ProShare Advisors LLC Has $14.33 Million Stock Position in eBay Inc. $EBAY

ProShare Advisors LLC lifted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 164,550 shares of the e-commerce company’s stock after acquiring an additional 4,902 shares during the period. ProShare Advisors LLC’s holdings in eBay were worth $14,332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Allianz Asset Management GmbH grew its holdings in shares of eBay by 10.9% during the third quarter. Allianz Asset Management GmbH now owns 2,459,405 shares of the e-commerce company’s stock worth $223,683,000 after buying an additional 242,168 shares in the last quarter. Independent Advisor Alliance lifted its stake in eBay by 407.8% in the 3rd quarter. Independent Advisor Alliance now owns 26,469 shares of the e-commerce company’s stock valued at $2,407,000 after acquiring an additional 21,257 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in eBay by 30.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 181,787 shares of the e-commerce company’s stock worth $16,534,000 after acquiring an additional 42,048 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of eBay by 4.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock worth $255,294,000 after acquiring an additional 113,553 shares in the last quarter. Finally, Northstar Advisory Group LLC grew its stake in shares of eBay by 31.6% during the 3rd quarter. Northstar Advisory Group LLC now owns 59,129 shares of the e-commerce company’s stock worth $5,378,000 after acquiring an additional 14,204 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction on Monday, April 6th. The shares were sold at an average price of $97.37, for a total transaction of $2,044,770.00. Following the completion of the transaction, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at $34,337,822.61. The trade was a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were 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 owned 42,948 shares in the company, valued at approximately $3,970,113.12. This represents a 23.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 86,953 shares of company stock valued at $8,287,444 over the last 90 days. 0.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on EBAY shares. Citigroup increased their target price on shares of eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Jefferies Financial Group boosted their price target on shares of eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. Sanford C. Bernstein increased their price objective on shares of eBay from $95.00 to $100.00 and gave the stock a “market perform” rating in a research note on Wednesday. Wells Fargo & Company raised their price objective on eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 target price on eBay in a research report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $107.90.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop increased its eBay stake to about 6.55%-6.6%, signaling continued takeover pressure and keeping merger/acquisition speculation alive. Reuters: GameStop increases stake in eBay to more than 6%
• Positive Sentiment: Sanford C. Bernstein raised its price target on eBay to $100 from $95, showing analysts still see value in the stock despite the takeover noise. MarketScreener: Bernstein adjusts price target on eBay

eBay Stock Up 4.1%

eBay stock opened at $118.96 on Thursday. 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’s 50-day moving average is $99.54 and its 200-day moving average is $91.15. The firm has a market capitalization of $52.82 billion, a PE ratio of 26.98, a P/E/G ratio of 2.54 and a beta of 1.39. eBay Inc. has a fifty-two week low of $71.00 and a fifty-two week high of $119.31.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The business had revenue of $3.09 billion during 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%.eBay’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter last year, the company posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Sell-side analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 29th. eBay’s payout ratio is currently 28.12%.

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.