eBay Inc. $EBAY Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB trimmed its position in eBay Inc. (NASDAQ:EBAY) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 295,742 shares of the e-commerce company’s stock after selling 5,372 shares during the period. Handelsbanken Fonder AB’s holdings in eBay were worth $25,759,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of EBAY. Guggenheim Capital LLC boosted its holdings in eBay by 7.4% in the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after purchasing an additional 988 shares during the last quarter. Jump Financial LLC acquired a new position in eBay in the 2nd quarter valued at about $275,000. NewEdge Advisors LLC boosted its holdings in eBay by 70.4% in the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. boosted its holdings in eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in eBay by 26.3% in the 2nd 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 purchasing an additional 67,731 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 23,167 shares of the stock in a transaction that occurred 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 represents a 44.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $115.61, for a total transaction of $116,766.10. Following the sale, the senior vice president owned 32,146 shares in the company, valued at approximately $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 86,953 shares of company stock valued at $8,287,444 in the last quarter. Corporate insiders own 0.64% of the company’s stock.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop increased its eBay stake to about 6.55%-6.6%, signaling continued takeover pressure and keeping merger/acquisition speculation alive. Reuters: GameStop increases stake in eBay to more than 6%
• Positive Sentiment: Sanford C. Bernstein raised its price target on eBay to $100 from $95, showing analysts still see value in the stock despite the takeover noise. MarketScreener: Bernstein adjusts price target on eBay

eBay Stock Performance

Shares of EBAY stock opened at $118.96 on Thursday. The firm’s 50 day moving average price is $99.54 and its 200-day moving average price is $91.15. 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 $71.00 and a one year high of $119.31. The firm has a market cap of $52.82 billion, a P/E ratio of 26.98, a P/E/G ratio of 2.54 and a beta of 1.39.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts predict that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.0%. eBay’s dividend payout ratio is 28.12%.

Analysts Set New Price Targets

Several equities analysts have weighed in on EBAY shares. Citizens Jmp boosted their target price on shares of eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a report on Friday, May 1st. Needham & Company LLC restated a “buy” rating and issued a $122.00 price objective on shares of eBay in a report on Thursday, April 30th. Benchmark upped their price objective on shares of eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. BNP Paribas Exane upped their price objective on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $107.90.

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.