Arrowstreet Capital Limited Partnership Reduces Stock Holdings in eBay Inc. $EBAY

Arrowstreet Capital Limited Partnership reduced its stake in shares of eBay Inc. (NASDAQ:EBAY) by 38.0% during the first quarter, Holdings Channel reports. The firm owned 1,858,769 shares of the e-commerce company’s stock after selling 1,137,108 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in eBay were worth $169,185,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of EBAY. Vanguard Group Inc. raised its stake in eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after buying an additional 468,833 shares in the last quarter. Invesco Ltd. raised its holdings in eBay by 8.3% in the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after purchasing an additional 692,805 shares in the last quarter. Independent Franchise Partners LLP lifted its position in eBay by 5.2% during the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after buying an additional 384,570 shares during the period. Dimensional Fund Advisors LP lifted its position in eBay by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after acquiring an additional 80,450 shares during the period. Finally, Allianz Asset Management GmbH boosted its stake in eBay by 47.5% during the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after acquiring an additional 1,167,019 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $109.39 on Friday. The firm has a 50 day moving average of $111.52 and a 200 day moving average of $100.20. The firm has a market capitalization of $48.57 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 2.40 and a beta of 1.37. 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.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate 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 return on equity of 46.11% and a net margin of 17.58%.eBay’s revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the business posted $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 earnings per share for the current year.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

Insider Transactions at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the completion of the sale, the senior vice president owned 34,533 shares in the company, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the sale, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This trade represents a 5.64% decrease in their position. 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. Insiders sold a total of 76,012 shares of company stock valued at $8,747,852 over the last three months. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Citizens Jmp upped their price target on eBay from $120.00 to $125.00 and gave the stock a “market outperform” rating in a research note on Tuesday, July 14th. Citigroup reaffirmed an “outperform” rating on shares of eBay in a research report on Tuesday, July 14th. Jefferies Financial Group lifted their price objective on eBay from $65.00 to $75.00 and gave the company an “underperform” rating in a research note on Tuesday, July 14th. Finally, UBS Group boosted their target price on eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Fourteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average 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.