eBay Inc. $EBAY Shares Bought by CIBC Asset Management Inc

CIBC Asset Management Inc grew its position in shares of eBay Inc. (NASDAQ:EBAY) by 59.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 107,761 shares of the e-commerce company’s stock after purchasing an additional 40,296 shares during the quarter. CIBC Asset Management Inc’s holdings in eBay were worth $9,386,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. High Point Wealth Management LLC acquired a new position in shares of eBay during the 4th quarter valued at $26,000. JPL Wealth Management LLC acquired a new position in shares of eBay during the 3rd quarter valued at $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 period. Beacon Financial Strategies CORP acquired a new position in shares of eBay during the 4th quarter valued at $28,000. Finally, Eagle Bay Advisors LLC acquired a new position in shares of eBay during the 4th quarter valued at $33,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Price Performance

NASDAQ EBAY opened at $109.35 on Friday. eBay Inc. has a fifty-two week low of $72.84 and a fifty-two week high of $119.31. The stock’s 50-day moving average is $104.60 and its two-hundred day moving average is $93.47. 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 firm has a market cap of $48.55 billion, a P/E ratio of 24.80, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating 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 company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same period last year, the company earned $1.38 earnings per share. The business’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, May 29th. eBay’s dividend payout ratio (DPR) is 28.12%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research report on Sunday, April 26th. BMO Capital Markets lifted their target price on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Needham & Company LLC restated a “buy” rating and issued a $122.00 target price on shares of eBay in a report on Thursday, April 30th. UBS Group lifted their target price on eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, Cantor Fitzgerald lifted their target price on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $107.84.

Insider Buying and Selling

In other eBay news, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the transaction, the senior vice president directly owned 94,479 shares in the company, valued at $8,733,638.76. This trade represents a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the transaction, the senior vice president owned 29,217 shares in the company, valued at approximately $3,419,557.68. This trade represents a 63.12% 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. Insiders have sold 136,953 shares of company stock valued at $14,139,444 in the last three months. 0.64% of the stock is currently owned by corporate 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.