Munich Reinsurance Co Stock Corp in Munich Takes Position in eBay Inc. $EBAY

Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of eBay Inc. (NASDAQ:EBAYFree Report) during the 3rd quarter, Holdings Channel reports. The firm acquired 98,347 shares of the e-commerce company’s stock, valued at approximately $8,945,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Financial Consulate Inc. bought a new position in eBay during the third quarter worth about $27,000. Steigerwald Gordon & Koch Inc. bought a new stake in eBay in the third quarter valued at approximately $28,000. Sumitomo Mitsui Financial Group Inc. lifted its position in shares of eBay by 155.3% in the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after buying an additional 250 shares during the last quarter. Salomon & Ludwin LLC bought a new position in shares of eBay during the 3rd quarter worth approximately $32,000. Finally, Cloud Capital Management LLC bought a new stake in shares of eBay during the third quarter worth approximately $40,000. 87.48% of the stock is owned by institutional investors.

Insider Activity

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $79.87, for a total transaction of $80,588.83. Following the completion of the sale, the senior vice president directly owned 5,743 shares in the company, valued at $458,693.41. This represents a 14.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s 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 sale, the senior vice president directly owned 5,746 shares in the company, valued at approximately $470,597.40. This represents a 25.05% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 44,593 shares of company stock worth $3,998,870. Insiders own 0.64% of the company’s stock.

eBay Price Performance

Shares of NASDAQ EBAY opened at $92.71 on Friday. The business has a fifty day moving average price of $89.33 and a two-hundred day moving average price of $88.72. The stock has a market capitalization of $41.53 billion, a PE ratio of 21.31, a P/E/G ratio of 1.94 and a beta of 1.38. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15.

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

eBay Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.31 per share. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.3%. eBay’s payout ratio is currently 26.67%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. BMO Capital Markets reiterated an “outperform” rating and set a $120.00 target price on shares of eBay in a research note on Thursday, February 19th. Robert W. Baird upped their price objective on eBay from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Arete Research increased their price objective on eBay from $91.00 to $103.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Citizens Jmp reissued a “market outperform” rating and issued a $115.00 target price on shares of eBay in a research report on Wednesday, January 28th. Finally, Benchmark upped their price target on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Fourteen 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 company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $97.97.

Check Out Our Latest Research Report on eBay

About eBay

(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.

See Also

Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAYFree Report).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Receive News & Ratings for eBay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay and related companies with MarketBeat.com's FREE daily email newsletter.