Independent Franchise Partners LLP Sells 750,082 Shares of eBay Inc. $EBAY

Independent Franchise Partners LLP lessened its holdings in eBay Inc. (NASDAQ:EBAY) by 9.2% during the third quarter, Holdings Channel.com reports. The firm owned 7,363,607 shares of the e-commerce company’s stock after selling 750,082 shares during the quarter. eBay accounts for 4.4% of Independent Franchise Partners LLP’s investment portfolio, making the stock its 12th largest holding. Independent Franchise Partners LLP’s holdings in eBay were worth $669,720,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. ABN AMRO Bank N.V. bought a new position in shares of eBay during the second quarter valued at about $235,149,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of eBay by 1,007.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock worth $163,058,000 after buying an additional 1,992,116 shares during the period. First Trust Advisors LP lifted its stake in shares of eBay by 27.8% in the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after acquiring an additional 1,808,976 shares during the last quarter. Panagora Asset Management Inc. lifted its stake in shares of eBay by 1,416.4% in the 2nd quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock valued at $61,949,000 after acquiring an additional 777,109 shares during the last quarter. Finally, Jupiter Asset Management Ltd. boosted its holdings in eBay by 236.9% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock valued at $81,226,000 after acquiring an additional 628,023 shares during the period. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $79.87, for a total value of $80,588.83. Following the completion of the sale, the senior vice president directly owned 5,743 shares of the company’s stock, valued at approximately $458,693.41. This trade represents a 14.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Mazen Rawashdeh sold 1,920 shares of eBay stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total transaction of $157,248.00. Following the sale, the senior vice president directly owned 5,746 shares in the company, valued at $470,597.40. The trade was a 25.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 41,697 shares of company stock worth $3,760,124 over the last quarter. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analysts Forecast Growth

EBAY has been the topic of several recent research reports. The Goldman Sachs Group upgraded eBay from a “sell” rating to a “neutral” rating and set a $88.00 price target on the stock in a research report on Thursday, February 19th. Barclays dropped their price objective on eBay from $105.00 to $104.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Needham & Company LLC raised their target price on shares of eBay from $115.00 to $122.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Bank of America lifted their target price on shares of eBay from $100.00 to $102.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $115.00 price target on shares of eBay in a report on Wednesday, January 28th. Fourteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $97.97.

eBay Trading Up 1.5%

EBAY opened at $91.34 on Friday. The business has a 50 day simple moving average of $89.74 and a two-hundred day simple moving average of $88.53. The firm has a market capitalization of $40.92 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 1.88 and a beta of 1.38. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. eBay Inc. has a one year low of $58.71 and a one year high of $101.15.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, topping 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 analyst estimates of $2.87 billion. During the same period last year, the company earned $1.25 EPS. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.4%. This is an increase from eBay’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, March 6th. eBay’s dividend payout ratio (DPR) is presently 28.51%.

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.