R Squared Ltd Takes Position in eBay Inc. $EBAY

R Squared Ltd bought a new stake in shares of eBay Inc. (NASDAQ:EBAYFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 7,561 shares of the e-commerce company’s stock, valued at approximately $688,000.

A number of other institutional investors and hedge funds have also modified their holdings of EBAY. Vanguard Group Inc. raised its holdings in shares of eBay by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after acquiring an additional 468,833 shares during the last quarter. Invesco Ltd. boosted its stake 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 worth $785,722,000 after acquiring an additional 692,805 shares during the last quarter. Independent Franchise Partners LLP boosted its stake in shares of eBay by 5.2% in 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 acquiring an additional 384,570 shares during the last quarter. Legal & General Group Plc increased its position in shares of eBay by 2.8% during the third quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock worth $478,687,000 after purchasing an additional 141,057 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its position in shares of eBay by 47.5% during the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after purchasing an additional 1,167,019 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

EBAY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on eBay in a report on Monday, May 4th. Citigroup increased their target price on shares of eBay from $114.00 to $127.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. UBS Group boosted their price target on shares of eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Barclays increased their price objective on shares of eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Stifel Nicolaus set a $98.00 target price on shares of eBay in a research note on Thursday, April 30th. Thirteen equities research 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, eBay presently has a consensus rating of “Hold” and an average target price of $108.61.

Read Our Latest Research Report on EBAY

Insider Activity

In other news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. This represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 dated 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 $30,707,556.36. The trade was a 3.81% 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 77,015 shares of company stock valued at $8,704,416 in the last quarter. Insiders own 0.67% of the company’s stock.

eBay Trading Up 0.5%

Shares of NASDAQ EBAY traded up $0.52 during midday trading on Tuesday, reaching $114.19. 643,384 shares of the stock were exchanged, compared to its average volume of 5,197,036. The stock has a market capitalization of $50.70 billion, a P/E ratio of 25.94, a PEG ratio of 2.53 and a beta of 1.37. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The company has a 50 day simple moving average of $109.71 and a 200 day simple moving average of $97.55. eBay Inc. has a twelve month low of $75.12 and a twelve month high of $119.31.

eBay (NASDAQ:EBAYGet Free Report) last released 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 firm had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Announces Dividend

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

eBay Company Profile

(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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