Illinois Municipal Retirement Fund Reduces Holdings in eBay Inc. $EBAY

Illinois Municipal Retirement Fund trimmed its stake in shares of eBay Inc. (NASDAQ:EBAY) by 8.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 295,722 shares of the e-commerce company’s stock after selling 28,934 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in eBay were worth $25,757,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. High Point Wealth Management LLC purchased a new stake in shares of eBay during the fourth quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of eBay in the third quarter worth $28,000. JFS Wealth Advisors LLC increased its stake in shares of eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after buying an additional 116 shares during the period. Beacon Financial Strategies CORP bought a new stake in eBay during the 4th quarter valued at $28,000. Finally, Eagle Bay Advisors LLC purchased a new stake in eBay during the 4th quarter valued at $33,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on EBAY shares. Jefferies Financial Group raised their price target on shares of eBay from $60.00 to $65.00 in a report on Thursday, April 30th. JPMorgan Chase & Co. upped their price objective on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $98.00 target price on eBay in a research note on Thursday, April 30th. Needham & Company LLC restated a “buy” rating and set a $122.00 price target on shares of eBay in a report on Thursday, April 30th. Finally, Truist Financial upped their price target on eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, May 4th. 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, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.84.

eBay Price Performance

EBAY stock opened at $106.41 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. eBay Inc. has a 1 year low of $72.84 and a 1 year high of $119.31. The firm has a 50-day moving average of $105.77 and a 200 day moving average of $94.11. The company has a market cap of $47.25 billion, a P/E ratio of 24.13, a PEG ratio of 2.42 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter in the prior year, the business earned $1.38 EPS. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, sell-side analysts forecast that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

The company 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. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

Insider Transactions at eBay

In other news, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the sale, the senior vice president owned 94,479 shares in the company, valued at approximately $8,733,638.76. The trade was a 15.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,199,686.32. Following the completion of the sale, the senior vice president directly owned 42,948 shares in the company, valued at $3,970,113.12. This represents a 23.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 148,063 shares of company stock worth $15,356,989 in the last ninety days. 0.64% of the stock is owned by company insiders.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Recent coverage points to improving investor sentiment around eBay’s valuation and momentum, with the stock up strongly over the past 90 days and year-to-date trends showing renewed confidence in the business. Weighing eBay’s Valuation As Narrative And DCF Signals Diverge After Recent Momentum
• Positive Sentiment: eBay launched Easy and Free Returns on parts and accessories, which could support conversion rates and buyer trust on its marketplace. eBay launches Easy and Free Returns on parts and accessories
• Positive Sentiment: eBay also rolled out a new global brand campaign, “Meanwhile on eBay Live,” which may help engagement and marketplace activity. eBay launches new global brand campaign ‘Meanwhile on eBay Live’
• Neutral Sentiment: News that eBay’s CEO sold shares under a pre-arranged trading plan may slightly weigh on sentiment, but it does not necessarily indicate a negative change in the company’s outlook. eBay (NASDAQ:EBAY) CEO Jamie Iannone Sells 11,110 Shares
• Neutral Sentiment: Analyst and commentary pieces continue to frame eBay as a quality consumer marketplace with ongoing long-term appeal, but these stories are not immediate catalysts. eBay’s Developments In Focus Categories Will Likely Soar Gross Margin Value
• Negative Sentiment: The UK Competition and Markets Authority is formally scrutinizing eBay’s bid for Depop, increasing the risk of delays, extra conditions, or a potential blocked deal. UK competition watchdog launches probe into eBay’s purchase of Depop

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.