Geode Capital Management LLC Buys 29,506 Shares of eBay Inc. $EBAY

Geode Capital Management LLC boosted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,440,582 shares of the e-commerce company’s stock after acquiring an additional 29,506 shares during the quarter. Geode Capital Management LLC’s holdings in eBay were worth $1,079,552,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EBAY. Guggenheim Capital LLC grew its holdings in eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after acquiring an additional 988 shares during the last quarter. Jump Financial LLC bought a new stake in eBay during the 2nd quarter worth about $275,000. NewEdge Advisors LLC grew its holdings in eBay by 70.4% during the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after acquiring an additional 44,851 shares during the last quarter. Sei Investments Co. grew its holdings in eBay by 48.7% during the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after acquiring an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in 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 worth $24,250,000 after acquiring an additional 67,731 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research note on Friday, May 1st. BMO Capital Markets raised their target price on shares of eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Citigroup increased their price objective on shares of eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. increased their price objective on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Citizens Jmp increased their price objective on shares of eBay from $115.00 to $120.00 and gave the stock a “market outperform” rating in a research report on Friday, May 1st. Thirteen 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’s stock. According to data from MarketBeat.com, eBay presently has an average rating of “Hold” and an average price target of $107.84.

Insider Activity

In related news, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the transaction, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. The trade was a 63.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the transaction, the senior vice president owned 94,479 shares in the company, valued at approximately $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 136,953 shares of company stock valued at $14,139,444 in the last ninety days. Corporate insiders own 0.64% of the company’s stock.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Investor interest remains supported by eBay’s recent earnings beat and solid revenue growth, with the company posting better-than-expected Q1 results and giving Q2 guidance that suggests continued profitability. eBay (EBAY) Up 8.4% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: GameStop’s increased stake and continued takeover-related attention have kept eBay in the spotlight, which can support the share price if investors believe a higher bid or strategic outcome remains possible. GameStop Raises eBay Stake in Takeover Fight
• Neutral Sentiment: Market commentary around eBay’s governance and activism story has kept the stock in focus, but the forum discussion appears more informational than a direct operational catalyst. Highlights: GameStop & eBay – Activism: Governance from Investor & Board Perspectives
• Neutral Sentiment: Analysts still see eBay as a “Hold” overall, with some price targets above current levels but little consensus for a major re-rating yet. eBay Inc. (NASDAQ:EBAY) Given Consensus Rating of “Hold” by Brokerages
• Negative Sentiment: The stock is under pressure from its ex-dividend date, which often causes a mechanical price reset and can weigh on near-term trading. eBay shares fall as stock trades ex-dividend and GameStop-bid premium continues to unwind
• Negative Sentiment: Insider selling, including a recent sale by SVP Mazen Rawashdeh, may be adding to investor caution even though the transaction was made under a pre-arranged trading plan. SEC Form 4 filing

eBay Price Performance

NASDAQ EBAY opened at $109.27 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 12-month low of $72.12 and a 12-month high of $119.31. The company has a market capitalization of $48.52 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 2.49 and a beta of 1.39. The firm’s 50 day moving average is $102.64 and its 200-day moving average is $92.64.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same period last year, the company earned $1.38 earnings per share. The firm’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities research analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, May 29th. eBay’s payout ratio is presently 28.12%.

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.