Patton Fund Management Inc. Has $239,000 Holdings in eBay Inc. $EBAY

Patton Fund Management Inc. cut its holdings in eBay Inc. (NASDAQ:EBAYFree Report) by 93.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,743 shares of the e-commerce company’s stock after selling 38,420 shares during the period. Patton Fund Management Inc.’s holdings in eBay were worth $239,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EBAY. Quotient Wealth Partners LLC lifted its position in shares of eBay by 4.5% in the fourth quarter. Quotient Wealth Partners LLC now owns 2,558 shares of the e-commerce company’s stock worth $223,000 after buying an additional 110 shares during the last quarter. JFS Wealth Advisors LLC lifted its holdings in 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 purchasing an additional 116 shares during the last quarter. Miracle Mile Advisors LLC lifted its holdings in eBay by 0.4% in the 3rd quarter. Miracle Mile Advisors LLC now owns 29,151 shares of the e-commerce company’s stock worth $2,651,000 after purchasing an additional 118 shares during the last quarter. Mutual Advisors LLC boosted its position in eBay by 5.2% during the third quarter. Mutual Advisors LLC now owns 3,194 shares of the e-commerce company’s stock worth $305,000 after purchasing an additional 158 shares during the period. Finally, RHS Financial LLC grew its holdings in eBay by 2.8% during the third quarter. RHS Financial LLC now owns 6,335 shares of the e-commerce company’s stock valued at $576,000 after purchasing an additional 172 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EBAY has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a report on Monday, December 29th. Bank of America lifted their target price on shares of eBay from $100.00 to $102.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Evercore boosted their target price on shares of eBay from $93.00 to $94.00 in a research report on Thursday, February 19th. Citigroup upped their price target on shares of eBay from $107.00 to $114.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Arete Research lifted their price objective on eBay from $91.00 to $103.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $98.13.

Check Out Our Latest Analysis on eBay

eBay Price Performance

NASDAQ:EBAY opened at $100.40 on Wednesday. The stock has a market cap of $44.98 billion, a P/E ratio of 23.08, a PEG ratio of 2.05 and a beta of 1.34. eBay Inc. has a one year low of $64.68 and a one year high of $101.33. The company has a fifty day moving average price of $89.69 and a 200 day moving average price of $88.69. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10.

eBay (NASDAQ:EBAYGet Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period last year, the business posted $1.25 EPS. The business’s quarterly revenue was up 15.0% on a year-over-year basis. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Friday, March 6th. eBay’s dividend payout ratio (DPR) is 28.51%.

eBay News Roundup

Here are the key news stories impacting eBay this week:

Insider Transactions at eBay

In other news, SVP Mazen Rawashdeh sold 23,167 shares of eBay stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the sale, the senior vice president owned 28,915 shares of the company’s stock, valued at approximately $2,706,154.85. This trade represents a 44.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $91.99, for a total value of $3,076,237.59. Following the sale, the senior vice president owned 4,733 shares in the company, valued at approximately $435,388.67. This represents a 87.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 108,280 shares of company stock valued at $10,111,844. 0.64% of the stock is currently owned by insiders.

About eBay

(Free Report)

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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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