Truist Financial Corp increased its stake in shares of eBay Inc. (NASDAQ:EBAY – Free 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 (NASDAQ:EBAY – Get 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:
- Positive Sentiment: GameStop formally proposed to acquire eBay at $125/share (50% cash, 50% stock); the offer represents a sizable premium to recent prices and is the primary catalyst lifting EBAY shares. GameStop Proposes to Acquire eBay at $125.00 Per Share
- Positive Sentiment: Ryan Cohen and GameStop have built a position (~5% stake via derivatives/beneficial ownership) and say they’re prepared to pursue a proxy fight, increasing the chance the bid is pushed directly to shareholders. EBay Stock Surges After GameStop Makes $56 Billion Bid. What to Know.
- Positive Sentiment: GameStop says it has a commitment letter for roughly $20B of financing, signaling serious intent and providing firepower to fund the cash portion if the deal advances. GameStop makes bold $56 billion play for eBay, ready to go hostile
- Neutral Sentiment: While EBAY shares jumped on the news, they remain below the $125 offer in premarket trading — reflecting a market view that the bid may not be fully priced in or that closing is uncertain. Ebay shares struggle to track GameStop’s ambitious bid price on investor skepticism
- Neutral Sentiment: Major outlets and analysts note the move is bold but unconventional — GameStop is far smaller than eBay — so market reaction mixes excitement about a premium and skepticism about execution. Meme stock GameStop makes $56 billion bid for eBay in bid to rival Amazon
- Negative Sentiment: Deal feasibility risks: size mismatch, leverage and regulatory/antitrust hurdles could prevent a transaction or force a lower offer — factors that limit upside unless the bid progresses. GME stock analysis: GameStop’s bid for eBay faces a big leverage risk
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
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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