Sei Investments Co. Purchases 262,339 Shares of eBay Inc. $EBAY

Sei Investments Co. increased its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 25.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,281,587 shares of the e-commerce company’s stock after acquiring an additional 262,339 shares during the quarter. Sei Investments Co.’s holdings in eBay were worth $116,649,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of EBAY. Cedar Mountain Advisors LLC increased its holdings in shares of eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 156 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in shares of eBay in the first quarter valued at approximately $26,000. Abound Financial LLC bought a new stake in shares of eBay in the fourth quarter valued at approximately $26,000. High Point Wealth Management LLC acquired a new stake in eBay during the fourth quarter worth approximately $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in eBay during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of recent research reports. Citizens Jmp raised their price objective on eBay from $120.00 to $125.00 and gave the stock a “market outperform” rating in a research note on Tuesday, July 14th. Jefferies Financial Group upped their target price on eBay from $65.00 to $75.00 and gave the company an “underperform” rating in a research report on Tuesday, July 14th. BNP Paribas Exane increased their target price on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Susquehanna raised their price target on eBay from $95.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Evercore set a $96.00 price target on eBay in a research note on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $110.52.

Get Our Latest Stock Report on eBay

eBay Stock Down 1.5%

Shares of EBAY opened at $109.32 on Friday. eBay Inc. has a one year low of $77.12 and a one year high of $119.31. The company has a market cap of $48.54 billion, a P/E ratio of 24.79, a P/E/G ratio of 2.44 and a beta of 1.37. 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 50 day simple moving average of $111.65 and a two-hundred day simple moving average of $100.13.

eBay (NASDAQ:EBAYGet Free Report) last issued its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter last year, the business posted $1.38 EPS. The company’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. Research analysts forecast that eBay Inc. will post 4.89 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio (DPR) is 28.12%.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of eBay stock in a transaction dated Friday, May 22nd. The stock was 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 $3,419,557.68. The trade was a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the transaction, the chief executive officer directly owned 275,431 shares of the company’s stock, valued at approximately $31,214,595.23. The trade was a 3.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 76,012 shares of company stock worth $8,747,852 over the last 90 days. Insiders own 0.67% of the company’s stock.

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

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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