Caisse de depot et placement du Quebec Invests $45.78 Million in eBay Inc. $EBAY

Caisse de depot et placement du Quebec bought a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 409,656 shares of the e-commerce company’s stock, valued at approximately $45,779,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Compass Financial Management LLC purchased a new position in eBay during the second quarter worth $28,000. Cedar Mountain Advisors LLC raised its stake in shares of eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares during the period. Cassaday & Co Wealth Management LLC purchased a new stake in shares of eBay in the first quarter valued at $26,000. Abound Financial LLC bought a new stake in shares of eBay in the 4th quarter worth about $26,000. Finally, Jessup Wealth Management Inc purchased a new position in shares of eBay during the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other news, SVP Mazen Rawashdeh sold 1,919 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president owned 32,124 shares in the company, valued at approximately $3,485,775.24. The trade was a 5.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the sale, the senior vice president directly owned 35,546 shares of the company’s stock, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 37,126 shares of company stock valued at $4,087,886. Company insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a research report on Monday, May 4th. Benchmark boosted their target price on eBay from $115.00 to $134.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. The Goldman Sachs Group increased their price target on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Piper Sandler restated an “overweight” rating and set a $133.00 price objective (up from $115.00) on shares of eBay in a report on Thursday, August 6th. Finally, Wedbush upped their price objective on eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a research report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, eBay presently has an average rating of “Hold” and an average price target of $117.24.

eBay Stock Down 1.9%

Shares of NASDAQ EBAY opened at $102.27 on Friday. eBay Inc. has a 52-week low of $78.03 and a 52-week high of $119.31. The firm has a market capitalization of $45.51 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 2.52 and a beta of 1.37. The stock has a 50 day moving average price of $109.82 and a 200 day moving average price of $102.85. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.50 by $0.10. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period last year, the business posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Sell-side analysts expect that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. eBay’s dividend payout ratio (DPR) is 25.67%.

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.