iA Global Asset Management Inc. Has $2.66 Million Stake in eBay Inc. $EBAY

iA Global Asset Management Inc. trimmed its position in shares of eBay Inc. (NASDAQ:EBAY) by 35.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 30,487 shares of the e-commerce company’s stock after selling 16,415 shares during the period. iA Global Asset Management Inc.’s holdings in eBay were worth $2,655,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EBAY. High Point Wealth Management LLC acquired a new stake in eBay during the fourth quarter worth about $26,000. Beacon Financial Strategies CORP acquired a new stake in shares of eBay in the 4th quarter valued at approximately $28,000. JFS Wealth Advisors LLC boosted its stake in shares of eBay by 57.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of eBay in the 3rd quarter valued at approximately $28,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of eBay in the 4th quarter valued at approximately $33,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Down 1.5%

NASDAQ:EBAY opened at $114.43 on Tuesday. The firm’s 50 day simple moving average is $98.59 and its 200 day simple moving average is $90.80. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. eBay Inc. has a one year low of $70.72 and a one year high of $116.83. The company has a market cap of $50.81 billion, a PE ratio of 25.95, a P/E/G ratio of 2.58 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, 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 business had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same period last year, the company earned $1.38 EPS. The firm’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Announces Dividend

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

Insider Buying and Selling at eBay

In related news, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction that occurred 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 sale, the chief executive officer directly owned 352,653 shares in the company, valued at $34,337,822.61. This trade represents a 5.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cornelius Boone sold 16,685 shares of eBay stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the sale, the senior vice president owned 94,479 shares in the company, valued at approximately $8,733,638.76. This represents a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,952 shares of company stock valued at $8,251,267 in the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of research analyst reports. BMO Capital Markets raised their price target on shares of eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Citizens Jmp raised their price target on shares of eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. TD Cowen raised their price target on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research note on Friday, May 1st. Evercore set a $96.00 price target on shares of eBay in a research note on Thursday, April 30th. Finally, Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $107.58.

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.