Kepler Cheuvreux Suisse SA lessened its stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 93.0% in the 4th quarter, Holdings Channel reports. The firm owned 13,693 shares of the e-commerce company’s stock after selling 180,708 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in eBay were worth $1,193,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in EBAY. Advisor OS LLC lifted its holdings in shares of eBay by 14.2% in the 4th quarter. Advisor OS LLC now owns 8,886 shares of the e-commerce company’s stock valued at $774,000 after acquiring an additional 1,108 shares during the last quarter. Marco Investment Management LLC grew its stake in eBay by 3.3% in the 4th quarter. Marco Investment Management LLC now owns 11,075 shares of the e-commerce company’s stock worth $965,000 after acquiring an additional 350 shares in the last quarter. Apeiron RIA LLC grew its stake in eBay by 6.2% in the fourth quarter. Apeiron RIA LLC now owns 3,077 shares of the e-commerce company’s stock worth $288,000 after purchasing an additional 180 shares in the last quarter. NewEdge Wealth LLC increased its stake in shares of eBay by 5.1% during the fourth quarter. NewEdge Wealth LLC now owns 652,686 shares of the e-commerce company’s stock valued at $56,849,000 after buying an additional 31,552 shares during the period. Finally, Crossmark Global Holdings Inc. increased its stake in shares of eBay by 4.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 86,380 shares of the e-commerce company’s stock valued at $7,524,000 after buying an additional 3,333 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.
eBay News Roundup
Here are the key news stories impacting eBay this week:
- Positive Sentiment: Daiwa Securities raised its price target on eBay (EBAY) to $114 from $90, signaling higher valuation expectations and supporting the stock. MarketScreener
- Positive Sentiment: Analysts at Wedbush said GameStop’s bid may not close, but it could leave eBay (EBAY) in play for a more credible acquirer, which may lift takeover speculation. Barchart
- Positive Sentiment: Another market commentator noted that the offer could force renewed strategic interest in eBay (EBAY), keeping M&A speculation elevated. Seattle Times
- Neutral Sentiment: Short-interest data showed no meaningful shares reported as short, offering little immediate trading signal for eBay (EBAY).
- Neutral Sentiment: Several articles focused on investor reactions to GameStop’s bid and broader deal skepticism, but they did not add new fundamentals for eBay (EBAY).
- Negative Sentiment: Some coverage compared the potential deal to poorly executed mergers and highlighted debt concerns, which could make investors cautious if takeover talks intensify without a clear premium. Fortune
- Negative Sentiment: Reports that high-profile investors such as Michael Burry and Steve Eisman doubt the bid’s chances may temper expectations that eBay (EBAY) will receive a near-term acquisition boost. Benzinga
eBay Stock Up 0.4%
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter in the prior year, the company earned $1.38 EPS. eBay’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities analysts forecast that eBay Inc. will post 4.86 earnings per share for the current fiscal year.
eBay Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio is currently 28.12%.
Insider Activity
In other news, SVP Cornelius Boone sold 16,685 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,542,361.40. Following the completion of the sale, the senior vice president owned 94,479 shares of the company’s stock, valued at $8,733,638.76. This represents a 15.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Mazen Rawashdeh sold 23,167 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the completion of the transaction, the senior vice president owned 28,915 shares in the company, valued at approximately $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 86,952 shares of company stock worth $8,251,267. Corporate insiders own 0.64% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on EBAY. Benchmark lifted their price objective on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Citigroup reiterated an “outperform” rating on shares of eBay in a research note on Friday, May 1st. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Susquehanna boosted their target price on shares of eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Arete Research boosted their target price on shares of eBay from $103.00 to $111.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Fourteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, eBay presently has an average rating of “Hold” and a consensus price target of $106.61.
Read Our Latest Report on EBAY
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.
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