TD Asset Management Inc Buys 44,467 Shares of eBay Inc. $EBAY

TD Asset Management Inc increased its stake in eBay Inc. (NASDAQ:EBAY) by 14.4% in the fourth quarter, HoldingsChannel reports. The fund owned 353,415 shares of the e-commerce company’s stock after purchasing an additional 44,467 shares during the period. TD Asset Management Inc’s holdings in eBay were worth $30,782,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of EBAY. High Point Wealth Management LLC bought a new stake in shares of eBay in the 4th quarter valued at about $26,000. Beacon Financial Strategies CORP bought a new stake in shares of eBay in the 4th quarter worth approximately $28,000. JFS Wealth Advisors LLC grew its position in shares of eBay by 57.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after buying an additional 116 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of eBay in the 3rd quarter worth approximately $28,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of eBay in the 4th quarter worth approximately $33,000. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In related news, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s 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 of the company’s stock, valued at $3,419,557.68. This trade represents a 63.12% decrease in their position. The transaction 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 Jordan Douglas Bradle Sweetnam sold 12,978 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,199,686.32. Following the transaction, the senior vice president directly owned 42,948 shares of the company’s stock, valued at approximately $3,970,113.12. This trade represents a 23.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 136,953 shares of company stock worth $14,139,444 in the last 90 days. Corporate insiders own 0.64% of the company’s stock.

eBay Stock Up 0.2%

Shares of NASDAQ:EBAY opened at $109.35 on Friday. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31. The firm has a market capitalization of $48.55 billion, a P/E ratio of 24.80, a P/E/G ratio of 2.43 and a beta of 1.39. The stock has a 50 day moving average price of $104.60 and a 200-day moving average price of $93.47. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.

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 the consensus estimate of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the prior year, the company earned $1.38 EPS. The business’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. As a group, equities research analysts anticipate that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given 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 of this dividend is Friday, May 29th. eBay’s dividend payout ratio (DPR) is 28.12%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Arete Research cut their price objective on eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Wedbush lifted their price objective on eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Needham & Company LLC reiterated a “buy” rating and issued a $122.00 price objective on shares of eBay in a research report on Thursday, April 30th. Finally, President Capital lifted their price objective on eBay from $94.00 to $102.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Thirteen research 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. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $107.84.

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.