OMERS ADMINISTRATION Corp Takes Position in eBay Inc. $EBAY

OMERS ADMINISTRATION Corp bought a new position in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 727,427 shares of the e-commerce company’s stock, valued at approximately $81,290,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in shares of eBay by 62.6% in the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after purchasing an additional 8,899 shares during the last quarter. North Dakota State Investment Board purchased a new position in eBay during the 4th quarter worth approximately $1,809,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay in the fourth quarter valued at approximately $9,368,000. Jefferies Financial Group Inc. purchased a new position in shares of eBay during the fourth quarter worth approximately $1,209,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in shares of eBay by 904.3% during the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 283,215 shares of the e-commerce company’s stock worth $24,668,000 after acquiring an additional 255,015 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EBAY. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a report on Friday, August 7th. Daiwa Securities Group increased their price target on shares of eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Barclays raised their price objective on shares of eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Citizens Jmp lowered shares of eBay from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 4th. Finally, Argus raised shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.24.

eBay Stock Performance

NASDAQ:EBAY opened at $104.13 on Monday. The firm has a market cap of $46.34 billion, a P/E ratio of 21.56, a PEG ratio of 2.51 and a beta of 1.37. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock’s 50 day simple moving average is $110.12 and its 200-day simple moving average is $102.37. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $119.31.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same period last year, the company earned $1.37 earnings per share. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities analysts anticipate that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Insider Buying and Selling at eBay

In related news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the sale, the chief executive officer owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the transaction, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% 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. Over the last quarter, insiders sold 37,126 shares of company stock valued at $4,087,886. 0.67% of the stock is owned by company insiders.

eBay Company 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.