Brandywine Global Investment Management LLC Sells 10,897 Shares of eBay Inc. $EBAY

Brandywine Global Investment Management LLC trimmed its position in shares of eBay Inc. (NASDAQ:EBAY) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 866,383 shares of the e-commerce company’s stock after selling 10,897 shares during the period. Brandywine Global Investment Management LLC’s holdings in eBay were worth $75,462,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in EBAY. High Point Wealth Management LLC bought a new position in shares of eBay during the 4th quarter valued at $26,000. JPL Wealth Management LLC purchased a new position in eBay in the 3rd quarter worth approximately $28,000. JFS Wealth Advisors LLC boosted its stake in shares of eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares during the period. Beacon Financial Strategies CORP bought a new position in shares of eBay in the fourth quarter worth approximately $28,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of eBay in the fourth quarter worth $33,000. 87.48% of the stock is currently owned by institutional investors.

eBay Stock Performance

NASDAQ:EBAY opened at $109.35 on Monday. eBay Inc. has a one year low of $72.84 and a one year high of $119.31. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The company’s 50-day simple moving average is $104.60 and its 200 day simple moving average is $93.55. The firm has a market capitalization of $48.55 billion, a P/E ratio of 24.80, a PEG ratio of 2.43 and a beta of 1.39.

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. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the previous year, the firm posted $1.38 earnings per share. eBay’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. As a group, analysts forecast that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Dividend Announcement

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

Analyst Ratings Changes

EBAY has been the topic of several analyst reports. Robert W. Baird lifted their target price on shares of eBay from $105.00 to $117.00 in a research note on Thursday, April 30th. Morgan Stanley increased their price objective on eBay to $117.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. lifted their price target on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. TD Cowen lifted their price target on shares of eBay from $87.00 to $88.00 and gave the company a “hold” rating in a report on Friday, May 1st. Finally, Bank of America boosted their price target on shares of eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $107.84.

Insider Buying and Selling

In other news, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction on 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 completion of the transaction, the senior vice president directly owned 94,479 shares in the company, valued at $8,733,638.76. This trade represents a 15.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $115.61, for a total value 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. The trade was a 3.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 136,953 shares of company stock worth $14,139,444. 0.64% of the stock is currently owned by corporate insiders.

eBay Company 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.