Andra AP fonden trimmed its holdings in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 51.4% in the first quarter, HoldingsChannel reports. The firm owned 111,687 shares of the e-commerce company’s stock after selling 118,313 shares during the period. Andra AP fonden’s holdings in eBay were worth $10,166,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. increased its position in eBay by 4.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock worth $255,294,000 after purchasing an additional 113,553 shares during the period. Allworth Financial LP lifted its position in eBay by 62.6% during the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after purchasing an additional 8,899 shares during the period. North Dakota State Investment Board bought a new position in shares of eBay in the 4th quarter valued at about $1,809,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay during the 4th quarter worth approximately $9,368,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of eBay during the 4th quarter worth approximately $1,209,000. Institutional investors own 87.48% of the company’s stock.
eBay News Roundup
Here are the key news stories impacting eBay this week:
- Positive Sentiment: GameStop raised its eBay stake to nearly 10% (about 43.4 million shares), showing strong conviction and increasing the odds of continued strategic pressure on eBay. Article Title
- Positive Sentiment: Some investors may view the rejected bid and renewed buying as a sign that eBay’s shares could attract further takeover or activist interest, potentially supporting the stock. Article Title
- Neutral Sentiment: Multiple reports confirm the same core development: Ryan Cohen and GameStop expanded their eBay position after eBay’s board rejected a roughly $55.5 billion offer at $125 per share as “neither credible nor attractive.” The details reinforce the takeover narrative, but do not add new business fundamentals. Article Title
- Neutral Sentiment: Commentary framing the situation as an activist campaign rather than a straightforward acquisition suggests the story may create volatility, but the ultimate impact on eBay remains uncertain. Article Title
- Negative Sentiment: eBay’s board rejection of the offer signals management is not receptive to the current proposal, which reduces the chance of an immediate deal and may disappoint takeover traders. Article Title
Insider Activity at eBay
eBay Stock Down 1.0%
eBay stock opened at $113.04 on Wednesday. The stock has a market capitalization of $50.19 billion, a PE ratio of 25.63, a price-to-earnings-growth ratio of 2.52 and a beta of 1.37. eBay Inc. has a twelve month low of $77.12 and a twelve month high of $119.31. 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 50 day moving average of $111.77 and a 200-day moving average of $99.81.
eBay (NASDAQ:EBAY – Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities research analysts anticipate that eBay Inc. will post 4.87 EPS for the current fiscal year.
eBay Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. eBay’s dividend payout ratio (DPR) is presently 28.12%.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on EBAY. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Rothschild & Co Redburn upped their target price on shares of eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. BMO Capital Markets increased their price target on eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Wells Fargo & Company raised their price target on eBay from $104.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 price objective on eBay in a research note on Monday, May 4th. Fourteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $110.52.
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.
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