Boston Common Asset Management LLC Invests $7.50 Million in eBay Inc. $EBAY

Boston Common Asset Management LLC purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 82,401 shares of the e-commerce company’s stock, valued at approximately $7,500,000.

Several other hedge funds also recently added to or reduced their stakes in the company. SEB Asset Management AB purchased a new position in shares of eBay during the first quarter valued at approximately $9,201,000. Swiss National Bank raised its holdings in shares of eBay by 5.9% in the first quarter. Swiss National Bank now owns 1,326,600 shares of the e-commerce company’s stock worth $120,747,000 after buying an additional 74,200 shares during the period. Legacy Wealth Advisors LLC purchased a new stake in shares of eBay in the first quarter worth approximately $238,000. Mediolanum International Funds Ltd lifted its stake in shares of eBay by 53.7% during the 1st quarter. Mediolanum International Funds Ltd now owns 18,760 shares of the e-commerce company’s stock worth $1,651,000 after acquiring an additional 6,556 shares during the last quarter. Finally, Dorsey Wright & Associates boosted its holdings in eBay by 89.7% during the 1st quarter. Dorsey Wright & Associates now owns 68,570 shares of the e-commerce company’s stock valued at $6,241,000 after acquiring an additional 32,422 shares during the period. 87.48% of the stock is currently owned by institutional investors.

Key Headlines Impacting eBay

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

Insider Buying and Selling

In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the transaction, the chief executive officer directly owned 275,431 shares in the company, valued at approximately $31,214,595.23. This trade represents a 3.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 50,000 shares of the business’s stock in a transaction on 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 completion of the transaction, the senior vice president directly owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. The trade was a 63.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 76,012 shares of company stock valued at $8,747,852 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $112.06 on Monday. eBay Inc. has a twelve month low of $76.85 and a twelve month high of $119.31. The firm has a market cap of $49.75 billion, a PE ratio of 25.41, a price-to-earnings-growth ratio of 2.47 and a beta of 1.37. The business has a fifty day simple moving average of $111.60 and a two-hundred day simple moving average of $99.44. 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 (NASDAQ:EBAY) last posted its quarterly 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 the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts expect that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s dividend payout ratio (DPR) is presently 28.12%.

Analyst Ratings Changes

Several equities analysts have commented on EBAY shares. BNP Paribas Exane upped their price objective on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial lifted their target price on eBay from $94.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Bank of America boosted their target price on shares of eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Citigroup restated an “outperform” rating on shares of eBay in a report on Tuesday, July 14th. Finally, Rothschild & Co Redburn raised their price target on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $110.52.

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.