Munich Reinsurance Co Stock Corp in Munich Acquires New Position in eBay Inc. $EBAY

Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of eBay Inc. (NASDAQ:EBAY) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 98,347 shares of the e-commerce company’s stock, valued at approximately $8,945,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. ABN AMRO Bank N.V. acquired a new stake in shares of eBay during the second quarter worth $235,149,000. Arrowstreet Capital Limited Partnership lifted its stake in eBay by 1,007.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after buying an additional 1,992,116 shares during the period. First Trust Advisors LP boosted its holdings in 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 worth $755,767,000 after buying an additional 1,808,976 shares during the last quarter. M&G PLC boosted its holdings in eBay by 88.8% during the second quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock worth $206,142,000 after buying an additional 1,310,373 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its position in shares of eBay by 1,416.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock worth $61,949,000 after buying an additional 777,109 shares during the period. Institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of analyst reports. Evercore increased their price target on shares of eBay from $93.00 to $94.00 in a research report on Thursday, February 19th. Arete Research upped their target price on shares of eBay from $91.00 to $103.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Wells Fargo & Company increased their target price on shares of eBay from $98.00 to $101.00 and gave the stock an “equal weight” rating in a report on Thursday, February 19th. Piper Sandler reissued an “overweight” rating and set a $105.00 price target (up from $98.00) on shares of eBay in a research report on Thursday, February 19th. Finally, TD Cowen reissued a “hold” rating on shares of eBay in a report on Wednesday, February 18th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $97.97.

eBay Stock Down 0.4%

Shares of EBAY stock opened at $92.71 on Friday. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30. The firm has a fifty day moving average of $89.33 and a 200-day moving average of $88.72. The company has a market capitalization of $41.53 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 1.94 and a beta of 1.38.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.35 by $0.06. The business had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm’s revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, equities research analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is 26.67%.

Insider Buying and Selling

In other eBay news, SVP Cornelius Boone sold 4,462 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total value of $374,540.28. Following the completion of the transaction, the senior vice president directly owned 91,921 shares in the company, valued at $7,715,848.74. This trade 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 through this link. Also, SVP Julie A. Loeger sold 2,896 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $82.44, for a total value of $238,746.24. Following the sale, the senior vice president owned 55,990 shares in the company, valued at approximately $4,615,815.60. This represents a 4.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,593 shares of company stock worth $3,998,870 over the last 90 days. 0.64% of the stock is currently owned by insiders.

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.