Independent Franchise Partners LLP Acquires 384,570 Shares of eBay Inc. $EBAY

Independent Franchise Partners LLP increased its holdings in eBay Inc. (NASDAQ:EBAYFree Report) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,748,177 shares of the e-commerce company’s stock after buying an additional 384,570 shares during the period. eBay accounts for 4.3% of Independent Franchise Partners LLP’s investment portfolio, making the stock its 16th biggest position. Independent Franchise Partners LLP’s holdings in eBay were worth $674,866,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Janus Henderson Group PLC boosted its holdings in eBay by 6.5% in the 4th quarter. Janus Henderson Group PLC now owns 67,049 shares of the e-commerce company’s stock worth $5,840,000 after buying an additional 4,084 shares during the period. Evolve Private Wealth LLC bought a new position in eBay in the 4th quarter valued at $2,429,000. Ardsley Advisory Partners LP boosted its holdings in eBay by 44.1% in the 4th quarter. Ardsley Advisory Partners LP now owns 85,000 shares of the e-commerce company’s stock valued at $7,404,000 after purchasing an additional 26,000 shares during the period. Altshuler Shaham Ltd boosted its holdings in eBay by 4,452,655.3% in the 4th quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock valued at $182,282,000 after purchasing an additional 2,092,748 shares during the period. Finally, DV Equities LLC bought a new position in eBay in the 4th quarter valued at $55,000. 87.48% of the stock is owned by institutional investors.

eBay Stock Performance

eBay stock opened at $107.89 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $47.90 billion, a PE ratio of 24.46, a P/E/G ratio of 2.43 and a beta of 1.39. The firm has a fifty day simple moving average of $107.25 and a two-hundred day simple moving average of $95.06. eBay Inc. has a twelve month low of $72.84 and a twelve month high of $119.31.

eBay (NASDAQ:EBAYGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping 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 revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts expect that eBay Inc. will post 4.83 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s payout ratio is currently 28.12%.

Analyst Ratings Changes

Several research analysts have commented on EBAY shares. Barclays raised their price target on shares of eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Citizens Jmp raised their price target on shares of eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a report on Friday, May 1st. Arete Research cut their price target on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. President Capital raised their price target on shares of eBay from $94.00 to $102.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 price target on shares of eBay in a report on Monday, May 4th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $107.84.

Read Our Latest Stock Analysis on eBay

Insiders Place Their Bets

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the business’s stock in a transaction on Monday, May 18th. The shares were 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 directly owned 32,146 shares of the company’s stock, valued at $3,716,399.06. The trade was a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction on 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 completion of the sale, the senior vice president directly owned 29,217 shares of the company’s stock, valued at $3,419,557.68. This represents a 63.12% decrease in their ownership of the stock. 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 sold 95,233 shares of company stock valued at $10,446,742 over the last three months. Insiders own 0.67% of the company’s stock.

eBay Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAYFree Report).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Receive News & Ratings for eBay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay and related companies with MarketBeat.com's FREE daily email newsletter.