eBay Inc. $EBAY Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. decreased its holdings in eBay Inc. (NASDAQ:EBAY) by 89.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 55,460 shares of the e-commerce company’s stock after selling 460,519 shares during the quarter. Assenagon Asset Management S.A.’s holdings in eBay were worth $4,831,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Financial Consulate Inc. acquired a new stake in shares of eBay during the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of eBay during the 3rd quarter worth $28,000. JPL Wealth Management LLC acquired a new position in shares of eBay in the 3rd quarter worth $28,000. Salomon & Ludwin LLC acquired a new position in shares of eBay in the 3rd quarter worth $32,000. Finally, Stance Capital LLC acquired a new stake in shares of eBay during the third quarter worth $35,000. Institutional investors own 87.48% of the company’s stock.

eBay Stock Down 1.6%

Shares of eBay stock opened at $87.98 on Friday. The stock has a 50-day moving average price of $89.29 and a 200 day moving average price of $88.37. The company has a market cap 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. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15.

eBay (NASDAQ:EBAY) last released 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. The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, analysts expect that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Increases Dividend

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

Insider Activity at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of eBay stock in a transaction on Friday, January 30th. The shares were sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the completion of the sale, the senior vice president owned 4,733 shares of the company’s stock, valued at $435,388.67. This trade represents a 87.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were 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. This represents a 15.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 87,280 shares of company stock valued at $8,067,074. Corporate insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on EBAY. Stifel Nicolaus upped their target price on eBay from $88.00 to $94.00 and gave the company a “hold” rating in a report on Thursday, February 19th. BNP Paribas Exane lifted their price target on eBay from $90.00 to $97.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. President Capital cut their price objective on eBay from $103.00 to $94.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Wells Fargo & Company upped their price objective on shares of eBay from $98.00 to $101.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. Finally, Daiwa Securities Group raised their target price on shares of eBay from $84.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $97.97.

eBay 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.