Jain Global LLC acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 90,383 shares of the e-commerce company’s stock, valued at approximately $8,220,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in shares of eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after purchasing an additional 140,160 shares in the last quarter. First Trust Advisors LP lifted its position in shares of eBay by 27.8% during the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after buying an additional 1,808,976 shares during the last quarter. Legal & General Group Plc lifted its position in shares of eBay by 2.8% during the 3rd quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock worth $478,687,000 after buying an additional 141,057 shares during the last quarter. ABN AMRO Bank N.V. acquired a new stake in eBay in the second quarter valued at about $235,149,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in eBay by 32.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock valued at $262,973,000 after buying an additional 701,530 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.
Insider Activity at eBay
In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $79.87, for a total transaction of $80,588.83. Following the completion of the transaction, the senior vice president directly owned 5,743 shares of the company’s stock, valued at $458,693.41. This trade represents a 14.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mazen Rawashdeh sold 1,920 shares of eBay stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total value of $157,248.00. Following the transaction, the senior vice president directly owned 5,746 shares in the company, valued at $470,597.40. The trade was a 25.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 41,697 shares of company stock worth $3,760,124 over the last three months. Company insiders own 0.64% of the company’s stock.
Wall Street Analyst Weigh In
eBay Stock Performance
eBay stock opened at $91.41 on Tuesday. The business has a 50 day moving average of $89.76 and a 200-day moving average of $88.44. The company has a market capitalization of $40.95 billion, a P/E ratio of 21.01, a P/E/G ratio of 1.91 and a beta of 1.38. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10.
eBay (NASDAQ:EBAY – Get Free Report) last posted its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period in the previous year, the firm posted $1.25 EPS. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, equities research analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.
eBay Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a $0.31 dividend. This is a positive change from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. eBay’s payout ratio is presently 28.51%.
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.
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