Truist Financial Corp Buys 32,306 Shares of eBay Inc. $EBAY

Truist Financial Corp increased its stake in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 2.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,455,294 shares of the e-commerce company’s stock after acquiring an additional 32,306 shares during the quarter. Truist Financial Corp’s holdings in eBay were worth $126,756,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of EBAY. Guggenheim Capital LLC lifted its holdings in eBay by 7.4% in the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after buying an additional 988 shares during the period. Jump Financial LLC acquired a new position in eBay in the second quarter valued at approximately $275,000. NewEdge Advisors LLC lifted its holdings in eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after buying an additional 44,851 shares during the period. Sei Investments Co. lifted its holdings in eBay by 48.7% in the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after buying an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in eBay by 26.3% in the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after buying an additional 67,731 shares during the period. 87.48% of the stock is owned by institutional investors.

Insider Activity at eBay

In related news, SVP Mazen Rawashdeh sold 23,167 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the sale, the senior vice president directly owned 28,915 shares in the company, valued at $2,706,154.85. This trade represents a 44.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $100.36, for a total transaction of $1,215,660.68. Following the sale, the senior vice president owned 30,835 shares in the company, valued at approximately $3,094,600.60. The trade was a 28.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 86,952 shares of company stock valued at $8,251,267. Insiders own 0.64% of the company’s stock.

eBay Stock Performance

EBAY opened at $104.07 on Monday. The firm’s fifty day moving average is $94.21 and its two-hundred day moving average is $89.73. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market cap of $46.21 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 2.28 and a beta of 1.39. eBay Inc. has a twelve month low of $67.48 and a twelve month high of $107.34.

eBay (NASDAQ:EBAYGet Free Report) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share 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 analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period last year, the business posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities research analysts anticipate that eBay Inc. will post 4.89 EPS for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, May 29th. eBay’s dividend payout ratio (DPR) is presently 28.12%.

eBay News Summary

Here are the key news stories impacting eBay this week:

Analyst Ratings Changes

EBAY has been the topic of several analyst reports. TD Cowen increased their price objective on shares of eBay from $87.00 to $88.00 in a report on Friday. Susquehanna increased their price objective on shares of eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a report on Friday. Sanford C. Bernstein restated an “outperform” rating on shares of eBay in a report on Thursday, February 19th. UBS Group increased their price objective on shares of eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Finally, President Capital increased their price objective on shares of eBay from $94.00 to $102.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $105.32.

View Our Latest Stock Analysis on eBay

eBay Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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