USS Investment Management Ltd Has $11.69 Million Position in eBay Inc. $EBAY

USS Investment Management Ltd raised its stake in eBay Inc. (NASDAQ:EBAY) by 7.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 134,170 shares of the e-commerce company’s stock after buying an additional 9,083 shares during the period. USS Investment Management Ltd’s holdings in eBay were worth $11,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. High Point Wealth Management LLC acquired a new position in shares of eBay in the fourth quarter valued at $26,000. Jessup Wealth Management Inc acquired a new position in shares of eBay in the fourth quarter valued at $27,000. Beacon Financial Strategies CORP acquired a new position in shares of eBay in the fourth quarter valued at $28,000. JFS Wealth Advisors LLC increased its holdings in shares of eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new position in shares of eBay in the third quarter valued at $28,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Trading Up 0.5%

EBAY opened at $109.18 on Tuesday. eBay Inc. has a twelve month low of $72.84 and a twelve month high of $119.31. The company has a 50-day simple moving average of $106.75 and a 200 day simple moving average of $94.70. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $48.48 billion, a price-to-earnings ratio of 24.76, a P/E/G ratio of 2.42 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The firm had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter in the prior year, the business earned $1.38 earnings per share. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts predict that eBay Inc. will post 4.83 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 dividend yield of 1.1%. eBay’s payout ratio is currently 28.12%.

Insider Buying and Selling at eBay

In related news, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,542,361.40. Following the sale, the senior vice president owned 94,479 shares of the company’s stock, valued at $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the sale, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. This represents a 63.12% 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. In the last ninety days, insiders sold 124,896 shares of company stock worth $13,188,789. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on EBAY shares. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a report on Friday. Rothschild & Co Redburn upped their price target on shares of eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. upped their price target on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Citigroup upped their price target on shares of eBay from $114.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Barclays upped their price target on shares of eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Thirteen investment 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. According to MarketBeat, eBay currently has an average rating of “Hold” and a consensus target price of $107.84.

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.