Strs Ohio Buys 15,007 Shares of eBay Inc. $EBAY

Key Points

• Strs Ohio boosted its stake in eBay by 11.4%, buying an additional 15,007 shares in Q4 to hold 147,021 shares valued at about $12.8 million.
• eBay beat Q1 estimates with $1.66 EPS (vs. $1.58 expected) and $3.09 billion revenue (up 19.5% YoY), and set Q2 guidance of $1.09–$1.14 per share.
• GameStop submitted an unsolicited $125 per share takeover proposal (50/50 cash-and-stock); eBay’s board is reviewing the offer, which has boosted trading but prompted concerns about financing, dilution and deal feasibility.

Strs Ohio boosted its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 11.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 147,021 shares of the e-commerce company's stock after buying an additional 15,007 shares during the quarter. Strs Ohio's holdings in eBay were worth $12,806,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. High Point Wealth Management LLC bought a new stake in shares of eBay in the 4th quarter valued at $26,000. Financial Consulate Inc. bought a new position in eBay during the third quarter worth $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in eBay in the third quarter valued at $28,000. Beacon Financial Strategies CORP acquired a new position in eBay in the fourth quarter valued at $28,000. Finally, JFS Wealth Advisors LLC boosted its position in eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company's stock valued at $28,000 after acquiring an additional 116 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $100.36, for a total value of $1,215,660.68. Following the transaction, the senior vice president owned 30,835 shares in the company, valued at $3,094,600.60. This trade represents a 28.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the transaction, the chief executive officer directly owned 352,653 shares in the company, valued at approximately $34,337,822.61. The trade was a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 86,952 shares of company stock worth $8,251,267. 0.64% of the stock is currently owned by insiders.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $109.33 on Tuesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a twelve month low of $67.87 and a twelve month high of $111.38. The stock's 50 day moving average is $94.21 and its 200-day moving average is $89.73. The firm has a market capitalization of $48.54 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 2.28 and a beta of 1.39.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay's revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Sell-side analysts forecast that eBay Inc. will post 4.89 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. eBay's payout ratio is presently 28.12%.

Wall Street Analysts Forecast Growth

EBAY has been the subject of a number of recent analyst reports. Truist Financial increased their price target on eBay from $94.00 to $105.00 and gave the stock a "hold" rating in a report on Monday. JPMorgan Chase & Co. raised their target price on eBay from $87.00 to $100.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. 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. Benchmark boosted their price target on eBay from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, February 19th. Finally, Rothschild & Co Redburn raised their price objective on shares of eBay from $90.00 to $100.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 24th. Fourteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, eBay presently has a consensus rating of "Hold" and a consensus target price of $105.42.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Takeover premium and formal proposal: GameStop offered $125/share in a 50/50 cash-and-stock mix, and eBay confirmed receipt; takeover speculation typically lifts a target’s stock as investors price in the premium. GameStop Proposes to Acquire eBay at 125.00 Per Share
• Positive Sentiment: Short-term technical/catalyst support: increased trading, reported unusual call buying and heavy premarket buying pushed shares toward 52‑week highs — these flows (and potential short covering) can extend the rally while the board reviews the offer. Why eBay Shares Are Trading Higher By 8%; Here Are 20 Stocks Moving Premarket
• Neutral Sentiment: Official review process started: eBay has said its board and advisors will review the unsolicited bid; that process can take time and typically leaves a range of outcomes (reject, negotiate, or go hostile). eBay shares struggle to track GameStop's ambitious bid price on investor skepticism
• Negative Sentiment: Feasibility, financing and dilution risk: commentators note GameStop is much smaller than eBay and would need substantial debt/equity issuance (reports of ~ $20B financing commitments). If the deal proceeds as proposed, dilution and leverage could be material — a factor weighing on long‑term shareholder value for GameStop and a reason some investors doubt the transaction will close. GameStop Is Offering to Buy eBay for $56 Billion, CEO Ryan Cohen Says
• Negative Sentiment: Analyst caution and execution risk for any combination: many analysts call the bid aggressive and hard to execute (integration, culture, and antitrust/board resistance are cited), so much of the current upside may reflect headline risk rather than sustainable re‑rating. GameStop's eBay Gamble: Bold Move or Balance Sheet Disaster?

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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