Pacer Advisors Inc. Boosts Holdings in eBay Inc. $EBAY

Pacer Advisors Inc. raised its stake in shares of eBay Inc. (NASDAQ:EBAY) by 3,248.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,256,975 shares of the e-commerce company’s stock after acquiring an additional 1,219,439 shares during the period. Pacer Advisors Inc.’s holdings in eBay were worth $109,483,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Robeco Institutional Asset Management B.V. boosted its position in eBay by 4.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock worth $255,294,000 after purchasing an additional 113,553 shares in the last quarter. Allworth Financial LP raised its stake in shares of eBay by 62.6% during the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after buying an additional 8,899 shares during the period. North Dakota State Investment Board purchased a new position in shares of eBay during the 4th quarter valued at approximately $1,809,000. Jain Global LLC acquired a new stake in eBay in the 3rd quarter valued at $8,220,000. Finally, Jag Capital Management LLC increased its holdings in eBay by 2,181.0% in the 3rd quarter. Jag Capital Management LLC now owns 120,804 shares of the e-commerce company’s stock worth $10,987,000 after acquiring an additional 115,508 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on EBAY. Robert W. Baird increased their price objective on shares of eBay from $105.00 to $117.00 in a report on Thursday, April 30th. Wedbush raised their price target on shares of eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Wells Fargo & Company boosted their price objective on eBay from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Sanford C. Bernstein raised their target price on eBay from $95.00 to $100.00 and gave the company a “market perform” rating in a research report on Wednesday, May 20th. Finally, Bank of America lifted their price target on eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Thirteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $107.84.

eBay Stock Up 0.3%

Shares of NASDAQ:EBAY opened at $108.24 on Friday. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31. The stock has a market cap of $48.06 billion, a P/E ratio of 24.54, a PEG ratio of 2.40 and a beta of 1.39. The business has a fifty day moving average of $107.50 and a two-hundred day moving average of $95.24. 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 (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts expect that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s payout ratio is presently 28.12%.

Insider Activity

In related news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the transaction, the senior vice president directly owned 34,533 shares in the company, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the sale, the chief executive officer directly owned 280,204 shares of the company’s stock, valued at approximately $30,707,556.36. This trade represents a 3.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 98,015 shares of company stock valued at $10,749,186 in the last 90 days. Company insiders own 0.67% of the company’s stock.

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.