eBay Inc. $EBAY Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. reduced its holdings in eBay Inc. (NASDAQ:EBAY) by 17.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,165 shares of the e-commerce company’s stock after selling 20,581 shares during the quarter. eBay accounts for 1.2% of Thompson Investment Management Inc.’s portfolio, making the stock its 25th largest position. Thompson Investment Management Inc.’s holdings in eBay were worth $10,858,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Guggenheim Capital LLC increased its stake in eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after buying an additional 988 shares during the period. Jump Financial LLC acquired a new position in shares of eBay during the 2nd quarter valued at $275,000. NewEdge Advisors LLC increased its position in shares of eBay by 70.4% during the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares during the period. Sei Investments Co. raised its stake in shares of eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after buying an additional 154,465 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of eBay by 26.3% in the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after buying an additional 67,731 shares during the period. Institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EBAY. Daiwa Securities Group upped their price target on shares of eBay from $90.00 to $114.00 in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a report on Monday, May 4th. Barclays increased their price objective on eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Weiss Ratings raised eBay from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday. Finally, Arete Research decreased their price target on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Fourteen research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.00.

eBay Price Performance

EBAY opened at $102.31 on Thursday. The stock has a fifty day moving average of $110.88 and a 200-day moving average of $101.92. The firm has a market capitalization of $45.53 billion, a P/E ratio of 21.18, a PEG ratio of 2.55 and a beta of 1.37. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the previous year, the firm earned $1.37 earnings per share. eBay’s quarterly revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities analysts forecast that eBay Inc. will post 4.89 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio is currently 25.67%.

Insiders Place Their Bets

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the transaction, the senior vice president directly owned 34,533 shares of the company’s stock, valued at $3,769,967.61. This represents a 2.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total value of $1,205,990.50. Following the sale, the chief executive officer owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 87,122 shares of company stock worth $9,953,842 in the last quarter. 0.67% of the stock is currently owned by corporate insiders.

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.