Bank of New York Mellon Corp Trims Position in eBay Inc. $EBAY

Bank of New York Mellon Corp lessened its stake in shares of eBay Inc. (NASDAQ:EBAY) by 15.9% during the 4th quarter, Holdings Channel reports. The fund owned 2,973,564 shares of the e-commerce company’s stock after selling 560,856 shares during the quarter. Bank of New York Mellon Corp’s holdings in eBay were worth $258,997,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of EBAY. High Point Wealth Management LLC acquired a new stake in shares of eBay during the 4th quarter worth about $26,000. Beacon Financial Strategies CORP acquired a new stake in shares of eBay during the 4th quarter worth about $28,000. JFS Wealth Advisors LLC increased its position in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after purchasing an additional 116 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of eBay during the 3rd quarter worth about $28,000. Finally, Eagle Bay Advisors LLC acquired a new position in eBay in the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of EBAY opened at $109.15 on Friday. The stock has a 50 day moving average price of $104.21 and a 200 day moving average price of $93.36. 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 company has a market capitalization of $48.46 billion, a price-to-earnings ratio of 24.75, a price-to-earnings-growth ratio of 2.42 and a beta of 1.39. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts predict that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio is 28.12%.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 21,000 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the sale, the chief executive officer owned 352,653 shares in the company, valued at approximately $34,337,822.61. The trade was a 5.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,542,361.40. Following the completion of the sale, the senior vice president owned 94,479 shares of the company’s stock, valued at approximately $8,733,638.76. This represents a 15.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 136,953 shares of company stock valued at $14,139,444. 0.64% of the stock is owned by company insiders.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop’s strong quarterly results and new $2 billion buyback are drawing attention back to the e-commerce and collectibles space, reinforcing investor interest in platforms like eBay that benefit from higher trading activity and marketplace engagement. GameStop reports 14% rise in quarterly revenue, unveils $2 billion share buyback
• Positive Sentiment: eBay’s recent earnings beat and raised outlook continue to support the stock, with the company reporting stronger-than-expected revenue and EPS along with solid year-over-year growth. Recent eBay earnings results
• Neutral Sentiment: News that GameStop is increasing its stake in eBay adds speculation around a possible strategic angle, but there is no confirmed acquisition or major corporate action yet. GameStop Ups Its Stake in eBay Further. Ryan Cohen Must Be Betting on Another Meme Stock Surge.
• Neutral Sentiment: A post about “Buy eBay Seller Accounts” appears unrelated to the company’s fundamentals and is unlikely to have a meaningful stock impact. Buy eBay Seller Accounts
• Neutral Sentiment: Other articles about payment trends and industry commentary are broad sector news and do not directly change eBay’s near-term outlook. Pay by Bank is fragmenting: That’s a sign it’s working — but there’s a catch

Analysts Set New Price Targets

EBAY has been the subject of several research reports. Jefferies Financial Group lifted their target price on eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. BMO Capital Markets lifted their target price on eBay from $120.00 to $130.00 in a research report on Thursday, April 30th. Wells Fargo & Company boosted their price objective on eBay from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Bank of America boosted their price objective on eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Finally, Cantor Fitzgerald boosted their price objective on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $107.84.

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.