Securian Asset Management Inc. reduced its position in eBay Inc. (NASDAQ:EBAY – Free Report) by 44.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,290 shares of the e-commerce company’s stock after selling 9,780 shares during the period. Securian Asset Management Inc.’s holdings in eBay were worth $1,070,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Guggenheim Capital LLC boosted its stake in shares of eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after acquiring an additional 988 shares during the period. Jump Financial LLC bought a new position in eBay during the second quarter worth $275,000. NewEdge Advisors LLC increased its holdings in shares of eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares during the last quarter. Sei Investments Co. raised its position in shares of eBay by 48.7% in the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina lifted its stake in shares of eBay by 26.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after buying an additional 67,731 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.
More eBay News
Here are the key news stories impacting eBay this week:
- Positive Sentiment: eBay rejected GameStop’s unsolicited $55.5 billion takeover offer, calling it “neither credible nor attractive,” which reassured investors that the company is sticking with its own growth strategy rather than pursuing a risky, financing-heavy transaction. eBay Rejects Unsolicited Proposal from GameStop
- Positive Sentiment: Morgan Stanley reiterated a Buy rating and kept a $121 price target, signaling that analysts still see upside based on eBay’s standalone value and strategic optionality. eBay: Buy Rating Reiterated as Board Rejects GameStop Bid; $121 Price Target Unchanged on Standalone Value and Strategic Optionality
- Positive Sentiment: Arete Research and Daiwa Securities both lifted their price targets this week, reinforcing bullish sentiment around eBay’s growth outlook after a strong recent run in the stock. Arete Adjusts Price Target on eBay
- Neutral Sentiment: Media coverage around the rejected bid is keeping eBay in the spotlight, which can support trading volume and speculation, but the headlines do not change the company’s underlying fundamentals by themselves. EBay rejects GameStop’s $56 billion takeover bid, calling it ‘neither credible nor attractive’
- Neutral Sentiment: The broader market was weaker, with tech stocks under pressure, which may have partially offset some of the deal-driven enthusiasm in eBay shares. Nasdaq, S&P 500 Retreat From Record Highs Amid Losses in Tech Sector
Insider Buying and Selling
eBay Stock Up 2.1%
Shares of EBAY opened at $110.40 on Wednesday. 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 Inc. has a 12 month low of $68.60 and a 12 month high of $111.38. The firm’s 50 day moving average is $96.70 and its 200-day moving average is $90.33. The stock has a market capitalization of $49.02 billion, a PE ratio of 25.03, a P/E/G ratio of 2.41 and a beta of 1.39.
eBay (NASDAQ:EBAY – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities research analysts forecast that eBay Inc. will post 4.83 EPS for the current year.
eBay Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Arete Research increased their price target on shares of eBay from $111.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday. Evercore set a $96.00 target price on eBay in a research note on Thursday, April 30th. Truist Financial lifted their price target on eBay from $94.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of eBay in a research report on Thursday, February 19th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $106.68.
Get Our Latest Stock Analysis on EBAY
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.
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