AustralianSuper Pty Ltd Trims Stock Position in eBay Inc. $EBAY

AustralianSuper Pty Ltd cut its holdings in eBay Inc. (NASDAQ:EBAY) by 17.9% during the fourth quarter, HoldingsChannel reports. The fund owned 611,190 shares of the e-commerce company’s stock after selling 132,846 shares during the period. AustralianSuper Pty Ltd’s holdings in eBay were worth $53,235,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. High Point Wealth Management LLC acquired a new stake in eBay during the fourth quarter worth $26,000. Beacon Financial Strategies CORP acquired a new position in shares of eBay in the 4th quarter valued at $28,000. JFS Wealth Advisors LLC grew its holdings in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after purchasing an additional 116 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of eBay during the 3rd quarter worth about $28,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of eBay during the 4th quarter worth about $33,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

eBay Trading Up 0.2%

NASDAQ EBAY opened at $113.24 on Friday. The firm has a 50 day simple moving average of $97.66 and a 200-day simple moving average of $90.57. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. eBay Inc. has a one year low of $69.41 and a one year high of $113.73. The firm has a market cap of $50.28 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 2.51 and a beta of 1.39.

eBay (NASDAQ:EBAY) last announced 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. eBay had a net margin of 17.58% and a return on equity of 46.11%. The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same period in the prior year, the firm earned $1.38 EPS. The firm’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. Equities research analysts anticipate that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Announces Dividend

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

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 21,000 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This trade represents a 5.62% decrease in their position. The transaction was disclosed in a document filed 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, SVP Mazen Rawashdeh sold 23,167 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total value of $2,168,199.53. Following the transaction, the senior vice president directly owned 28,915 shares of the company’s stock, valued at approximately $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 86,952 shares of company stock valued at $8,251,267. Company insiders own 0.64% of the company’s stock.

Wall Street Analysts Forecast Growth

EBAY has been the topic of a number of recent analyst reports. Cantor Fitzgerald upped their target price on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Truist Financial boosted their price target on shares of eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Citizens Jmp upped their price objective on shares of eBay from $115.00 to $120.00 and gave the stock a “market outperform” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a research report on Monday, May 4th. Finally, Barclays boosted their target price on eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $107.58.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Citi raised its price target on eBay to $127 from $114 and kept a Buy rating, citing better execution and continued momentum in the company’s targeted growth categories. Citi Hikes eBay Price Target to $127: Better Execution Drives Q1 Beat
• Positive Sentiment: Rothschild & Co Redburn also lifted its price target on eBay to $115 from $100, signaling that Wall Street sees some upside even after the recent run-up. Rothschild & Co Redburn Adjusts Price Target on eBay
• Neutral Sentiment: eBay rejected GameStop CEO Ryan Cohen’s unsolicited $56 billion takeover proposal, calling it “neither credible nor attractive,” but the high-profile bid has increased investor attention on the stock and sparked speculation about possible shareholder pressure or other strategic alternatives. Ryan Cohen says eBay directors should not dismiss his proposal without engaging
• Neutral Sentiment: Several follow-up reports show Cohen continuing to push for a shareholder vote, but eBay’s board has not shown interest in reopening talks, so the takeover storyline remains more of a market-moving headline than a clear deal catalyst. eBay Soundly Rejects GameStop’s Acquisition Bid

eBay Company 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.