Arbejdsmarkedets Tillaegspension Makes New Investment in eBay Inc. $EBAY

Arbejdsmarkedets Tillaegspension bought a new position in eBay Inc. (NASDAQ:EBAY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 277,255 shares of the e-commerce company’s stock, valued at approximately $24,149,000.

Other hedge funds have also bought and sold shares of the company. High Point Wealth Management LLC purchased a new stake in shares of eBay during the 4th quarter valued at about $26,000. JPL Wealth Management LLC purchased a new stake in shares of eBay during the 3rd quarter valued at about $28,000. JFS Wealth Advisors LLC increased its position in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares during the last quarter. Beacon Financial Strategies CORP purchased a new stake in shares of eBay during the 4th quarter valued at about $28,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of eBay during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Trading Up 0.2%

EBAY stock opened at $113.24 on Friday. eBay Inc. has a 1-year low of $69.41 and a 1-year high of $113.73. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market capitalization of $50.28 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 2.51 and a beta of 1.39. The business has a 50 day simple moving average of $97.66 and a two-hundred day simple moving average of $90.57.

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

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders 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 dividend yield of 1.1%. The ex-dividend date is Friday, May 29th. eBay’s dividend payout ratio is currently 28.12%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of eBay in a research report on Thursday, February 19th. Citizens Jmp upped their price target on shares of eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a research report on Friday, May 1st. President Capital upped their price target on shares of eBay from $94.00 to $102.00 and gave the company a “buy” rating in a research report on Tuesday, March 31st. Stifel Nicolaus set a $98.00 price target on shares of eBay in a research report on Thursday, April 30th. Finally, Bank of America boosted their price objective on eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $107.58.

Insider Transactions at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the 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 $1,199,686.32. Following the completion of the transaction, the senior vice president directly owned 42,948 shares in the company, valued at approximately $3,970,113.12. This represents a 23.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jamie Iannone sold 21,000 shares of the stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the transaction, the chief executive officer owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This represents a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 86,952 shares of company stock valued at $8,251,267 over the last quarter. 0.64% of the stock is owned by insiders.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Citi raised its price target on eBay to $127 from $114 and kept a Buy rating, citing better execution and continued momentum in the company’s targeted growth categories. Citi Hikes eBay Price Target to $127: Better Execution Drives Q1 Beat
• Positive Sentiment: Rothschild & Co Redburn also lifted its price target on eBay to $115 from $100, signaling that Wall Street sees some upside even after the recent run-up. Rothschild & Co Redburn Adjusts Price Target on eBay
• Neutral Sentiment: eBay rejected GameStop CEO Ryan Cohen’s unsolicited $56 billion takeover proposal, calling it “neither credible nor attractive,” but the high-profile bid has increased investor attention on the stock and sparked speculation about possible shareholder pressure or other strategic alternatives. Ryan Cohen says eBay directors should not dismiss his proposal without engaging
• Neutral Sentiment: Several follow-up reports show Cohen continuing to push for a shareholder vote, but eBay’s board has not shown interest in reopening talks, so the takeover storyline remains more of a market-moving headline than a clear deal catalyst. eBay Soundly Rejects GameStop’s Acquisition Bid

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.