PNC Financial Services Group Inc. Cuts Stock Position in eBay Inc. $EBAY

PNC Financial Services Group Inc. lowered its holdings in eBay Inc. (NASDAQ:EBAY) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 181,820 shares of the e-commerce company’s stock after selling 7,952 shares during the period. PNC Financial Services Group Inc.’s holdings in eBay were worth $15,836,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. High Point Wealth Management LLC bought a new stake in shares of eBay in the fourth quarter valued at $26,000. Beacon Financial Strategies CORP bought a new stake in shares of eBay in the fourth quarter valued at $28,000. JFS Wealth Advisors LLC raised its stake in shares of eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after buying an additional 116 shares during the period. JPL Wealth Management LLC bought a new stake in shares of eBay in the third quarter valued at $28,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of eBay in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the topic of several research reports. BNP Paribas Exane boosted their target price on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. President Capital boosted their target price on eBay from $94.00 to $102.00 and gave the company a “buy” rating in a research note on Tuesday, March 31st. Wells Fargo & Company boosted their target price on eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Benchmark boosted their target price on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, TD Cowen boosted their target price on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research note on Friday, May 1st. Thirteen equities 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $107.90.

eBay Stock Performance

Shares of EBAY opened at $115.75 on Friday. The stock’s 50-day simple moving average is $100.54 and its 200 day simple moving average is $91.57. The stock has a market capitalization of $51.39 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 2.61 and a beta of 1.39. 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 52-week low of $71.53 and a 52-week high of $119.31.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data 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 business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.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 posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts forecast that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Announces Dividend

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

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its economic exposure to eBay through derivatives and filings, increasing speculation that Ryan Cohen may push for a takeover or activist campaign that could unlock value for EBAY shareholders. GameStop Raises Economic Exposure to eBay
• Positive Sentiment: Reports that GameStop is interested in buying eBay helped lift sentiment, as takeover speculation can boost a stock on expectations of a higher offer price or strategic restructuring. eBay (EBAY) Stock Is Up, What You Need To Know
• Neutral Sentiment: Analysts and media coverage are debating whether Ryan Cohen should be taken seriously as an eBay investor, adding attention but not yet confirming a formal deal or major operating change. Should Ryan Cohen be taken seriously as an eBay investor?
• Neutral Sentiment: Additional coverage highlighted eBay’s recent surge to 52-week highs, suggesting the stock has already priced in some of the takeover-related optimism. Why did ARM, SLS, EBAY stocks surge to 52-week highs?
• Negative Sentiment: Some commentary warned that a GameStop bid could damage its own credit rating and valuation, which may temper enthusiasm if the takeover thesis becomes less credible or more complicated. GameStop Wants to Buy eBay. It Could Collapse Its Credit Rating and Valuation in the Process.

Insider Buying and Selling

In related news, SVP Mazen Rawashdeh sold 23,167 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the sale, the senior vice president owned 28,915 shares of the company’s stock, valued at approximately $2,706,154.85. This represents a 44.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Cornelius Boone sold 16,685 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,542,361.40. Following the sale, the senior vice president directly owned 94,479 shares in the company, valued at $8,733,638.76. This trade represents a 15.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 86,953 shares of company stock worth $8,287,444. Company insiders own 0.64% of the company’s stock.

eBay 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.