eBay Inc. $EBAY Shares Bought by California Public Employees Retirement System

Key Points

• California Public Employees Retirement System raised its stake in eBay by 7.7% to 944,008 shares (worth about $85.9 million), and institutional investors now own roughly 87.48% of the company.
• eBay beat quarterly expectations with EPS of $1.41 versus $1.35 expected and revenue of $2.97 billion (up 15% year-over-year), and set Q1 2026 guidance of $1.53–$1.59 EPS.
• eBay increased its quarterly dividend to $0.31 (annualized $1.24) for a yield of about 1.4%, with an ex-dividend date of March 6 and payment on March 20.

California Public Employees Retirement System raised its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 7.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 944,008 shares of the e-commerce company's stock after purchasing an additional 67,362 shares during the period. California Public Employees Retirement System owned 0.21% of eBay worth $85,858,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of EBAY. Empower Advisory Group LLC increased its holdings in eBay by 3.5% in the second quarter. Empower Advisory Group LLC now owns 4,566 shares of the e-commerce company's stock valued at $340,000 after buying an additional 153 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in eBay by 3.2% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 113,063 shares of the e-commerce company's stock worth $8,419,000 after purchasing an additional 3,522 shares during the last quarter. Creative Planning lifted its position in shares of eBay by 14.6% in the 2nd quarter. Creative Planning now owns 102,138 shares of the e-commerce company's stock worth $7,605,000 after buying an additional 12,999 shares during the last quarter. Ontario Teachers Pension Plan Board lifted its holdings in eBay by 51.0% in the second quarter. Ontario Teachers Pension Plan Board now owns 16,124 shares of the e-commerce company's stock worth $1,201,000 after acquiring an additional 5,444 shares during the last quarter. Finally, MTM Investment Management LLC bought a new stake in shares of eBay in the 2nd quarter worth approximately $122,000. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Trading Up 0.1%

Shares of eBay stock opened at $91.41 on Tuesday. The business has a fifty day simple moving average of $89.76 and a 200-day simple moving average of $88.44. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. The firm has a market cap of $40.95 billion, a price-to-earnings ratio of 21.01, a price-to-earnings-growth ratio of 1.91 and a beta of 1.38. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.

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

eBay Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.24 annualized dividend and a dividend yield of 1.4%. This is an increase from eBay's previous quarterly dividend of $0.29. eBay's dividend payout ratio is presently 28.51%.

Insider Buying and Selling

In related news, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the sale, the senior vice president directly owned 91,921 shares of the company's stock, valued at $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm's stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the sale, the senior vice president owned 5,746 shares of the company's stock, valued at $470,597.40. The trade was a 25.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 41,697 shares of company stock worth $3,760,124 in the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wall Street Zen raised shares of eBay from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Morgan Stanley restated an "overweight" rating and set a $119.00 price objective on shares of eBay in a research note on Thursday, February 19th. Piper Sandler reaffirmed an "overweight" rating and issued a $105.00 price objective (up from $98.00) on shares of eBay in a report on Thursday, February 19th. Citizens Jmp reiterated a "market outperform" rating and issued a $115.00 target price on shares of eBay in a research report on Wednesday, January 28th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of eBay in a research report on Thursday, February 19th. Fourteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $97.97.

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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