eBay Inc. $EBAY Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 9.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 79,288 shares of the e-commerce company’s stock after purchasing an additional 7,066 shares during the quarter. Ritholtz Wealth Management’s holdings in eBay were worth $7,217,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. raised its stake in shares of eBay by 4.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after acquiring an additional 113,553 shares during the period. Allworth Financial LP boosted its position in eBay by 62.6% during the 4th 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 period. North Dakota State Investment Board acquired a new stake in eBay in the 4th quarter valued at $1,809,000. Jain Global LLC acquired a new stake in eBay in the 3rd quarter valued at $8,220,000. Finally, Jag Capital Management LLC raised its position in eBay by 2,181.0% in the third quarter. Jag Capital Management LLC now owns 120,804 shares of the e-commerce company’s stock valued at $10,987,000 after purchasing an additional 115,508 shares during the period. 87.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. BNP Paribas Exane boosted their price objective on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Citizens Jmp increased their target price on eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. raised their target price on eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. TD Cowen boosted their price target on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $107.84.

eBay Stock Performance

NASDAQ:EBAY opened at $109.47 on Thursday. The firm has a 50-day moving average of $108.41 and a two-hundred day moving average of $95.96. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market cap of $48.60 billion, a P/E ratio of 24.82, a PEG ratio of 2.38 and a beta of 1.39. eBay Inc. has a 1-year low of $72.84 and a 1-year high of $119.31.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same period in the previous year, the company earned $1.38 earnings per share. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts expect that eBay Inc. will post 4.91 earnings per share for the current fiscal year.

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders 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 annualized dividend and a yield of 1.1%. eBay’s payout ratio is currently 28.12%.

Insiders Place Their Bets

In other news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the sale, the senior vice president owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This trade represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at $3,485,775.24. The trade was a 5.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 98,015 shares of company stock worth $10,749,186 in the last three months. 0.67% of the stock is owned by insiders.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Ryan Cohen said he is not backing away from his eBay pursuit, and GameStop reiterated plans to outline the strategic rationale for a combined company, which keeps takeover speculation alive. Reuters article
• Positive Sentiment: GameStop reportedly scrapped Cohen’s proposed $35 billion performance award so he can focus on operations and the eBay acquisition effort, signaling that the bid is still a top priority for management. Proactive Investors article
• Neutral Sentiment: News flow is mostly about GameStop’s campaign to buy eBay rather than any change in eBay’s fundamentals, earnings, or guidance, so the stock reaction is being driven by takeover speculation rather than operating results. Yahoo Finance article
• Negative Sentiment: The acquisition remains unsolicited and uncertain, and the repeated headlines may also highlight potential execution, regulatory, and financing risks that could limit upside if investors start to doubt the bid. 247WallSt article

About eBay

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.