Lindsell Train Ltd Sells 151,594 Shares of eBay Inc. $EBAY

Lindsell Train Ltd decreased its position in eBay Inc. (NASDAQ:EBAY) by 7.3% in the first quarter, Holdings Channel reports. The institutional investor owned 1,927,485 shares of the e-commerce company’s stock after selling 151,594 shares during the period. eBay accounts for about 5.6% of Lindsell Train Ltd’s portfolio, making the stock its 10th largest position. Lindsell Train Ltd’s holdings in eBay were worth $175,440,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. IFM Investors Pty Ltd grew its position in shares of eBay by 6.2% during the 1st quarter. IFM Investors Pty Ltd now owns 95,470 shares of the e-commerce company’s stock valued at $8,690,000 after acquiring an additional 5,565 shares during the period. iA Global Asset Management Inc. raised its holdings in eBay by 7.0% in the 1st quarter. iA Global Asset Management Inc. now owns 32,636 shares of the e-commerce company’s stock worth $2,971,000 after purchasing an additional 2,149 shares during the period. Premier Path Wealth Partners LLC boosted its position in eBay by 13.4% during the first quarter. Premier Path Wealth Partners LLC now owns 4,837 shares of the e-commerce company’s stock worth $440,000 after purchasing an additional 572 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in eBay by 558.0% during the first quarter. SJS Investment Consulting Inc. now owns 454 shares of the e-commerce company’s stock worth $41,000 after purchasing an additional 385 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC acquired a new stake in eBay in the first quarter valued at approximately $203,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on EBAY. Robert W. Baird boosted their price objective on eBay from $105.00 to $117.00 in a research report on Thursday, April 30th. Morgan Stanley increased their target price on eBay to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Evercore set a $96.00 price target on shares of eBay in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their price target on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Needham & Company LLC restated a “buy” rating and set a $122.00 price objective on shares of eBay in a research report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, eBay presently has a consensus rating of “Hold” and a consensus target price of $108.61.

eBay Price Performance

NASDAQ:EBAY opened at $111.28 on Thursday. The stock has a 50 day moving average of $109.13 and a two-hundred day moving average of $96.89. eBay Inc. has a 12 month low of $75.12 and a 12 month high of $119.31. The firm has a market cap of $49.41 billion, a P/E ratio of 25.23, a price-to-earnings-growth ratio of 2.45 and a beta of 1.37. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36.

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 business had revenue of $3.09 billion for 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%.The business’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts expect that eBay Inc. will post 4.91 earnings per share for the current fiscal year.

eBay Dividend Announcement

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

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $97.37, for a total transaction of $2,044,770.00. Following the completion of the sale, the chief executive officer owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This represents a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $100.36, for a total transaction of $1,215,660.68. Following the completion of the sale, the senior vice president owned 30,835 shares of the company’s stock, valued at $3,094,600.60. This trade represents a 28.20% 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 90 days, insiders have sold 98,015 shares of company stock worth $10,749,186. Corporate 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.