Resona Asset Management Co. Ltd. Sells 6,859 Shares of eBay Inc. $EBAY

Resona Asset Management Co. Ltd. lessened its position in shares of eBay Inc. (NASDAQ:EBAY) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 142,944 shares of the e-commerce company’s stock after selling 6,859 shares during the period. Resona Asset Management Co. Ltd.’s holdings in eBay were worth $12,467,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of EBAY. Guggenheim Capital LLC increased its holdings in eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after acquiring an additional 988 shares during the period. Jump Financial LLC bought a new stake in eBay during the 2nd quarter worth approximately $275,000. NewEdge Advisors LLC increased its holdings in eBay by 70.4% during the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after acquiring an additional 44,851 shares during the period. Sei Investments Co. grew its stake in eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after buying an additional 154,465 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after buying an additional 67,731 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

EBAY has been the subject of a number of research reports. Evercore set a $96.00 price target on shares of eBay in a research note on Thursday, April 30th. Benchmark boosted their price target on shares of eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Truist Financial boosted their price target on shares of eBay from $94.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Wedbush boosted their price target on shares of eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, BNP Paribas Exane boosted their price target on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $107.90.

eBay Price Performance

Shares of eBay stock opened at $118.96 on Thursday. eBay Inc. has a 52-week low of $71.00 and a 52-week high of $119.31. The stock has a market capitalization of $52.82 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 2.54 and a beta of 1.39. The company has a fifty day moving average of $99.54 and a 200-day moving average of $91.15. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.

eBay (NASDAQ:EBAY) 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 analysts’ consensus estimates 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. The firm’s revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities research analysts expect that eBay Inc. will post 4.83 EPS for the current year.

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.0%. eBay’s dividend payout ratio is 28.12%.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop increased its eBay stake to about 6.55%-6.6%, signaling continued takeover pressure and keeping merger/acquisition speculation alive. Reuters: GameStop increases stake in eBay to more than 6%
• Positive Sentiment: Sanford C. Bernstein raised its price target on eBay to $100 from $95, showing analysts still see value in the stock despite the takeover noise. MarketScreener: Bernstein adjusts price target on eBay

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 16,685 shares of the 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 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $115.61, for a total transaction of $116,766.10. Following the sale, the senior vice president directly owned 32,146 shares of the company’s stock, valued at $3,716,399.06. The trade was a 3.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 86,953 shares of company stock worth $8,287,444 over the last 90 days. Company insiders own 0.64% of the company’s stock.

eBay Company 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.