Morningstar Investment Management LLC Buys 43,237 Shares of eBay Inc. $EBAY

Morningstar Investment Management LLC increased its stake in eBay Inc. (NASDAQ:EBAY) by 299.5% in the 1st quarter, Holdings Channel reports. The firm owned 57,675 shares of the e-commerce company’s stock after purchasing an additional 43,237 shares during the period. Morningstar Investment Management LLC’s holdings in eBay were worth $5,250,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in EBAY. Cedar Mountain Advisors LLC grew its holdings in eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 156 shares during the last quarter. High Point Wealth Management LLC acquired a new stake in shares of eBay in the fourth quarter worth $26,000. Abound Financial LLC bought a new stake in shares of eBay during the 4th quarter worth $26,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of eBay during the 1st quarter worth $26,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of eBay during the 4th quarter worth $27,000. Institutional investors own 87.48% of the company’s stock.

eBay Trading Up 0.1%

Shares of eBay stock opened at $109.39 on Friday. The company’s fifty day simple moving average is $111.52 and its 200-day simple moving average is $100.20. The company has a market cap of $48.57 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 2.40 and a beta of 1.37. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 1 year low of $77.12 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. The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, sell-side analysts expect that eBay Inc. will post 4.89 EPS for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio (DPR) is currently 28.12%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Wells Fargo & Company upped their price target on shares of eBay from $104.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. BNP Paribas Exane upped their price target on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. TD Cowen raised their price target on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Finally, Piper Sandler reiterated an “overweight” rating and issued a $115.00 price objective (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.52.

Insider Transactions at eBay

In related news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the sale, the senior vice president owned 29,217 shares in the company, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their ownership of the stock. The transaction 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 Jordan Douglas Bradle Sweetnam sold 1,010 shares of eBay stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $115.61, for a total value of $116,766.10. Following the sale, the senior vice president directly owned 32,146 shares in the company, valued at approximately $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 76,012 shares of company stock worth $8,747,852. 0.67% of the stock is currently owned by company insiders.

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.