Legal & General Group Plc Purchases 141,057 Shares of eBay Inc. $EBAY

Legal & General Group Plc lifted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,263,191 shares of the e-commerce company’s stock after buying an additional 141,057 shares during the period. Legal & General Group Plc owned about 1.16% of eBay worth $478,687,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in EBAY. ABN AMRO Bank N.V. purchased a new stake in shares of eBay in the second quarter valued at about $235,149,000. Arrowstreet Capital Limited Partnership boosted its holdings in eBay by 1,007.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock worth $163,058,000 after purchasing an additional 1,992,116 shares during the last quarter. First Trust Advisors LP grew its position in eBay by 27.8% in 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 purchasing an additional 1,808,976 shares in the last quarter. M&G PLC grew its position in eBay by 88.8% in the 2nd quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock worth $206,142,000 after purchasing an additional 1,310,373 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its stake in eBay by 1,416.4% in the 2nd quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock valued at $61,949,000 after buying an additional 777,109 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

eBay stock opened at $90.86 on Wednesday. The company has a market capitalization of $40.71 billion, a PE ratio of 20.89, a P/E/G ratio of 1.94 and a beta of 1.38. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The firm has a fifty day simple moving average of $89.51 and a two-hundred day simple moving average of $88.54. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. The business had revenue of $2.97 billion for 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 was up 15.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from eBay’s previous quarterly dividend of $0.29. eBay’s payout ratio is presently 28.51%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Daiwa Securities Group boosted their target price on eBay from $84.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. UBS Group set a $96.00 price target on eBay in a research report on Thursday, February 19th. Stifel Nicolaus boosted their target price on shares of eBay from $88.00 to $94.00 and gave the company a “hold” rating in a research note on Thursday, February 19th. Jefferies Financial Group cut their price target on eBay from $65.00 to $60.00 and set an “underperform” rating for the company in a research note on Monday, February 23rd. Finally, Wedbush raised their price objective on shares of eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $97.97.

Insider Buying and Selling

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of eBay stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $79.87, for a total value of $80,588.83. Following the completion of the sale, the senior vice president directly owned 5,743 shares in the company, valued at $458,693.41. The trade was a 14.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Julie A. Loeger sold 2,896 shares of the business’s stock in a transaction 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 sale, the senior vice president owned 55,990 shares of the company’s stock, valued at approximately $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 44,593 shares of company stock valued at $3,998,870. Insiders own 0.64% of the company’s stock.

eBay Company 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.