Catalyst Funds Management Pty Ltd Has $451,000 Stake in eBay Inc. $EBAY

Catalyst Funds Management Pty Ltd lowered its position in shares of eBay Inc. (NASDAQ:EBAY) by 84.4% during the fourth quarter, HoldingsChannel reports. The fund owned 5,180 shares of the e-commerce company’s stock after selling 28,000 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in eBay were worth $451,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jefferies Financial Group Inc. bought a new position in eBay in the fourth quarter valued at about $1,209,000. Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of eBay by 2.0% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 10,353 shares of the e-commerce company’s stock worth $902,000 after purchasing an additional 205 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of eBay by 80.7% during the fourth quarter. Global Retirement Partners LLC now owns 8,212 shares of the e-commerce company’s stock worth $715,000 after purchasing an additional 3,668 shares during the last quarter. Mach 1 Financial Group LLC acquired a new position in shares of eBay in the fourth quarter valued at approximately $695,000. Finally, Aspen Investment Management Inc acquired a new position in shares of eBay in the fourth quarter valued at approximately $531,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EBAY shares. BMO Capital Markets lifted their target price on shares of eBay from $120.00 to $130.00 in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a research report on Sunday, April 26th. Wells Fargo & Company raised their price target on shares of eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Morgan Stanley lifted their price target on shares of eBay to $117.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Finally, Piper Sandler reissued an “overweight” rating and issued a $115.00 price objective (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Thirteen investment 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’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $107.90.

Insiders Place Their Bets

In related news, SVP Cornelius Boone sold 16,685 shares of the company’s stock in a transaction dated 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 sale, the senior vice president owned 94,479 shares in the company, valued at $8,733,638.76. This represents a 15.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jamie Iannone sold 21,000 shares of the firm’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 sale, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This represents a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 86,953 shares of company stock valued at $8,287,444. 0.64% of the stock is currently owned by insiders.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its economic exposure to eBay through derivatives and filings, increasing speculation that Ryan Cohen may push for a takeover or activist campaign that could unlock value for EBAY shareholders. GameStop Raises Economic Exposure to eBay
• Positive Sentiment: Reports that GameStop is interested in buying eBay helped lift sentiment, as takeover speculation can boost a stock on expectations of a higher offer price or strategic restructuring. eBay (EBAY) Stock Is Up, What You Need To Know
• Neutral Sentiment: Analysts and media coverage are debating whether Ryan Cohen should be taken seriously as an eBay investor, adding attention but not yet confirming a formal deal or major operating change. Should Ryan Cohen be taken seriously as an eBay investor?
• Neutral Sentiment: Additional coverage highlighted eBay’s recent surge to 52-week highs, suggesting the stock has already priced in some of the takeover-related optimism. Why did ARM, SLS, EBAY stocks surge to 52-week highs?
• Negative Sentiment: Some commentary warned that a GameStop bid could damage its own credit rating and valuation, which may temper enthusiasm if the takeover thesis becomes less credible or more complicated. GameStop Wants to Buy eBay. It Could Collapse Its Credit Rating and Valuation in the Process.

eBay Price Performance

eBay stock opened at $115.75 on Monday. The firm has a market cap of $51.39 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 2.57 and a beta of 1.39. eBay Inc. has a 52-week low of $71.53 and a 52-week high of $119.31. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a 50 day moving average price of $100.54 and a two-hundred day moving average price of $91.64.

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

eBay Dividend Announcement

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