LSV Asset Management Decreases Holdings in eBay Inc. $EBAY

LSV Asset Management trimmed its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 7.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,438,120 shares of the e-commerce company’s stock after selling 448,476 shares during the period. eBay makes up 1.0% of LSV Asset Management’s holdings, making the stock its 14th biggest holding. LSV Asset Management’s holdings in eBay were worth $473,660,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of EBAY. Guggenheim Capital LLC lifted its holdings in eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after buying an additional 988 shares during the last quarter. Jump Financial LLC purchased a new stake in eBay during the 2nd quarter worth about $275,000. NewEdge Advisors LLC lifted its holdings in eBay by 70.4% during the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after buying an additional 44,851 shares during the last quarter. Sei Investments Co. lifted its holdings in eBay by 48.7% during the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after buying an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of eBay by 26.3% during the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after purchasing an additional 67,731 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of eBay stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $115.61, for a total value of $116,766.10. Following the sale, the senior vice president owned 32,146 shares of the company’s stock, valued at approximately $3,716,399.06. The trade was a 3.05% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cornelius Boone sold 16,685 shares of eBay stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,542,361.40. Following the completion of the sale, the senior vice president directly owned 94,479 shares in the company, valued at $8,733,638.76. This represents a 15.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 86,953 shares of company stock worth $8,287,444 over the last quarter. 0.64% of the stock is owned by company insiders.

eBay News Roundup

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its economic exposure to eBay through derivatives and filings, increasing speculation that Ryan Cohen may push for a takeover or activist campaign that could unlock value for EBAY shareholders. GameStop Raises Economic Exposure to eBay
• Positive Sentiment: Reports that GameStop is interested in buying eBay helped lift sentiment, as takeover speculation can boost a stock on expectations of a higher offer price or strategic restructuring. eBay (EBAY) Stock Is Up, What You Need To Know
• Neutral Sentiment: Analysts and media coverage are debating whether Ryan Cohen should be taken seriously as an eBay investor, adding attention but not yet confirming a formal deal or major operating change. Should Ryan Cohen be taken seriously as an eBay investor?
• Neutral Sentiment: Additional coverage highlighted eBay’s recent surge to 52-week highs, suggesting the stock has already priced in some of the takeover-related optimism. Why did ARM, SLS, EBAY stocks surge to 52-week highs?
• Negative Sentiment: Some commentary warned that a GameStop bid could damage its own credit rating and valuation, which may temper enthusiasm if the takeover thesis becomes less credible or more complicated. GameStop Wants to Buy eBay. It Could Collapse Its Credit Rating and Valuation in the Process.

Wall Street Analyst Weigh In

A number of analysts have recently commented on EBAY shares. The Goldman Sachs Group lifted their target price on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Wedbush lifted their target price on eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Benchmark lifted their target price on eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Cantor Fitzgerald lifted their target price on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 target price on eBay in a research report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $107.90.

eBay Price Performance

Shares of EBAY opened at $115.75 on Friday. eBay Inc. has a twelve month low of $71.53 and a twelve month high of $119.31. The stock’s 50 day moving average is $100.54 and its two-hundred day moving average is $91.57. The firm has a market capitalization of $51.39 billion, a PE ratio of 26.25, a P/E/G ratio of 2.61 and a beta of 1.39. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36.

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

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s payout ratio is currently 28.12%.

About eBay

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.