Korea Investment CORP Has $35.19 Million Position in eBay Inc. $EBAY

Korea Investment CORP cut its stake in shares of eBay Inc. (NASDAQ:EBAY) by 2.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 386,881 shares of the e-commerce company’s stock after selling 7,758 shares during the period. Korea Investment CORP owned about 0.09% of eBay worth $35,187,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EBAY. Invesco Ltd. grew its holdings in shares of eBay by 1.7% during the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after acquiring an additional 140,160 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of eBay by 27.8% during the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after acquiring an additional 1,808,976 shares in the last quarter. Impax Asset Management Group plc raised its holdings in shares of eBay by 7.8% during the second quarter. Impax Asset Management Group plc now owns 3,810,634 shares of the e-commerce company’s stock worth $282,838,000 after acquiring an additional 275,344 shares in the last quarter. ABN AMRO Bank N.V. acquired a new stake in eBay during the second quarter valued at $235,149,000. Finally, Robeco Institutional Asset Management B.V. grew its stake in eBay by 5.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,817,489 shares of the e-commerce company’s stock valued at $256,251,000 after purchasing an additional 157,537 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

NASDAQ:EBAY opened at $92.96 on Tuesday. The firm has a market capitalization of $41.65 billion, a PE ratio of 21.37, a PEG ratio of 1.94 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 current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. The firm’s fifty day simple moving average is $89.43 and its 200 day simple moving average is $88.60.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. The firm had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The business’s revenue was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is currently 28.51%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on EBAY. Morgan Stanley reaffirmed an “overweight” rating and issued a $119.00 target price on shares of eBay in a research report on Thursday, February 19th. Wedbush lifted their price target on eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Friday, February 20th. President Capital lowered their price target on eBay from $103.00 to $94.00 and set a “buy” rating for the company in a research note on Friday, December 19th. UBS Group set a $96.00 price objective on eBay in a report on Thursday, February 19th. Finally, Needham & Company LLC raised their price objective on shares of eBay from $115.00 to $122.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Fourteen 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’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $97.97.

Insiders Place Their Bets

In other news, 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 sale, the senior vice president owned 5,746 shares in the company, valued at approximately $470,597.40. This trade represents a 25.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Julie A. Loeger sold 2,896 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $82.44, for a total transaction of $238,746.24. Following the transaction, the senior vice president directly owned 55,990 shares in the company, valued at $4,615,815.60. This trade represents a 4.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 44,593 shares of company stock worth $3,998,870. Corporate insiders own 0.64% of the company’s stock.

About eBay

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.