eBay Inc. $EBAY Position Increased by California Public Employees Retirement System

California Public Employees Retirement System grew its position in eBay Inc. (NASDAQ:EBAYFree Report) by 7.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 944,008 shares of the e-commerce company’s stock after buying an additional 67,362 shares during the quarter. California Public Employees Retirement System’s holdings in eBay were worth $85,858,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Financial Consulate Inc. purchased a new stake in shares of eBay in the 3rd quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. purchased a new position in eBay during the 3rd quarter worth approximately $28,000. Sumitomo Mitsui Financial Group Inc. raised its stake in eBay by 155.3% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after purchasing an additional 250 shares during the period. Salomon & Ludwin LLC purchased a new stake in shares of eBay in the third quarter valued at $32,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of eBay in the third quarter valued at $40,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the transaction, the senior vice president owned 91,921 shares in the company, valued at $7,715,848.74. This represents a 4.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $79.87, for a total transaction of $80,588.83. Following the transaction, the senior vice president owned 5,743 shares in the company, valued at $458,693.41. This represents a 14.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 41,697 shares of company stock valued at $3,760,124 over the last ninety days. Corporate insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on EBAY shares. Barclays lowered their price target on eBay from $105.00 to $104.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a research note on Monday, December 29th. President Capital decreased their price objective on eBay from $103.00 to $94.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Stifel Nicolaus upped their target price on eBay from $88.00 to $94.00 and gave the company a “hold” rating in a report on Thursday, February 19th. Finally, TD Cowen reissued a “hold” rating on shares of eBay in a research report on Wednesday, February 18th. Fourteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, eBay currently has an average rating of “Hold” and an average target price of $97.97.

Read Our Latest Stock Report on eBay

eBay Price Performance

EBAY opened at $91.41 on Tuesday. The stock has a fifty day moving average price of $89.76 and a 200 day moving average price of $88.44. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The stock has a market cap of $40.95 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.91 and a beta of 1.38.

eBay (NASDAQ:EBAYGet Free Report) last posted its quarterly 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. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period last year, the business earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Increases Dividend

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

About eBay

(Free Report)

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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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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