First Trust Advisors LP Trims Position in eBay Inc. $EBAY

First Trust Advisors LP decreased its position in shares of eBay Inc. (NASDAQ:EBAY) by 28.6% during the 1st quarter, HoldingsChannel reports. The fund owned 3,596,262 shares of the e-commerce company’s stock after selling 1,437,926 shares during the quarter. First Trust Advisors LP’s holdings in eBay were worth $327,332,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EBAY. Altshuler Shaham Ltd boosted its holdings in eBay by 4,452,655.3% in the 4th quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock valued at $182,282,000 after purchasing an additional 2,092,748 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of eBay by 214.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock worth $161,865,000 after buying an additional 1,267,601 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of eBay by 3,248.7% during the 4th quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock valued at $109,483,000 after buying an additional 1,219,439 shares during the period. Allianz Asset Management GmbH lifted its holdings in eBay by 47.5% in the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock valued at $315,862,000 after acquiring an additional 1,167,019 shares during the last quarter. Finally, Norges Bank purchased a new position in eBay in the fourth quarter worth approximately $98,728,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Price Performance

EBAY stock opened at $113.04 on Wednesday. The business’s fifty day moving average price is $111.77 and its 200 day moving average price is $99.81. eBay Inc. has a 12-month low of $77.12 and a 12-month high of $119.31. 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 company has a market capitalization of $50.19 billion, a PE ratio of 25.63, a P/E/G ratio of 2.52 and a beta of 1.37.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.eBay’s revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, sell-side analysts anticipate that eBay Inc. will post 4.87 EPS for the current year.

eBay Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on EBAY shares. Deutsche Bank Aktiengesellschaft set a $124.00 target price on eBay in a research report on Monday, May 4th. The Goldman Sachs Group raised their price objective on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Wells Fargo & Company boosted their price objective on shares of eBay from $104.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Citigroup reaffirmed an “outperform” rating on shares of eBay in a research report on Tuesday, July 14th. Finally, BNP Paribas Exane boosted their price target on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $110.52.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its eBay stake to nearly 10% (about 43.4 million shares), showing strong conviction and increasing the odds of continued strategic pressure on eBay. Article Title
• Positive Sentiment: Some investors may view the rejected bid and renewed buying as a sign that eBay’s shares could attract further takeover or activist interest, potentially supporting the stock. Article Title
• Neutral Sentiment: Multiple reports confirm the same core development: Ryan Cohen and GameStop expanded their eBay position after eBay’s board rejected a roughly $55.5 billion offer at $125 per share as “neither credible nor attractive.” The details reinforce the takeover narrative, but do not add new business fundamentals. Article Title
• Neutral Sentiment: Commentary framing the situation as an activist campaign rather than a straightforward acquisition suggests the story may create volatility, but the ultimate impact on eBay remains uncertain. Article Title
• Negative Sentiment: eBay’s board rejection of the offer signals management is not receptive to the current proposal, which reduces the chance of an immediate deal and may disappoint takeover traders. Article Title

Insider Buying and Selling at eBay

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $113.33, for a total value of $1,259,096.30. Following the completion of the transaction, the chief executive officer owned 275,431 shares in the company, valued at $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the sale, the senior vice president directly owned 29,217 shares in the company, valued at $3,419,557.68. This represents a 63.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 76,012 shares of company stock valued at $8,747,852 in the last 90 days. Company insiders own 0.67% 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.