Prospera Financial Services Inc Has $1.41 Million Position in eBay Inc. $EBAY

Prospera Financial Services Inc cut its stake in eBay Inc. (NASDAQ:EBAY) by 57.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,239 shares of the e-commerce company’s stock after selling 22,228 shares during the quarter. Prospera Financial Services Inc’s holdings in eBay were worth $1,414,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. High Point Wealth Management LLC acquired a new position in shares of eBay in the fourth quarter worth $26,000. JPL Wealth Management LLC acquired a new position in shares of eBay in the third quarter worth $28,000. JFS Wealth Advisors LLC increased its stake in shares of eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after acquiring an additional 116 shares during the last quarter. Beacon Financial Strategies CORP acquired a new position in shares of eBay in the fourth quarter worth $28,000. Finally, Eagle Bay Advisors LLC acquired a new position in shares of eBay in the fourth quarter worth $33,000. 87.48% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the completion of the sale, the senior vice president owned 94,479 shares of the company’s stock, valued at approximately $8,733,638.76. This trade represents a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jamie Iannone sold 21,000 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $97.37, for a total transaction of $2,044,770.00. Following the completion of the sale, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 136,953 shares of company stock worth $14,139,444. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Evercore set a $96.00 target price on shares of eBay in a research report on Thursday, April 30th. BNP Paribas Exane increased their target price on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. increased their target price on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Needham & Company LLC reissued a “buy” rating and set a $122.00 target price on shares of eBay in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 target price on shares of eBay in a research report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $107.84.

eBay Stock Down 4.3%

EBAY stock opened at $110.36 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. eBay Inc. has a 52-week low of $71.85 and a 52-week high of $119.31. The company has a 50-day moving average of $101.92 and a two-hundred day moving average of $92.33. The stock has a market capitalization of $49.00 billion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 2.57 and a beta of 1.39.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter last year, the company earned $1.38 earnings per share. The firm’s revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. eBay’s dividend payout ratio (DPR) is presently 28.12%.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Takeover speculation could still support the stock if a higher or more credible bid emerges, as GameStop’s Ryan Cohen has said he may pursue other options after eBay rejected his $56 billion offer. Wall Street awaits GameStop CEO Cohen’s next move after eBay rejected takeover bid
• Positive Sentiment: Wall Street coverage has highlighted eBay’s strong recent earnings and revenue growth, and some analysts still view the company as a steady compounder with improved profitability. Is eBay Stock A Compounding Engine?
• Neutral Sentiment: Brokerages continue to rate eBay as “Hold,” suggesting investors are waiting for clearer catalysts before bidding the shares meaningfully higher. eBay Inc. (NASDAQ:EBAY) Given Consensus Rating of “Hold” by Brokerages
• Negative Sentiment: Arete Research trimmed its price target on eBay to $111 from $113 and kept a neutral rating, signaling more limited upside from current levels. Arete adjusts price target on eBay to $111 from $113, maintains neutral rating
• Negative Sentiment: eBay SVP Mazen Rawashdeh sold 50,000 shares in a pre-arranged trading plan, a move that can add to investor caution even though it was disclosed and not necessarily a negative signal on fundamentals. SEC Form 4 filing

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.