11,100 Shares in eBay Inc. $EBAY Purchased by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc bought a new position in shares of eBay Inc. (NASDAQ:EBAYFree Report) during the third quarter, Holdings Channel reports. The fund bought 11,100 shares of the e-commerce company’s stock, valued at approximately $981,000.

Several other hedge funds have also made changes to their positions in EBAY. ABN AMRO Bank N.V. purchased a new stake in shares of eBay during the 2nd quarter valued at approximately $235,149,000. Arrowstreet Capital Limited Partnership increased its stake in eBay by 1,007.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock worth $163,058,000 after acquiring an additional 1,992,116 shares during the last quarter. M&G PLC raised its position in eBay by 88.8% in the second quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock valued at $206,142,000 after purchasing an additional 1,310,373 shares during the period. Panagora Asset Management Inc. lifted its stake in shares of eBay by 1,416.4% in the 2nd quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock valued at $61,949,000 after purchasing an additional 777,109 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of eBay by 236.9% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock valued at $81,226,000 after purchasing an additional 628,023 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

Analyst Ratings Changes

A number of analysts recently issued reports on EBAY shares. Cantor Fitzgerald reissued a “neutral” rating and set a $90.00 price objective on shares of eBay in a research report on Thursday, February 19th. TD Cowen reaffirmed a “hold” rating on shares of eBay in a research note on Wednesday, February 18th. Morgan Stanley reiterated an “overweight” rating and set a $119.00 price target on shares of eBay in a research report on Thursday, February 19th. BNP Paribas Exane upped their price objective on shares of eBay from $90.00 to $97.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Finally, Evercore increased their price objective on shares of eBay from $93.00 to $94.00 in a research report on Thursday, February 19th. Fourteen investment 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. Based on data from MarketBeat, eBay currently has an average rating of “Hold” and an average price target of $97.75.

Read Our Latest Report on eBay

Insider Buying and Selling

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $79.87, for a total value of $80,588.83. Following the sale, the senior vice president directly owned 5,743 shares in the company, valued at approximately $458,693.41. This trade represents a 14.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mazen Rawashdeh sold 1,920 shares of eBay stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total value of $157,248.00. Following the completion of the transaction, the senior vice president owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. This trade represents a 25.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,593 shares of company stock worth $3,998,870 over the last ninety days. Insiders own 0.64% of the company’s stock.

eBay Stock Up 3.0%

Shares of NASDAQ:EBAY opened at $87.90 on Friday. The firm has a market capitalization of $39.38 billion, a PE ratio of 20.21, a price-to-earnings-growth ratio of 1.78 and a beta of 1.38. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. The firm’s 50-day moving average is $88.54 and its two-hundred day moving average is $89.11.

eBay (NASDAQ:EBAYGet Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the firm posted $1.25 earnings per share. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.4%. This is a positive change from eBay’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, March 6th. eBay’s payout ratio is presently 26.67%.

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.

Further Reading

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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