Prudential PLC cut its stake in eBay Inc. (NASDAQ:EBAY – Free Report) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,062 shares of the e-commerce company’s stock after selling 4,846 shares during the period. Prudential PLC’s holdings in eBay were worth $9,761,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Quotient Wealth Partners LLC lifted its stake in eBay by 4.5% during the fourth quarter. Quotient Wealth Partners LLC now owns 2,558 shares of the e-commerce company’s stock valued at $223,000 after purchasing an additional 110 shares during the last quarter. Childress Capital Advisors LLC lifted its stake in eBay by 3.2% during the fourth quarter. Childress Capital Advisors LLC now owns 3,685 shares of the e-commerce company’s stock valued at $321,000 after purchasing an additional 114 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares during the last quarter. Harfst & Associates Inc. lifted its stake in eBay by 0.6% during the fourth quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares during the last quarter. Finally, Freestone Capital Holdings LLC lifted its stake in eBay by 3.0% during the fourth quarter. Freestone Capital Holdings LLC now owns 4,613 shares of the e-commerce company’s stock valued at $402,000 after purchasing an additional 135 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Sanford C. Bernstein increased their target price on shares of eBay from $95.00 to $100.00 and gave the company a “market perform” rating in a research note on Wednesday, May 20th. Evercore set a $96.00 target price on shares of eBay in a research note on Thursday, April 30th. Arete Research cut their target price on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Piper Sandler restated an “overweight” rating and issued a $115.00 price target (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Finally, Cantor Fitzgerald upped their price target on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, eBay has an average rating of “Hold” and an average target price of $107.84.
eBay Stock Up 0.2%
Shares of NASDAQ:EBAY opened at $109.35 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market cap of $48.55 billion, a PE ratio of 24.80, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39. eBay Inc. has a 52 week low of $72.84 and a 52 week high of $119.31. The firm has a 50 day simple moving average of $104.60 and a 200 day simple moving average of $93.47.
eBay (NASDAQ:EBAY – Get Free Report) last issued 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. The business had revenue of $3.09 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts expect that eBay Inc. will post 4.83 earnings per share for the current year.
eBay Announces Dividend
The business also recently disclosed 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. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, May 29th. eBay’s dividend payout ratio is currently 28.12%.
Insider Activity at eBay
In other eBay news, CEO Jamie Iannone sold 21,000 shares of the company’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 value of $2,044,770.00. Following the transaction, the chief executive officer owned 352,653 shares in the company, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total transaction of $1,199,686.32. Following the completion of the transaction, the senior vice president owned 42,948 shares in the company, valued at approximately $3,970,113.12. This represents a 23.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 136,953 shares of company stock worth $14,139,444 in the last 90 days. 0.64% of the stock is owned by corporate insiders.
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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