Orion Porfolio Solutions LLC Sells 7,614 Shares of eBay Inc. $EBAY

Orion Porfolio Solutions LLC cut its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 22.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,709 shares of the e-commerce company’s stock after selling 7,614 shares during the period. Orion Porfolio Solutions LLC’s holdings in eBay were worth $2,338,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ABN AMRO Bank N.V. acquired a new stake in eBay during the 2nd quarter valued at approximately $235,149,000. Arrowstreet Capital Limited Partnership raised its holdings in eBay by 1,007.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock worth $163,058,000 after buying an additional 1,992,116 shares during the last quarter. M&G PLC lifted its stake in shares of eBay by 88.8% in the second quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock valued at $206,142,000 after buying an additional 1,310,373 shares in the last quarter. Panagora Asset Management Inc. lifted its position in shares of eBay by 1,416.4% during the second quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock valued at $61,949,000 after purchasing an additional 777,109 shares in the last quarter. Finally, Jupiter Asset Management Ltd. increased its position in shares of eBay by 236.9% during the third quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock valued at $81,226,000 after acquiring an additional 628,023 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the completion of the sale, the senior vice president directly owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. This trade represents a 25.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the completion of the transaction, the senior vice president directly owned 4,733 shares in the company, valued at $435,388.67. The trade was a 87.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 44,593 shares of company stock valued at $3,998,870. Insiders own 0.64% of the company’s stock.

eBay Stock Performance

eBay stock opened at $90.86 on Wednesday. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. The company has a market capitalization of $40.71 billion, a PE ratio of 20.89, a P/E/G ratio of 1.94 and a beta of 1.38. The company has a 50 day moving average price of $89.51 and a 200-day moving average price of $88.54. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10.

eBay (NASDAQ:EBAYGet Free Report) last issued its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.06. The business had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, equities analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. This is a boost from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is presently 28.51%.

Analyst Upgrades and Downgrades

EBAY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on eBay from $100.00 to $118.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. UBS Group set a $96.00 target price on eBay in a research report on Thursday, February 19th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 price objective on shares of eBay in a research report on Thursday, February 19th. Sanford C. Bernstein reissued an “outperform” rating on shares of eBay in a research note on Thursday, February 19th. Finally, Benchmark lifted their target price on shares of eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $97.97.

Read Our Latest Report 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.

Read More

Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAYFree Report).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Receive News & Ratings for eBay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay and related companies with MarketBeat.com's FREE daily email newsletter.