eBay Inc. $EBAY Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its position in shares of eBay Inc. (NASDAQ:EBAY) by 42.4% during the first quarter, HoldingsChannel reports. The firm owned 16,585 shares of the e-commerce company’s stock after selling 12,218 shares during the quarter. Sterling Capital Management LLC’s holdings in eBay were worth $1,510,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Robeco Institutional Asset Management B.V. grew its stake in eBay by 4.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after purchasing an additional 113,553 shares in the last quarter. Allworth Financial LP boosted its stake in shares of eBay by 62.6% during the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after buying an additional 8,899 shares during the last quarter. North Dakota State Investment Board acquired a new stake in shares of eBay during the fourth quarter worth approximately $1,809,000. Jain Global LLC bought a new stake in shares of eBay in the third quarter worth $8,220,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in eBay by 147.4% in the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 28,200 shares of the e-commerce company’s stock valued at $2,565,000 after acquiring an additional 16,800 shares in the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the stock in a transaction 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 of the company’s stock, valued at $3,094,600.60. This trade 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the sale, the chief executive officer owned 352,653 shares in the company, valued at $34,337,822.61. The trade was a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 98,015 shares of company stock worth $10,749,186 in the last three months. 0.67% of the stock is owned by insiders.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $110.80 on Tuesday. 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 firm’s 50-day moving average price is $108.90 and its two-hundred day moving average price is $96.50. eBay Inc. has a 52-week low of $73.68 and a 52-week high of $119.31. The stock has a market capitalization of $49.20 billion, a P/E ratio of 25.12, a P/E/G ratio of 2.36 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, beating 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 business’s revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, sell-side analysts forecast that eBay Inc. will post 4.91 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on EBAY shares. President Capital upped their target price on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Rothschild & Co Redburn upped their price objective on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Cantor Fitzgerald increased their target price on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. TD Cowen boosted their price target on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a report on Friday, May 1st. Finally, Arete Research dropped their price target on eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $108.61.

eBay News Roundup

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop’s continued push to buy eBay is drawing attention to eBay’s marketplace footprint and could keep takeover speculation alive, which may help support the stock. eBay (EBAY) Rejects GameStop’s Takeover Proposal As Neither Credible Nor Attractive
• Positive Sentiment: Articles highlighting scalpers reselling Steam Machine reservations and GTA VI pre-orders on eBay may underscore strong marketplace activity and consumer demand for collectibles and gaming-related items. People are putting their Steam Machine reservations on eBay, and one has already been sold with a $235 markup
• Positive Sentiment: Coverage of rare collectibles selling for high prices on eBay reinforces the platform’s strength in recommerce and niche collectibles, which can be favorable for investor sentiment. A single “Lucky in Love” Pyrex piece sold on eBay for over $21,000
• Neutral Sentiment: Several items were simply market commentary or comparisons involving eBay, with limited direct fundamental impact on the company. eBay (NASDAQ:EBAY) versus GSV (OTCMKTS:GSVI) Financial Survey
• Neutral Sentiment: Valuation-focused analysis suggests the recent stock strength has raised questions about how much upside is already priced in, but it does not signal a new operating problem. eBay (EBAY) Stock Price Strength Raises Questions Over Valuation Gap
• Negative Sentiment: Reports of scalpers flooding eBay with overpriced GTA VI pre-orders and Steam Machine listings could reflect low-quality inventory and speculative activity, which may be a reputational headwind. Scalpers flood eBay with GTA VI pre-orders at $200 and up yet demand fails to materialize

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.