Sumitomo Mitsui Trust Group Inc. trimmed its stake in eBay Inc. (NASDAQ:EBAY – Free Report) by 6.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 966,842 shares of the e-commerce company’s stock after selling 66,215 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in eBay were worth $88,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of eBay during the first quarter valued at about $8,550,000. Frank Rimerman Advisors LLC lifted its stake in shares of eBay by 3.7% in the first quarter. Frank Rimerman Advisors LLC now owns 6,243 shares of the e-commerce company’s stock valued at $568,000 after buying an additional 220 shares during the period. Childress Capital Advisors LLC grew its position in eBay by 51.1% during the first quarter. Childress Capital Advisors LLC now owns 5,567 shares of the e-commerce company’s stock worth $507,000 after buying an additional 1,882 shares in the last quarter. R Squared Ltd bought a new position in eBay during the first quarter valued at about $688,000. Finally, Integrated Advisors Network LLC increased its stake in eBay by 17.8% during the first quarter. Integrated Advisors Network LLC now owns 6,409 shares of the e-commerce company’s stock valued at $583,000 after acquiring an additional 967 shares during the period. Institutional investors own 87.48% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on EBAY shares. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a report on Monday, May 4th. Arete Research lowered their price objective on eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. BMO Capital Markets upped their target price on eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Wall Street Zen raised eBay from a “hold” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Jefferies Financial Group raised their target price on eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, eBay has an average rating of “Hold” and a consensus target price of $108.65.
Insiders Place Their Bets
In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of eBay stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $100.36, for a total transaction of $1,215,660.68. Following the completion of the transaction, the senior vice president directly owned 30,835 shares of the company’s stock, valued at approximately $3,094,600.60. This trade represents a 28.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the completion of the sale, the chief executive officer owned 280,204 shares in the company, valued at $30,707,556.36. This represents a 3.81% 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 88,125 shares of company stock worth $9,963,512 over the last three months. 0.67% of the stock is currently owned by corporate insiders.
eBay Price Performance
NASDAQ EBAY traded down $0.13 during trading on Friday, reaching $117.20. 2,224,609 shares of the company traded hands, compared to its average volume of 2,933,482. eBay Inc. has a 1-year low of $75.78 and a 1-year high of $119.31. The company has a market cap of $52.04 billion, a price-to-earnings ratio of 26.58, a P/E/G ratio of 2.59 and a beta of 1.37. The stock’s 50 day moving average price is $110.95 and its two-hundred day moving average price is $98.36. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.
eBay (NASDAQ:EBAY – Get Free Report) last issued its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.eBay’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, analysts anticipate that eBay Inc. will post 4.87 EPS for the current year.
eBay Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio is currently 28.12%.
eBay News Summary
Here are the key news stories impacting eBay this week:
- Positive Sentiment: eBay was added to several Russell growth indexes, including the Russell Midcap Growth and Russell 1000 Growth benchmarks, which could boost institutional ownership and index-driven demand for the shares. eBay joins Russell Growth Indexes
- Positive Sentiment: Investor enthusiasm remains focused on eBay’s expansion of live shopping and AI-driven recommerce initiatives, including eBay Live and its investment in Fleek, which reinforce the company’s growth strategy. eBay expanding live shopping and investing in AI resale startup
- Positive Sentiment: Analysts are generally constructive into the report, with recent coverage highlighting eBay’s improving fundamentals and a favorable setup heading into Q2 earnings. Earnings Preview: What To Expect From eBay’s Report
- Neutral Sentiment: CEO Jamie Iannone sold shares under a pre-arranged trading plan, which is usually viewed as routine and not a strong signal about the company’s outlook. Jamie Iannone sells shares of eBay stock
- Neutral Sentiment: eBay’s addition to short-interest data did not show meaningful bearish pressure, with reported short interest effectively unchanged at zero shares.
- Neutral Sentiment: Wells Fargo slightly raised its price target on eBay but kept an equal-weight rating, suggesting a more cautious stance than the bullish headlines imply.
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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