Kestra Investment Management LLC Sells 6,918 Shares of eBay Inc. $EBAY

Kestra Investment Management LLC lessened its holdings in eBay Inc. (NASDAQ:EBAY) by 53.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,958 shares of the e-commerce company’s stock after selling 6,918 shares during the quarter. Kestra Investment Management LLC’s holdings in eBay were worth $519,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Allianz Asset Management GmbH lifted its holdings in shares of eBay by 10.9% during the third quarter. Allianz Asset Management GmbH now owns 2,459,405 shares of the e-commerce company’s stock worth $223,683,000 after purchasing an additional 242,168 shares during the period. Independent Advisor Alliance increased its holdings in eBay by 407.8% in the third quarter. Independent Advisor Alliance now owns 26,469 shares of the e-commerce company’s stock valued at $2,407,000 after purchasing an additional 21,257 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in eBay by 30.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 181,787 shares of the e-commerce company’s stock worth $16,534,000 after purchasing an additional 42,048 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in eBay by 4.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock worth $255,294,000 after purchasing an additional 113,553 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in eBay by 62.6% during the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after buying an additional 8,899 shares during the period. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Performance

EBAY stock opened at $110.36 on Thursday. The stock has a 50-day moving average price of $101.92 and a 200-day moving average price of $92.33. eBay Inc. has a 1-year low of $71.85 and a 1-year high of $119.31. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The firm has a market cap of $49.00 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 2.57 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 EPS for the quarter, beating the consensus estimate of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the prior year, the company earned $1.38 EPS. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts expect that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on EBAY shares. Wells Fargo & Company increased their price target on eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Rothschild & Co Redburn raised their price objective on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Daiwa Securities Group lifted their price objective on eBay from $90.00 to $114.00 in a research note on Monday, May 11th. JPMorgan Chase & Co. increased their target price on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Benchmark raised their price target on shares of eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Thirteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, eBay currently has a consensus rating of “Hold” and a consensus price target of $107.84.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Takeover speculation could still support the stock if a higher or more credible bid emerges, as GameStop’s Ryan Cohen has said he may pursue other options after eBay rejected his $56 billion offer. Wall Street awaits GameStop CEO Cohen’s next move after eBay rejected takeover bid
• Positive Sentiment: Wall Street coverage has highlighted eBay’s strong recent earnings and revenue growth, and some analysts still view the company as a steady compounder with improved profitability. Is eBay Stock A Compounding Engine?
• Neutral Sentiment: Brokerages continue to rate eBay as “Hold,” suggesting investors are waiting for clearer catalysts before bidding the shares meaningfully higher. eBay Inc. (NASDAQ:EBAY) Given Consensus Rating of “Hold” by Brokerages
• Negative Sentiment: Arete Research trimmed its price target on eBay to $111 from $113 and kept a neutral rating, signaling more limited upside from current levels. Arete adjusts price target on eBay to $111 from $113, maintains neutral rating
• Negative Sentiment: eBay SVP Mazen Rawashdeh sold 50,000 shares in a pre-arranged trading plan, a move that can add to investor caution even though it was disclosed and not necessarily a negative signal on fundamentals. SEC Form 4 filing

Insider Activity at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $115.61, for a total value of $116,766.10. Following the completion of the sale, the senior vice president directly 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. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction 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 completion of the sale, the senior vice president owned 94,479 shares of the company’s stock, valued at $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 136,953 shares of company stock valued at $14,139,444. Company insiders own 0.64% of the company’s stock.

About eBay

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.