Manning & Napier Advisors LLC Sells 7,037 Shares of eBay Inc. $EBAY

Manning & Napier Advisors LLC lowered its holdings in eBay Inc. (NASDAQ:EBAY) by 13.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,476 shares of the e-commerce company’s stock after selling 7,037 shares during the quarter. Manning & Napier Advisors LLC’s holdings in eBay were worth $4,230,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EBAY. Main Street Research LLC lifted its stake in shares of eBay by 27.1% in the first quarter. Main Street Research LLC now owns 4,175 shares of the e-commerce company’s stock valued at $380,000 after buying an additional 889 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of eBay by 22.5% during the first quarter. Kestra Advisory Services LLC now owns 12,246 shares of the e-commerce company’s stock worth $1,115,000 after acquiring an additional 2,253 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich acquired a new stake in shares of eBay in the 1st quarter worth about $8,550,000. Frank Rimerman Advisors LLC boosted its stake in eBay by 3.7% during the 1st quarter. Frank Rimerman Advisors LLC now owns 6,243 shares of the e-commerce company’s stock valued at $568,000 after purchasing an additional 220 shares during the last quarter. Finally, Childress Capital Advisors LLC boosted its position in shares of eBay by 51.1% during the first quarter. Childress Capital Advisors LLC now owns 5,567 shares of the e-commerce company’s stock valued at $507,000 after buying an additional 1,882 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the transaction, the senior vice president owned 34,533 shares in the company, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 88,125 shares of company stock valued at $9,963,512. 0.67% of the stock is owned by company insiders.

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.

Analyst Upgrades and Downgrades

EBAY has been the subject of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a research note on Friday, June 12th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on shares of eBay in a report on Monday, May 4th. Jefferies Financial Group upped their price objective on shares of eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. Rothschild & Co Redburn increased their price objective on shares of eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Finally, Daiwa Securities Group lifted their target price on shares of eBay from $90.00 to $114.00 in a research report on Monday, May 11th. Thirteen research 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. Based on data from MarketBeat.com, eBay currently has an average rating of “Hold” and an average target price of $108.65.

eBay Stock Performance

Shares of NASDAQ:EBAY traded down $0.13 during midday trading on Friday, reaching $117.20. The company had a trading volume of 2,224,609 shares, compared to its average volume of 2,933,482. The company’s 50 day moving average price is $110.95 and its 200 day moving average price is $98.36. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The stock has a market cap of $52.04 billion, a P/E ratio of 26.58, a P/E/G ratio of 2.59 and a beta of 1.37. eBay Inc. has a 52-week low of $75.78 and a 52-week high of $119.31.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data 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 the consensus estimate of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, sell-side analysts anticipate that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s payout ratio is 28.12%.

eBay 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.