6,098 Shares in eBay Inc. $EBAY Acquired by Aspen Investment Management Inc

Aspen Investment Management Inc purchased a new position in eBay Inc. (NASDAQ:EBAY) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,098 shares of the e-commerce company’s stock, valued at approximately $531,000.

Other institutional investors and hedge funds have also modified their holdings of the company. High Point Wealth Management LLC acquired a new stake in shares of eBay in the 4th quarter worth approximately $26,000. Beacon Financial Strategies CORP acquired a new stake in shares of eBay in the 4th quarter worth approximately $28,000. JFS Wealth Advisors LLC grew its holdings in shares of eBay by 57.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after acquiring an additional 116 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of eBay in the 3rd quarter worth approximately $28,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of eBay in the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Transactions at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,199,686.32. Following the transaction, the senior vice president directly owned 42,948 shares of the company’s stock, valued at approximately $3,970,113.12. This trade represents a 23.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jamie Iannone sold 21,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 352,653 shares in the company, valued at $34,337,822.61. This trade represents a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 86,953 shares of company stock valued at $8,287,444. Corporate insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Rothschild & Co Redburn increased their target price on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Arete Research increased their target price on eBay from $111.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. BMO Capital Markets increased their target price on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. President Capital increased their target price on eBay from $94.00 to $102.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Finally, UBS Group increased their target price on eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Thirteen research 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’s stock. According to MarketBeat, eBay has an average rating of “Hold” and an average price target of $107.90.

eBay Price Performance

EBAY stock opened at $118.96 on Thursday. eBay Inc. has a 52-week low of $71.00 and a 52-week high of $119.31. The stock’s fifty day simple moving average is $99.54 and its 200-day simple moving average is $91.15. 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 $52.82 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 2.54 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter last year, the firm earned $1.38 earnings per share. The business’s revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities research analysts expect that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, May 29th. This represents a $1.24 annualized dividend and a dividend yield of 1.0%. eBay’s dividend payout ratio (DPR) is 28.12%.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop increased its eBay stake to about 6.55%-6.6%, signaling continued takeover pressure and keeping merger/acquisition speculation alive. Reuters: GameStop increases stake in eBay to more than 6%
• Positive Sentiment: Sanford C. Bernstein raised its price target on eBay to $100 from $95, showing analysts still see value in the stock despite the takeover noise. MarketScreener: Bernstein adjusts price target on eBay

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.