SteelPeak Wealth LLC Sells 10,507 Shares of eBay Inc. $EBAY

SteelPeak Wealth LLC lowered its stake in shares of eBay Inc. (NASDAQ:EBAY) by 24.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 32,207 shares of the e-commerce company’s stock after selling 10,507 shares during the period. SteelPeak Wealth LLC’s holdings in eBay were worth $2,805,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Financial Consulate Inc. acquired a new position in eBay in the 3rd quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. bought a new position in eBay in the third quarter worth $28,000. Beacon Financial Strategies CORP acquired a new stake in eBay during the fourth quarter worth $28,000. JFS Wealth Advisors LLC boosted its stake in eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after buying an additional 116 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new stake in eBay in the 3rd quarter valued at $28,000. 87.48% of the stock is owned by institutional investors and hedge funds.

Insider Activity at eBay

In other eBay news, SVP Mazen Rawashdeh sold 23,167 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total value of $2,168,199.53. Following the completion of the transaction, the senior vice president directly owned 28,915 shares of the company’s stock, valued at approximately $2,706,154.85. The trade was a 44.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Cornelius Boone sold 16,685 shares of the company’s stock in a transaction that occurred on 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 $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 sold 87,280 shares of company stock valued at $8,067,074 over the last ninety days. 0.64% of the stock is owned by insiders.

Analyst Ratings Changes

EBAY has been the subject of a number of analyst reports. President Capital raised their price objective on shares of eBay from $94.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Bank of America raised their price target on shares of eBay from $100.00 to $102.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Piper Sandler reiterated an “overweight” rating and issued a $105.00 price objective (up from $98.00) on shares of eBay in a research note on Thursday, February 19th. Jefferies Financial Group dropped their target price on eBay from $65.00 to $60.00 and set an “underperform” rating for the company in a report on Monday, February 23rd. Finally, BNP Paribas Exane boosted their price target on eBay from $90.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Fourteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $98.22.

eBay Stock Performance

NASDAQ EBAY opened at $94.14 on Friday. eBay Inc. has a 1-year low of $58.71 and a 1-year high of $101.15. The company has a 50 day moving average of $89.22 and a 200-day moving average of $88.41. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. The firm has a market cap of $42.17 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.97 and a beta of 1.34.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period in the prior year, the company earned $1.25 EPS. eBay’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. On average, equities analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date was Friday, March 6th. eBay’s dividend payout ratio is 28.51%.

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.