eBay Inc. $EBAY Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its position in eBay Inc. (NASDAQ:EBAY) by 9.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,288 shares of the e-commerce company’s stock after buying an additional 7,066 shares during the period. Ritholtz Wealth Management’s holdings in eBay were worth $7,217,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EBAY. Robeco Institutional Asset Management B.V. increased its stake in eBay by 4.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after purchasing an additional 113,553 shares in the last quarter. Allworth Financial LP raised its holdings in eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after purchasing an additional 8,899 shares during the last quarter. North Dakota State Investment Board purchased a new stake in eBay during the fourth quarter worth $1,809,000. Jain Global LLC purchased a new stake in eBay during the third quarter worth $8,220,000. Finally, Jag Capital Management LLC grew its holdings in eBay by 2,181.0% in the third quarter. Jag Capital Management LLC now owns 120,804 shares of the e-commerce company’s stock valued at $10,987,000 after purchasing an additional 115,508 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EBAY. Cantor Fitzgerald lifted their price target on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Arete Research cut their target price on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Piper Sandler reaffirmed an “overweight” rating and issued a $115.00 price target (up from $105.00) on shares of eBay in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on shares of eBay in a research report on Monday, May 4th. Finally, Daiwa Securities Group lifted their price objective on eBay from $90.00 to $114.00 in a research report on Monday, May 11th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, eBay currently has an average rating of “Hold” and an average price target of $107.84.

eBay Stock Performance

NASDAQ EBAY opened at $109.47 on Thursday. The business’s 50-day moving average price is $108.41 and its 200 day moving average price is $95.96. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a twelve month low of $72.84 and a twelve month high of $119.31. The company has a market capitalization of $48.60 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 2.38 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts predict that eBay Inc. will post 4.91 earnings per share for the current year.

eBay Dividend Announcement

The business 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 yield of 1.1%. eBay’s dividend payout ratio is 28.12%.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Ryan Cohen said he is not backing away from his eBay pursuit, and GameStop reiterated plans to outline the strategic rationale for a combined company, which keeps takeover speculation alive. Reuters article
• Positive Sentiment: GameStop reportedly scrapped Cohen’s proposed $35 billion performance award so he can focus on operations and the eBay acquisition effort, signaling that the bid is still a top priority for management. Proactive Investors article
• Neutral Sentiment: News flow is mostly about GameStop’s campaign to buy eBay rather than any change in eBay’s fundamentals, earnings, or guidance, so the stock reaction is being driven by takeover speculation rather than operating results. Yahoo Finance article
• Negative Sentiment: The acquisition remains unsolicited and uncertain, and the repeated headlines may also highlight potential execution, regulatory, and financing risks that could limit upside if investors start to doubt the bid. 247WallSt article

Insiders Place Their Bets

In other news, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the sale, the senior vice president directly owned 29,217 shares of the company’s stock, valued at $3,419,557.68. The trade was a 63.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the sale, the chief executive officer owned 352,653 shares of the company’s stock, valued at approximately $34,337,822.61. The trade was a 5.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 98,015 shares of company stock valued at $10,749,186 over the last quarter. Company insiders own 0.67% of the company’s stock.

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.