eBay Inc. $EBAY Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP boosted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 59.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 258,393 shares of the e-commerce company’s stock after purchasing an additional 96,376 shares during the quarter. Wellington Management Group LLP’s holdings in eBay were worth $28,875,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new position in eBay in the 2nd quarter valued at $4,406,897,000. Invesco Ltd. grew its holdings in shares of eBay by 8.3% in the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after purchasing an additional 692,805 shares during the period. Independent Franchise Partners LLP increased 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 worth $674,866,000 after purchasing an additional 384,570 shares during the last quarter. Dimensional Fund Advisors LP increased its position in eBay by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock worth $446,042,000 after purchasing an additional 80,450 shares during the last quarter. Finally, Legal & General Group Plc purchased a new position in eBay during the second quarter worth about $506,653,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

EBAY has been the topic of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $127.00 target price on shares of eBay in a report on Thursday, August 6th. Susquehanna restated a “neutral” rating on shares of eBay in a report on Friday, August 7th. Rosenblatt Securities began coverage on shares of eBay in a research report on Thursday, August 20th. They issued a “buy” rating and a $120.00 target price on the stock. Mizuho set a $110.00 target price on shares of eBay in a research note on Thursday, August 6th. Finally, Daiwa Securities Group lifted their target price on shares of eBay from $90.00 to $114.00 in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $117.24.

eBay Stock Down 2.3%

Shares of NASDAQ EBAY opened at $103.41 on Friday. The stock has a market cap of $46.02 billion, a P/E ratio of 21.41, a PEG ratio of 2.81 and a beta of 1.34. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $119.31. The business’s fifty day simple moving average is $109.47 and its 200-day simple moving average is $103.61.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the previous year, the firm posted $1.37 EPS. eBay’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, equities analysts predict that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio is presently 25.67%.

Insider Activity at eBay

In other eBay news, SVP Jordan Sweetnam sold 1,014 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the sale, the senior vice president directly owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This represents a 2.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 26,016 shares of company stock valued at $2,870,341 over the last 90 days. 0.67% of the stock is owned by corporate insiders.

About eBay

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.