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Primecap Management Co. CA Has $181.18 Million Stock Holdings in eBay Inc. $EBAY
Primecap Management Co. CA reduced its stake in eBay Inc. by 4.4% in the third quarter, now holding over 1.99 million shares valued at $181.18 million. Despite this, other institutional investors increased their holdings, with eBay’s stock showing positive momentum through cost actions, strategic acquisitions like Depop, and strong Q4 earnings. The company also announced a higher quarterly dividend.