Chase Investment Counsel Corp Boosts Stake in eBay Inc. $EBAY

Chase Investment Counsel Corp lifted its position in eBay Inc. (NASDAQ:EBAY) by 5.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 100,002 shares of the e-commerce company’s stock after acquiring an additional 5,325 shares during the period. eBay accounts for about 2.4% of Chase Investment Counsel Corp’s investment portfolio, making the stock its 11th largest holding. Chase Investment Counsel Corp’s holdings in eBay were worth $9,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EBAY. Vanguard Group Inc. boosted its position in shares of eBay by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after purchasing an additional 468,833 shares in the last quarter. Invesco Ltd. lifted its position in eBay by 8.3% during the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after buying an additional 692,805 shares during the period. Independent Franchise Partners LLP lifted its position in eBay by 5.2% during the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after buying an additional 384,570 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of eBay by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after buying an additional 80,450 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in shares of eBay by 47.5% during the 4th quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock valued at $315,862,000 after buying an additional 1,167,019 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of eBay stock opened at $113.04 on Wednesday. eBay Inc. has a 1 year low of $77.12 and a 1 year high of $119.31. The firm’s 50-day moving average is $111.77 and its 200 day moving average is $99.81. The stock has a market cap of $50.19 billion, a price-to-earnings ratio of 25.63, a PEG ratio of 2.52 and a beta of 1.37. 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:EBAY) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The business had revenue of $3.09 billion during 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 period last year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Sell-side analysts anticipate that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

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

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the transaction, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. The trade was a 2.44% decrease in their position. The sale 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 1,919 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the transaction, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This trade represents a 5.64% 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. 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.

Analyst Ratings Changes

Several research analysts recently issued reports on EBAY shares. UBS Group increased their price target on shares of eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Evercore set a $96.00 price objective on shares of eBay in a research note on Thursday, April 30th. Rothschild & Co Redburn upped their price objective on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Robert W. Baird raised their target price on shares of eBay from $117.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Finally, Susquehanna lifted their target price on shares of eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Fourteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, eBay currently has a consensus rating of “Hold” and an average price target of $110.52.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its eBay stake to nearly 10% (about 43.4 million shares), showing strong conviction and increasing the odds of continued strategic pressure on eBay. Article Title
• Positive Sentiment: Some investors may view the rejected bid and renewed buying as a sign that eBay’s shares could attract further takeover or activist interest, potentially supporting the stock. Article Title
• Neutral Sentiment: Multiple reports confirm the same core development: Ryan Cohen and GameStop expanded their eBay position after eBay’s board rejected a roughly $55.5 billion offer at $125 per share as “neither credible nor attractive.” The details reinforce the takeover narrative, but do not add new business fundamentals. Article Title
• Neutral Sentiment: Commentary framing the situation as an activist campaign rather than a straightforward acquisition suggests the story may create volatility, but the ultimate impact on eBay remains uncertain. Article Title
• Negative Sentiment: eBay’s board rejection of the offer signals management is not receptive to the current proposal, which reduces the chance of an immediate deal and may disappoint takeover traders. Article Title

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.