Altshuler Shaham Ltd Has $182.28 Million Holdings in eBay Inc. $EBAY

Altshuler Shaham Ltd boosted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 4,452,655.3% in the fourth quarter, HoldingsChannel reports. The fund owned 2,092,795 shares of the e-commerce company’s stock after buying an additional 2,092,748 shares during the quarter. eBay accounts for 2.7% of Altshuler Shaham Ltd’s portfolio, making the stock its 12th biggest holding. Altshuler Shaham Ltd’s holdings in eBay were worth $182,282,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. High Point Wealth Management LLC acquired a new stake in shares of eBay during the 4th quarter valued at about $26,000. Abound Financial LLC acquired a new stake in shares of eBay during the 4th quarter valued at about $26,000. Jessup Wealth Management Inc acquired a new stake in shares of eBay during the 4th quarter valued at about $27,000. JPL Wealth Management LLC acquired a new stake in shares of eBay during the 3rd quarter valued at about $28,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of eBay during the 4th quarter valued at about $28,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the transaction, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at $34,337,822.61. The trade was a 5.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of eBay stock in a transaction that occurred on 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 sale, the senior vice president directly owned 30,835 shares in the company, valued at $3,094,600.60. The trade was a 28.20% 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. Insiders have sold a total of 95,233 shares of company stock valued at $10,446,742 in the last three months. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EBAY shares. Susquehanna lifted their price target on eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Benchmark lifted their price target on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 19th. BMO Capital Markets lifted their price target on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Truist Financial lifted their price target on eBay from $94.00 to $105.00 and gave the company a “hold” rating in a report on Monday, May 4th. Finally, Daiwa Securities Group lifted their price target on eBay from $90.00 to $114.00 in a report on Monday, May 11th. Thirteen equities research 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.84.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $107.89 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The business’s 50 day moving average is $107.25 and its two-hundred day moving average is $95.06. The company has a market cap of $47.90 billion, a P/E ratio of 24.46, a P/E/G ratio of 2.43 and a beta of 1.39. eBay Inc. has a 12 month low of $72.84 and a 12 month high of $119.31.

eBay (NASDAQ:EBAY) last issued 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 for the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities analysts expect that eBay Inc. will post 4.83 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was 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.