ING Groep NV Purchases Shares of 23,462 eBay Inc. $EBAY

ING Groep NV purchased a new stake in eBay Inc. (NASDAQ:EBAYFree Report) during the 4th quarter, Holdings Channel.com reports. The firm purchased 23,462 shares of the e-commerce company’s stock, valued at approximately $2,044,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. MCF Advisors LLC increased its position in shares of eBay by 112.7% in the fourth quarter. MCF Advisors LLC now owns 2,053 shares of the e-commerce company’s stock valued at $179,000 after acquiring an additional 1,088 shares during the last quarter. Pinebridge Investments LLC acquired a new stake in shares of eBay in the fourth quarter valued at about $8,193,000. PBU The Pension Fund of Early Childhood & Youth Educators acquired a new stake in shares of eBay in the fourth quarter valued at about $9,363,000. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of eBay by 10.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 75,024 shares of the e-commerce company’s stock valued at $6,535,000 after acquiring an additional 7,000 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of eBay by 1.6% in the fourth quarter. Parallel Advisors LLC now owns 8,336 shares of the e-commerce company’s stock valued at $726,000 after acquiring an additional 133 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insiders Place Their Bets

In other eBay news, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the transaction, the senior vice president owned 94,479 shares of the company’s stock, valued at $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,199,686.32. Following the transaction, the senior vice president directly owned 42,948 shares in the company, valued at approximately $3,970,113.12. This trade represents a 23.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 148,063 shares of company stock worth $15,356,989 in the last three months. 0.64% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on EBAY. BNP Paribas Exane lifted their target price on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft set a $124.00 target price on eBay in a research report on Monday, May 4th. Daiwa Securities Group lifted their target price on eBay from $90.00 to $114.00 in a research report on Monday, May 11th. Bank of America lifted their target price on eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company lifted their target price on eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Thirteen equities 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 data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $107.84.

Check Out Our Latest Stock Report on eBay

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

eBay Price Performance

Shares of NASDAQ EBAY opened at $108.66 on Wednesday. The business’s 50 day moving average price is $105.40 and its two-hundred day moving average price is $93.93. The company has a market cap of $48.25 billion, a PE ratio of 24.64, a price-to-earnings-growth ratio of 2.41 and a beta of 1.39. The company has a quick ratio of 1.22, a current 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.

eBay (NASDAQ:EBAYGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts predict that eBay Inc. will post 4.83 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s payout ratio is 28.12%.

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.

Featured Stories

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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