Kestra Investment Management LLC Has $519,000 Stock Holdings in eBay Inc. $EBAY

Kestra Investment Management LLC trimmed its stake in eBay Inc. (NASDAQ:EBAY) by 53.7% in the fourth quarter, HoldingsChannel reports. The firm owned 5,958 shares of the e-commerce company’s stock after selling 6,918 shares during the period. Kestra Investment Management LLC’s holdings in eBay were worth $519,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of EBAY. First Trust Advisors LP grew its holdings in eBay by 27.8% in the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after purchasing an additional 1,808,976 shares during the period. Woodline Partners LP bought a new position in shares of eBay in the third quarter valued at $68,999,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of eBay by 32.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock valued at $262,973,000 after buying an additional 701,530 shares in the last quarter. Danske Bank A S bought a new position in shares of eBay in the third quarter valued at $63,098,000. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of eBay by 236.9% in the third quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock valued at $81,226,000 after buying an additional 628,023 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 21,000 shares of the firm’s stock in a transaction dated 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 approximately $34,337,822.61. This trade represents a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the sale, the senior vice president owned 29,217 shares of the company’s stock, valued at $3,419,557.68. This trade represents a 63.12% 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. Over the last three months, insiders have sold 136,953 shares of company stock worth $14,139,444. 0.64% of the stock is currently owned by corporate insiders.

eBay News Roundup

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

eBay Stock Down 4.3%

EBAY opened at $110.36 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The company’s 50-day moving average is $101.92 and its 200 day moving average is $92.33. eBay Inc. has a fifty-two week low of $71.85 and a fifty-two week high of $119.31. The firm has a market capitalization of $49.00 billion, a P/E ratio of 25.03, a PEG ratio of 2.57 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted 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. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter last year, the company posted $1.38 earnings per share. The firm’s quarterly 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. Research analysts expect that eBay Inc. will post 4.83 earnings per share 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. 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 28.12%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Cantor Fitzgerald raised their price objective on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a research note on Monday, May 4th. President Capital raised their price objective on shares of eBay from $94.00 to $102.00 and gave the company a “buy” rating in a research note on Tuesday, March 31st. Benchmark raised their price objective on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $115.00 price objective (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.