United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in eBay Inc. (NASDAQ:EBAY – Free Report) by 147.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 28,200 shares of the e-commerce company’s stock after purchasing an additional 16,800 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in eBay were worth $2,565,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of the business. Munich Reinsurance Co Stock Corp in Munich bought a new stake in eBay during the 3rd quarter valued at $8,945,000. Ameriflex Group Inc. boosted its holdings in shares of eBay by 47.5% in the third quarter. Ameriflex Group Inc. now owns 832 shares of the e-commerce company’s stock worth $76,000 after acquiring an additional 268 shares during the period. First Trust Advisors LP boosted its holdings in shares of eBay by 27.8% in the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after acquiring an additional 1,808,976 shares during the period. HUB Investment Partners LLC grew its position in shares of eBay by 18.2% in the third quarter. HUB Investment Partners LLC now owns 6,391 shares of the e-commerce company’s stock valued at $581,000 after purchasing an additional 986 shares in the last quarter. Finally, Legacy Capital Group California Inc. purchased a new position in shares of eBay in the third quarter valued at $310,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at eBay
In related news, SVP Julie A. Loeger sold 2,896 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $82.44, for a total transaction of $238,746.24. Following the transaction, the senior vice president owned 55,990 shares in the company, valued at $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mazen Rawashdeh sold 1,920 shares of the stock in a transaction on Wednesday, December 17th. The shares were 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. In the last 90 days, insiders sold 44,593 shares of company stock worth $3,998,870. 0.64% of the stock is owned by insiders.
eBay Trading Down 0.4%
eBay (NASDAQ:EBAY – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.35 by $0.06. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, research analysts anticipate that eBay Inc. will post 3.86 EPS 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 given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.3%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, March 6th. eBay’s payout ratio is 26.67%.
Analysts Set New Price Targets
EBAY has been the topic of a number of recent research reports. Wall Street Zen raised eBay from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Benchmark upped their price target on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Bank of America increased their price target on shares of eBay from $100.00 to $102.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Citizens Jmp restated a “market outperform” rating and issued a $115.00 price objective on shares of eBay in a research report on Wednesday, January 28th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $119.00 price objective on shares of eBay in a research note on Thursday, February 19th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $97.97.
View Our Latest Stock Report on eBay
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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