Lombard Odier Asset Management Europe Ltd lowered its position in eBay Inc. (NASDAQ:EBAY – Free Report) by 13.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 66,175 shares of the e-commerce company’s stock after selling 10,588 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in eBay were worth $6,023,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in eBay by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after buying an additional 468,833 shares in the last quarter. Invesco Ltd. boosted its stake in eBay by 8.3% during the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after acquiring an additional 692,805 shares during the last quarter. Independent Franchise Partners LLP grew its position in shares of eBay by 5.2% in the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after purchasing an additional 384,570 shares during the period. Dimensional Fund Advisors LP raised its position in eBay by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after buying an additional 80,450 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in eBay by 47.5% during the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after acquiring an additional 1,167,019 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
EBAY has been the subject of a number of analyst reports. Citigroup reiterated an “outperform” rating on shares of eBay in a research report on Tuesday, July 14th. BNP Paribas Exane boosted their price objective on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Sanford C. Bernstein boosted their price target on shares of eBay from $95.00 to $100.00 and gave the company a “market perform” rating in a research report on Wednesday, May 20th. Jefferies Financial Group boosted their price target on shares of eBay from $65.00 to $75.00 and gave the stock an “underperform” rating in a research note on Tuesday, July 14th. Finally, UBS Group boosted their target price on eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Fourteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $110.52.
eBay Stock Up 0.1%
EBAY opened at $109.39 on Friday. 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 business’s 50-day moving average price is $111.52 and its 200-day moving average price is $100.20. The company has a market cap of $48.57 billion, a P/E ratio of 24.81, a P/E/G ratio of 2.40 and a beta of 1.37.
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities analysts expect that eBay Inc. will post 4.89 EPS for the current year.
eBay Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio is presently 28.12%.
Insider Buying and Selling at eBay
In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the sale, the senior vice president owned 34,533 shares of the company’s stock, valued at $3,769,967.61. This trade represents a 2.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 1,919 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president owned 32,124 shares in the company, valued at $3,485,775.24. The trade was a 5.64% 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 quarter. Company insiders own 0.67% of the company’s stock.
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.
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