Independent Advisor Alliance trimmed its stake in eBay Inc. (NASDAQ:EBAY – Free Report) by 43.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,041 shares of the e-commerce company’s stock after selling 11,428 shares during the quarter. Independent Advisor Alliance’s holdings in eBay were worth $1,310,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in EBAY. Guggenheim Capital LLC increased its stake in eBay by 7.4% in the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after purchasing an additional 988 shares during the last quarter. Jump Financial LLC acquired a new position in eBay in the second quarter valued at $275,000. NewEdge Advisors LLC increased its stake in eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. increased its stake in eBay by 48.7% in the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in eBay by 26.3% in the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after purchasing an additional 67,731 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $100.36, for a total value of $1,215,660.68. Following the completion of the sale, the senior vice president owned 30,835 shares of the company’s stock, valued at $3,094,600.60. This represents a 28.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 23,167 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total value of $2,168,199.53. Following the completion of the sale, the senior vice president directly owned 28,915 shares of the company’s stock, valued at $2,706,154.85. The trade was a 44.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 86,952 shares of company stock worth $8,251,267 over the last three months. 0.64% of the stock is currently owned by corporate insiders.
More eBay News
- Positive Sentiment: eBay’s rejection of GameStop’s offer removes immediate uncertainty around a potentially complex and debt-heavy transaction, and some investors may view management’s stance as a sign of discipline and confidence in the standalone business. eBay rejects GameStop’s $55.5 billion takeover bid
- Positive Sentiment: Rothschild & Co Redburn raised its price target on eBay to $115, suggesting analysts see more upside after the stock’s strong run. MarketScreener report on Redburn target increase
- Positive Sentiment: Recent articles highlight strong share-price momentum, with eBay up sharply over the past month, quarter and year, which can attract additional investor interest. A Look At eBay (EBAY) Valuation As Recent Share Price Momentum Meets Conflicting Fair Value Signals
eBay Stock Performance
Shares of NASDAQ:EBAY opened at $116.13 on Friday. The firm has a market capitalization of $51.56 billion, a PE ratio of 26.33, a P/E/G ratio of 2.52 and a beta of 1.39. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The business has a 50-day moving average of $98.16 and a two-hundred day moving average of $90.75. eBay Inc. has a 12 month low of $70.42 and a 12 month high of $116.83.
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts forecast that eBay Inc. will post 4.83 earnings per share for the current year.
eBay Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.31 per share. The ex-dividend date is Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio is currently 28.12%.
Wall Street Analyst Weigh In
Several research firms recently commented on EBAY. Needham & Company LLC reiterated a “buy” rating and issued a $122.00 target price on shares of eBay in a research note on Thursday, April 30th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. UBS Group upped their target price on eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Arete Research upped their target price on eBay from $111.00 to $113.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Daiwa Securities Group upped their price target on eBay from $90.00 to $114.00 in a research note on Monday, May 11th. Fourteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, eBay has an average rating of “Hold” and an average price target of $107.58.
View Our Latest Report on eBay
eBay 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.
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