Citizens Financial Group Inc. RI Reduces Position in eBay Inc. $EBAY

Citizens Financial Group Inc. RI trimmed its position in shares of eBay Inc. (NASDAQ:EBAY) by 28.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 116,524 shares of the e-commerce company’s stock after selling 46,924 shares during the period. Citizens Financial Group Inc. RI’s holdings in eBay were worth $10,606,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EBAY. Cedar Mountain Advisors LLC boosted its position in shares of eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 156 shares during the period. High Point Wealth Management LLC purchased a new stake in shares of eBay in the fourth quarter worth approximately $26,000. Abound Financial LLC purchased a new stake in shares of eBay in the fourth quarter worth approximately $26,000. Jessup Wealth Management Inc bought a new stake in shares of eBay during the 4th quarter worth approximately $27,000. Finally, Beacon Financial Strategies CORP purchased a new position in eBay during the 4th quarter valued at $28,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Stock Down 0.1%

Shares of EBAY stock traded down $0.13 during mid-day trading on Friday, hitting $117.20. The stock had a trading volume of 2,224,609 shares, compared to its average volume of 2,933,482. eBay Inc. has a 12-month low of $75.78 and a 12-month high of $119.31. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The firm’s 50-day moving average is $110.95 and its two-hundred day moving average is $98.36. The firm has a market capitalization of $52.04 billion, a P/E ratio of 26.58, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37.

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

eBay Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have commented on EBAY shares. Jefferies Financial Group upped their price objective on eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. TD Cowen lifted their target price on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. BMO Capital Markets upped their price target on shares of eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Rothschild & Co Redburn raised their price target on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Finally, Daiwa Securities Group raised their price target on shares of eBay from $90.00 to $114.00 in a research note on Monday, May 11th. 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $108.65.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay was added to several Russell growth indexes, including the Russell Midcap Growth and Russell 1000 Growth benchmarks, which could boost institutional ownership and index-driven demand for the shares. eBay joins Russell Growth Indexes
• Positive Sentiment: Investor enthusiasm remains focused on eBay’s expansion of live shopping and AI-driven recommerce initiatives, including eBay Live and its investment in Fleek, which reinforce the company’s growth strategy. eBay expanding live shopping and investing in AI resale startup
• Positive Sentiment: Analysts are generally constructive into the report, with recent coverage highlighting eBay’s improving fundamentals and a favorable setup heading into Q2 earnings. Earnings Preview: What To Expect From eBay’s Report
• Neutral Sentiment: CEO Jamie Iannone sold shares under a pre-arranged trading plan, which is usually viewed as routine and not a strong signal about the company’s outlook. Jamie Iannone sells shares of eBay stock
• Neutral Sentiment: eBay’s addition to short-interest data did not show meaningful bearish pressure, with reported short interest effectively unchanged at zero shares.
• Neutral Sentiment: Wells Fargo slightly raised its price target on eBay but kept an equal-weight rating, suggesting a more cautious stance than the bullish headlines imply.

Insider Transactions at eBay

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the completion of the sale, the chief executive officer owned 275,431 shares in the company, valued at $31,214,595.23. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a 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 stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total value of $208,230.69. Following the sale, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. This trade represents 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. In the last quarter, insiders sold 88,125 shares of company stock valued at $9,963,512. Company insiders own 0.67% 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.