Swiss Life Asset Management Ltd Trims Stock Position in eBay Inc. $EBAY

Swiss Life Asset Management Ltd lessened its stake in shares of eBay Inc. (NASDAQ:EBAY) by 22.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 105,826 shares of the e-commerce company’s stock after selling 30,085 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in eBay were worth $9,217,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of eBay by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after buying an additional 468,833 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of eBay by 27.8% in the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after acquiring an additional 1,808,976 shares during the period. Legal & General Group Plc increased its holdings in shares of eBay by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock valued at $478,687,000 after acquiring an additional 141,057 shares during the period. Impax Asset Management Group plc increased its holdings in shares of eBay by 11.4% in the 4th quarter. Impax Asset Management Group plc now owns 3,134,733 shares of the e-commerce company’s stock valued at $273,035,000 after acquiring an additional 321,732 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of eBay by 4.0% in 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 acquiring an additional 113,553 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Activity at eBay

In other news, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This represents a 5.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,199,686.32. Following the completion of the sale, the senior vice president owned 42,948 shares in the company, valued at $3,970,113.12. This represents a 23.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 86,952 shares of company stock valued at $8,251,267. Company insiders own 0.64% of the company’s stock.

eBay Stock Performance

NASDAQ:EBAY opened at $110.40 on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a fifty-two week low of $68.60 and a fifty-two week high of $111.38. The stock has a market cap of $49.02 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 2.41 and a beta of 1.39. The firm’s fifty day simple moving average is $96.70 and its 200-day simple moving average is $90.33.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.04 billion. During the same period in the prior year, the company posted $1.38 EPS. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts expect that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

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

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay rejected GameStop’s unsolicited $55.5 billion takeover offer, calling it “neither credible nor attractive,” which reassured investors that the company is sticking with its own growth strategy rather than pursuing a risky, financing-heavy transaction. eBay Rejects Unsolicited Proposal from GameStop
• Positive Sentiment: Morgan Stanley reiterated a Buy rating and kept a $121 price target, signaling that analysts still see upside based on eBay’s standalone value and strategic optionality. eBay: Buy Rating Reiterated as Board Rejects GameStop Bid; $121 Price Target Unchanged on Standalone Value and Strategic Optionality
• Positive Sentiment: Arete Research and Daiwa Securities both lifted their price targets this week, reinforcing bullish sentiment around eBay’s growth outlook after a strong recent run in the stock. Arete Adjusts Price Target on eBay
• Neutral Sentiment: Media coverage around the rejected bid is keeping eBay in the spotlight, which can support trading volume and speculation, but the headlines do not change the company’s underlying fundamentals by themselves. EBay rejects GameStop’s $56 billion takeover bid, calling it ‘neither credible nor attractive’
• Neutral Sentiment: The broader market was weaker, with tech stocks under pressure, which may have partially offset some of the deal-driven enthusiasm in eBay shares. Nasdaq, S&P 500 Retreat From Record Highs Amid Losses in Tech Sector

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Daiwa Securities Group lifted their target price on shares of eBay from $90.00 to $114.00 in a report on Monday. JPMorgan Chase & Co. lifted their target price on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Robert W. Baird lifted their target price on shares of eBay from $105.00 to $117.00 in a report on Thursday, April 30th. Arete Research lifted their target price on shares of eBay from $111.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Benchmark lifted their target price on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $106.68.

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.