QRG Capital Management Inc. Has $16.96 Million Holdings in eBay Inc. $EBAY

QRG Capital Management Inc. grew its position in eBay Inc. (NASDAQ:EBAY) by 2.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 186,344 shares of the e-commerce company’s stock after acquiring an additional 5,304 shares during the period. QRG Capital Management Inc.’s holdings in eBay were worth $16,961,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Altshuler Shaham Ltd increased its holdings in eBay by 4,452,655.3% in the 4th quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock worth $182,282,000 after purchasing an additional 2,092,748 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of eBay by 27.8% during the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after purchasing an additional 1,808,976 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of eBay by 214.6% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock worth $161,865,000 after purchasing an additional 1,267,601 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of eBay by 3,248.7% during the fourth quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock worth $109,483,000 after purchasing an additional 1,219,439 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its stake in shares of eBay by 47.5% in the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock valued at $315,862,000 after buying an additional 1,167,019 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

EBAY opened at $114.84 on Friday. eBay Inc. has a twelve month low of $75.12 and a twelve month high of $119.31. 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 company has a fifty day moving average of $109.50 and a 200-day moving average of $97.23. The stock has a market cap of $50.99 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 2.53 and a beta of 1.37.

eBay (NASDAQ:EBAY) last released its 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 for the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, sell-side analysts predict that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

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

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $109.17, for a total transaction of $94,213.71. Following the sale, the senior vice president owned 34,533 shares in the company, valued at $3,769,967.61. This represents a 2.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at $3,485,775.24. This represents a 5.64% 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. Insiders have sold a total of 98,015 shares of company stock worth $10,749,186 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on EBAY shares. Barclays lifted their target price on shares of eBay from $104.00 to $114.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. TD Cowen upped their price target on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research report on Friday, May 1st. The Goldman Sachs Group raised their target price on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Citigroup lifted their target price on eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Bank of America upped their price target on eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $108.61.

eBay 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.