eBay Inc. $EBAY Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its stake in eBay Inc. (NASDAQ:EBAY) by 46.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 48,673 shares of the e-commerce company’s stock after selling 42,024 shares during the period. Intech Investment Management LLC’s holdings in eBay were worth $4,239,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of EBAY. First Trust Advisors LP raised its stake in shares of eBay by 27.8% in the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after purchasing an additional 1,808,976 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of eBay in the 3rd quarter valued at about $68,999,000. Arrowstreet Capital Limited Partnership raised its stake in shares of eBay by 32.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock valued at $262,973,000 after purchasing an additional 701,530 shares in the last quarter. Danske Bank A S acquired a new stake in shares of eBay in the 3rd quarter valued at about $63,098,000. Finally, Jupiter Asset Management Ltd. raised its stake in shares of eBay by 236.9% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock valued at $81,226,000 after purchasing an additional 628,023 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $110.35 on Tuesday. The firm’s 50 day moving average is $103.03 and its two-hundred day moving average is $92.86. eBay Inc. has a 52 week low of $72.83 and a 52 week high of $119.31. The firm has a market capitalization of $49.00 billion, a P/E ratio of 25.02, a PEG ratio of 2.43 and a beta of 1.39. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY) last announced its quarterly 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 net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter last year, the business earned $1.38 earnings per share. eBay’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. Analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current year.

eBay Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on EBAY shares. Citizens Jmp upped their target price 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. Benchmark increased their price objective 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. TD Cowen increased their price objective on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Wedbush increased their price objective on shares of eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Arete Research dropped their price objective on shares of eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. Thirteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $107.84.

Insider Activity

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the sale, the senior vice president owned 29,217 shares in the company, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of the firm’s 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 completion of the sale, the chief executive officer owned 352,653 shares in the company, valued at $34,337,822.61. The trade was a 5.62% decrease in their position. 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 a total of 136,953 shares of company stock worth $14,139,444 over the last ninety days. 0.64% of the stock is owned by company insiders.

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.