eBay Inc. $EBAY Shares Acquired by California Public Employees Retirement System

California Public Employees Retirement System lifted its holdings in eBay Inc. (NASDAQ:EBAYFree Report) by 9.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,030,770 shares of the e-commerce company’s stock after buying an additional 90,888 shares during the quarter. California Public Employees Retirement System owned 0.23% of eBay worth $93,821,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EBAY. Quotient Wealth Partners LLC boosted its position in shares of eBay by 4.5% during the 4th quarter. Quotient Wealth Partners LLC now owns 2,558 shares of the e-commerce company’s stock worth $223,000 after purchasing an additional 110 shares in the last quarter. Childress Capital Advisors LLC increased its holdings in shares of eBay by 3.2% in the 4th quarter. Childress Capital Advisors LLC now owns 3,685 shares of the e-commerce company’s stock valued at $321,000 after purchasing an additional 114 shares in the last quarter. JFS Wealth Advisors LLC increased its holdings 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 valued at $28,000 after purchasing an additional 116 shares in the last quarter. Capital Asset Advisory Services LLC lifted its stake in shares of eBay by 3.3% in the first quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock valued at $367,000 after purchasing an additional 129 shares during the period. Finally, Harfst & Associates Inc. lifted its stake in shares of eBay by 0.6% in the fourth quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Transactions at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $115.61, for a total transaction of $116,766.10. Following the sale, the senior vice president owned 32,146 shares of the company’s stock, valued at $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of eBay stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the sale, the senior vice president owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. This represents a 63.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 76,012 shares of company stock valued at $8,747,852 over the last three months. 0.67% of the stock is currently owned by insiders.

Analysts Set New Price Targets

EBAY has been the topic of several recent analyst reports. Susquehanna upped their target price on shares of eBay from $95.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. The Goldman Sachs Group lifted their price target on shares of eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Needham & Company LLC reissued a “buy” rating and set a $122.00 price target on shares of eBay in a research note on Thursday, April 30th. Wedbush assumed coverage on eBay in a report on Thursday. They issued an “outperform” rating and a $135.00 price target on the stock. Finally, UBS Group upped their price target on eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Fourteen analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $110.52.

Read Our Latest Analysis on EBAY

More eBay News

Here are the key news stories impacting eBay this week:

  • Positive Sentiment: Wedbush initiated coverage on eBay with an Outperform rating and a $135 price target, implying meaningful upside from current levels. This kind of analyst support can help reinforce investor confidence in the stock. Benzinga coverage
  • Positive Sentiment: The UK competition watchdog cleared eBay’s $1.2 billion Depop acquisition, removing a regulatory hurdle and signaling progress on eBay’s growth-by-acquisition strategy. Retail Insight Network article
  • Neutral Sentiment: Coverage also noted that eBay currently has a “Hold” consensus from brokerages, which suggests analysts remain split on the near-term outlook despite the recent bullish target. American Banking News article
  • Neutral Sentiment: A product-related mention about a classic Camaro being listed on eBay is not a meaningful company-specific catalyst for the stock. MSN article
  • Negative Sentiment: Multiple reports highlighted GameStop CEO Ryan Cohen’s renewed push to acquire eBay, including his comment that the company is “coming for eBay one way or another.” While an acquisition premium can sometimes support a stock, the repeated takeover pressure and talk of appealing directly to shareholders may also create uncertainty and volatility for eBay investors. Yahoo Finance article

eBay Price Performance

EBAY stock opened at $112.06 on Monday. The company’s 50 day simple moving average is $111.60 and its 200-day simple moving average is $99.44. The firm has a market capitalization of $49.75 billion, a PE ratio of 25.41, a P/E/G ratio of 2.47 and a beta of 1.37. eBay Inc. has a 12 month low of $76.85 and a 12 month high of $119.31. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22.

eBay (NASDAQ:EBAYGet Free Report) last issued its quarterly earnings data 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 the consensus estimate of $3.04 billion. During the same period in the previous year, the firm posted $1.38 EPS. The company’s quarterly 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 analysts expect that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s payout ratio is 28.12%.

About eBay

(Free Report)

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.

See Also

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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