position in 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 worth $163,058,000 after buying an additional 1,992,116 shares during the last quarter. First Trust Advisors LP raised its position in eBay by 27.8% during the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after buying an additional 1,808,976 shares during the last quarter. Panagora Asset Management Inc. lifted its stake in eBay by 1,416.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock valued at $61,949,000 after acquiring an additional 777,109 shares during the period. Finally, Woodline Partners LP acquired a new stake in eBay during the 3rd quarter valued at approximately $68,999,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on EBAY. Truist Financial set a $94.00 price objective on shares of eBay and gave the stock a “hold” rating in a research note on Thursday, February 19th. Jefferies Financial Group decreased their target price on shares of eBay from $65.00 to $60.00 and set an “underperform” rating for the company in a research report on Monday, February 23rd. BNP Paribas Exane upped their price target on shares of eBay from $90.00 to $97.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Piper Sandler reiterated an “overweight” rating and set a $105.00 price objective (up from $98.00) on shares of eBay in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group raised eBay from a “sell” rating to a “neutral” rating and set a $88.00 price objective for the company in a report on Thursday, February 19th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $97.97.

eBay Stock Performance

NASDAQ:EBAY opened at $93.61 on Wednesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. The company has a fifty day moving average of $89.81 and a two-hundred day moving average of $88.46. The stock has a market capitalization of $41.94 billion, a PE ratio of 21.52, a P/E/G ratio of 1.91 and a beta of 1.38. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.06. The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.25 earnings per share. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. eBay’s payout ratio is presently 28.51%.

Insider Activity at eBay

In related news, SVP Cornelius Boone sold 4,462 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was 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 directly owned 91,921 shares in the company, valued at approximately $7,715,848.74. The trade was a 4.63% 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 the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $79.87, for a total value of $80,588.83. Following the completion of the transaction, the senior vice president owned 5,743 shares in the company, valued at $458,693.41. The trade was a 14.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 39,777 shares of company stock valued at $3,602,876. 0.64% of the stock is owned by company insiders.

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.