Canada Pension Plan Investment Board buys $135.2M in eBay shares
Canada Pension Plan Investment Board bought 1,209,881 eBay shares for about $135.2 million. Other investors added smaller positions. eBay reported quarterly EPS of $1.60 and revenue of $3.13 billion, both ahead of consensus, while declaring an annualized $1.24 dividend (1.2% yield). Wedbush lifted its price target, and CEO Jamie Iannone sold 11,110 shares.