Lombard Odier Asset Management Europe Ltd Sells 49,236 Shares of eBay Inc. $EBAY

Lombard Odier Asset Management Europe Ltd lessened its holdings in eBay Inc. (NASDAQ:EBAY) by 39.1% in the fourth quarter, Holdings Channel reports. The firm owned 76,763 shares of the e-commerce company’s stock after selling 49,236 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in eBay were worth $6,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of EBAY. Guggenheim Capital LLC grew its stake 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 period. Jump Financial LLC bought a new position in shares of eBay during the 2nd quarter worth $275,000. NewEdge Advisors LLC grew its stake in shares of eBay by 70.4% during the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after acquiring an additional 44,851 shares during the period. Sei Investments Co. grew its stake in shares of eBay by 48.7% during the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after acquiring an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina grew its stake in shares of eBay by 26.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after acquiring an additional 67,731 shares during the period. Institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of EBAY opened at $109.32 on Wednesday. The stock has a 50-day moving average price of $107.05 and a 200-day moving average price of $94.89. The company has a market cap of $48.54 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39. eBay Inc. has a 12-month low of $72.84 and a 12-month 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.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.eBay’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities analysts forecast that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a $0.31 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. eBay’s payout ratio is presently 28.12%.

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was 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 owned 32,146 shares in the company, valued at $3,716,399.06. The trade was a 3.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the completion of the sale, the chief executive officer owned 280,204 shares of the company’s stock, valued at $30,707,556.36. The trade was a 3.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 95,233 shares of company stock worth $10,446,742 in the last quarter. 0.67% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Arete Research cut their price target on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Cantor Fitzgerald upped their price target on eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley increased their price target on shares of eBay to $117.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. BNP Paribas Exane increased their price target 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, Jefferies Financial Group increased their price target on shares of eBay from $60.00 to $65.00 in a report on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, eBay presently has an average rating of “Hold” and an average price target of $107.84.

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.