Kiltearn Partners LLP Sells 28,200 Shares of eBay Inc. $EBAY

Kiltearn Partners LLP reduced its position in eBay Inc. (NASDAQ:EBAY) by 16.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,794 shares of the e-commerce company’s stock after selling 28,200 shares during the period. eBay accounts for about 2.6% of Kiltearn Partners LLP’s investment portfolio, making the stock its 15th biggest position. Kiltearn Partners LLP’s holdings in eBay were worth $13,078,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EBAY. Soltis Investment Advisors LLC purchased a new position in eBay during the 2nd quarter valued at approximately $201,000. Savant Capital LLC raised its holdings in shares of eBay by 19.4% during the 2nd quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after acquiring an additional 3,933 shares in the last quarter. Wedbush Securities Inc. purchased a new stake in shares of eBay during the 2nd quarter worth approximately $215,000. AE Wealth Management LLC boosted its position in shares of eBay by 16.6% during the 2nd quarter. AE Wealth Management LLC now owns 92,966 shares of the e-commerce company’s stock valued at $6,922,000 after acquiring an additional 13,250 shares during the last quarter. Finally, AGF Management Ltd. boosted its position in shares of eBay by 11.0% during the 2nd quarter. AGF Management Ltd. now owns 42,278 shares of the e-commerce company’s stock valued at $3,148,000 after acquiring an additional 4,197 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EBAY has been the topic of several research reports. Jefferies Financial Group reduced their price target on shares of eBay from $65.00 to $60.00 and set an “underperform” rating on the stock in a research report on Monday, February 23rd. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Barclays dropped their price objective on shares of eBay from $105.00 to $104.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Benchmark upped their target price on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Finally, Bank of America increased their price target on shares of eBay from $100.00 to $102.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $97.97.

eBay Stock Performance

Shares of NASDAQ:EBAY opened at $92.71 on Monday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The company has a market capitalization of $41.53 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 1.94 and a beta of 1.38. The firm’s 50-day moving average is $89.33 and its 200 day moving average is $88.64.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. eBay had a return on equity of 43.04% and a net margin of 18.30%.The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the prior year, the firm posted $1.25 earnings per share. The company’s quarterly revenue was up 15.0% on a year-over-year basis. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Research analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio (DPR) is 28.51%.

Insider Activity at eBay

In other news, SVP Julie A. Loeger sold 2,896 shares of eBay stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $82.44, for a total transaction of $238,746.24. Following the completion of the sale, the senior vice president owned 55,990 shares of the company’s stock, valued at approximately $4,615,815.60. The trade was a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total value of $374,540.28. Following the completion of the transaction, the senior vice president directly owned 91,921 shares in the company, valued at approximately $7,715,848.74. This trade represents a 4.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,593 shares of company stock valued at $3,998,870 in the last quarter. Corporate insiders own 0.64% of the company’s stock.

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.