Janney Montgomery Scott LLC Trims Stake in eBay Inc. $EBAY

Janney Montgomery Scott LLC lowered its position in eBay Inc. (NASDAQ:EBAY) by 10.5% in the 1st quarter, Holdings Channel reports. The fund owned 88,917 shares of the e-commerce company’s stock after selling 10,477 shares during the quarter. Janney Montgomery Scott LLC’s holdings in eBay were worth $8,093,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Altshuler Shaham Ltd raised its holdings in eBay by 4,452,655.3% in the fourth quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock worth $182,282,000 after purchasing an additional 2,092,748 shares in the last quarter. First Trust Advisors LP lifted its position in eBay by 27.8% during the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after buying an additional 1,808,976 shares during the period. Alyeska Investment Group L.P. boosted its holdings in shares of eBay by 214.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock valued at $161,865,000 after buying an additional 1,267,601 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in shares of eBay by 3,248.7% during the 4th quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock valued at $109,483,000 after buying an additional 1,219,439 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in shares of eBay by 47.5% in the 4th quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after buying an additional 1,167,019 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In other news, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at $3,485,775.24. This represents a 5.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the transaction, the senior vice president owned 34,533 shares in the company, valued at approximately $3,769,967.61. This trade represents a 2.44% 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. Over the last quarter, insiders have sold 98,015 shares of company stock worth $10,749,186. 0.67% of the stock is owned by insiders.

eBay Price Performance

Shares of EBAY opened at $114.84 on Friday. The company has a market capitalization of $50.99 billion, a P/E ratio of 26.04, a price-to-earnings-growth ratio of 2.53 and a beta of 1.37. 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 firm has a 50 day moving average of $109.50 and a 200 day moving average of $97.23. eBay Inc. has a twelve month low of $75.12 and a twelve month high of $119.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data 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 analyst estimates 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 business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.31 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio (DPR) is currently 28.12%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EBAY shares. Sanford C. Bernstein lifted their price target on shares of eBay from $95.00 to $100.00 and gave the company a “market perform” rating in a research report on Wednesday, May 20th. UBS Group upped their price objective on shares of eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Morgan Stanley raised their target price on shares of eBay to $117.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Piper Sandler reaffirmed an “overweight” rating and set a $115.00 price objective (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Finally, BMO Capital Markets boosted their target price on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Thirteen equities 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 company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $108.61.

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.