Acropolis Investment Management LLC Trims Stake in eBay Inc. $EBAY

Acropolis Investment Management LLC lessened its position in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 36.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,884 shares of the e-commerce company’s stock after selling 8,488 shares during the quarter. Acropolis Investment Management LLC’s holdings in eBay were worth $1,296,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EBAY. Financial Consulate Inc. purchased a new position in shares of eBay during the third quarter worth approximately $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of eBay in the third quarter valued at about $28,000. JPL Wealth Management LLC purchased a new position in shares of eBay during the third quarter worth about $28,000. JFS Wealth Advisors LLC increased its position in eBay by 57.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after acquiring an additional 116 shares during the period. Finally, Beacon Financial Strategies CORP acquired a new position in eBay in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on EBAY shares. Truist Financial set a $94.00 target price on eBay and gave the company a “hold” rating in a research note on Thursday, February 19th. Morgan Stanley restated an “overweight” rating and set a $119.00 price objective on shares of eBay in a research report on Thursday, February 19th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $90.00 target price on shares of eBay in a report on Thursday, February 19th. Evercore increased their price target on shares of eBay from $93.00 to $94.00 in a report on Thursday, February 19th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of eBay in a report on Thursday, February 19th. Fourteen 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 stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $97.97.

Read Our Latest Report on EBAY

Insider Transactions at eBay

In other eBay news, SVP Mazen Rawashdeh sold 23,167 shares of eBay stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total value of $2,168,199.53. Following the completion of the sale, the senior vice president owned 28,915 shares in the company, valued at $2,706,154.85. The trade was a 44.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 transaction of $1,542,361.40. Following the transaction, the senior vice president owned 94,479 shares in the company, valued at approximately $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 87,280 shares of company stock worth $8,067,074 over the last quarter. 0.64% of the stock is currently owned by insiders.

eBay Stock Down 1.6%

Shares of NASDAQ:EBAY opened at $87.98 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $39.42 billion, a P/E ratio of 20.23, a P/E/G ratio of 1.84 and a beta of 1.38. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The stock’s fifty day simple moving average is $89.29 and its 200-day simple moving average is $88.37.

eBay (NASDAQ:EBAYGet Free Report) last announced its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the previous year, the company posted $1.25 EPS. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, equities research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is currently 28.51%.

About eBay

(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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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