Cim Investment Management Inc. Has $1.39 Million Position in eBay Inc. $EBAY

Key Points

• Cim Investment Management cut its eBay stake by 50.6% in Q3, selling 15,690 shares and retaining 15,297 shares worth approximately $1.39 million.
• eBay beat quarterly estimates with $1.41 EPS versus $1.35 expected and $2.97B revenue (up 15% Y/Y), set Q1 2026 guidance of $1.53–$1.59 EPS, and raised its quarterly dividend to $0.31 per share.
• Insider selling has been notable—39,777 shares (~$3.6M) sold over the past 90 days (insiders now own 0.64%) while institutional investors hold about 87.5% of the stock.

Cim Investment Management Inc. cut its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 50.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,297 shares of the e-commerce company's stock after selling 15,690 shares during the quarter. Cim Investment Management Inc.'s holdings in eBay were worth $1,391,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Financial Consulate Inc. bought a new position in shares of eBay during the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of eBay in the 3rd quarter valued at $28,000. JPL Wealth Management LLC bought a new stake in eBay in the third quarter worth $28,000. Salomon & Ludwin LLC acquired a new position in eBay during the third quarter worth $32,000. Finally, Sumitomo Mitsui Financial Group Inc. increased its position in eBay by 155.3% during the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company's stock worth $30,000 after buying an additional 250 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

Insider Transactions at eBay

In related news, SVP Cornelius Boone sold 4,462 shares of the company's stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the sale, the senior vice president owned 91,921 shares in the company, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $91.99, for a total value of $3,076,237.59. Following the transaction, the senior vice president directly owned 4,733 shares of the company's stock, valued at $435,388.67. This trade represents a 87.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 39,777 shares of company stock valued at $3,602,876. Company insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Stifel Nicolaus boosted their price target on eBay from $88.00 to $94.00 and gave the stock a "hold" rating in a research report on Thursday, February 19th. Morgan Stanley reissued an "overweight" rating and set a $119.00 price objective on shares of eBay in a report on Thursday, February 19th. Arete Research raised their price objective on eBay from $91.00 to $103.00 and gave the company a "neutral" rating in a research note on Thursday, January 15th. UBS Group set a $96.00 target price on eBay in a report on Thursday, February 19th. Finally, Evercore upped their target price on eBay from $93.00 to $94.00 in a research report on Thursday, February 19th. Fourteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, eBay presently has an average rating of "Hold" and a consensus target price of $97.97.

eBay Trading Up 2.4%

NASDAQ EBAY opened at $93.61 on Wednesday. eBay Inc. has a 52 week low of $58.71 and a 52 week high of $101.15. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. The stock's 50 day moving average price is $89.81 and its two-hundred day moving average price is $88.46. The stock has a market capitalization of $41.94 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 1.91 and a beta of 1.38.

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

eBay Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be given 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 annualized dividend and a yield of 1.3%. eBay's payout ratio is presently 28.51%.

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.

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