Geneos Wealth Management Inc. Sells 8,231 Shares of eBay Inc. $EBAY

Geneos Wealth Management Inc. trimmed its position in eBay Inc. (NASDAQ:EBAY) by 95.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 383 shares of the e-commerce company’s stock after selling 8,231 shares during the period. Geneos Wealth Management Inc.’s holdings in eBay were worth $35,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its holdings in shares of 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 valued at $255,294,000 after acquiring an additional 113,553 shares in the last quarter. Allworth Financial LP increased its stake in shares of eBay by 62.6% during the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after acquiring an additional 8,899 shares during the period. North Dakota State Investment Board purchased a new position in eBay during the fourth quarter worth about $1,809,000. Eurizon Capital SGR S.p.A. purchased a new position in eBay during the fourth quarter worth about $9,368,000. Finally, Jefferies Financial Group Inc. acquired a new stake in eBay in the fourth quarter valued at about $1,209,000. 87.48% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on EBAY shares. Wall Street Zen raised eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Bank of America increased their target price on eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. UBS Group raised their price target on eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Sanford C. Bernstein upped their price objective on eBay from $95.00 to $100.00 and gave the stock a “market perform” rating in a report on Wednesday, May 20th. Finally, Stifel Nicolaus set a $98.00 price objective on eBay in a research report on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus price target of $110.52.

Insider Buying and Selling

In other news, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the transaction, the senior vice president owned 29,217 shares in the company, valued at $3,419,557.68. This trade represents a 63.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $115.61, for a total transaction of $116,766.10. Following the transaction, the senior vice president owned 32,146 shares of the company’s stock, valued at $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 76,012 shares of company stock valued at $8,747,852. 0.67% of the stock is owned by insiders.

eBay Trading Down 1.5%

Shares of eBay stock opened at $109.32 on Friday. eBay Inc. has a 12-month low of $77.12 and a 12-month high of $119.31. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The stock has a market cap of $48.54 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 2.44 and a beta of 1.37. The company has a 50-day moving average of $111.65 and a two-hundred day moving average of $100.13.

eBay (NASDAQ:EBAY) last posted 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 company had revenue of $3.09 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts anticipate that eBay Inc. will post 4.89 EPS for the current fiscal year.

eBay Dividend Announcement

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 of this dividend was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s payout ratio is currently 28.12%.

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.