WINTON GROUP Ltd Cuts Position in eBay Inc. $EBAY

WINTON GROUP Ltd decreased its stake in eBay Inc. (NASDAQ:EBAY) by 30.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,181 shares of the e-commerce company’s stock after selling 18,337 shares during the period. WINTON GROUP Ltd’s holdings in eBay were worth $3,066,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Independent Franchise Partners LLP lifted its position in shares of eBay by 4.6% during the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after acquiring an additional 510,629 shares during the period. Nordea Investment Management AB increased its stake in eBay by 5.6% in the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after purchasing an additional 478,410 shares in the last quarter. Invesco Ltd. increased its stake in eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after purchasing an additional 140,160 shares in the last quarter. Northern Trust Corp raised its holdings in eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after purchasing an additional 300,216 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in eBay by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock worth $417,021,000 after purchasing an additional 322,910 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Activity at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,006 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $82.04, for a total transaction of $82,532.24. Following the completion of the sale, the senior vice president directly owned 3,868 shares in the company, valued at $317,330.72. This represents a 20.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the sale, the senior vice president owned 93,392 shares of the company’s stock, valued at $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 57,102 shares of company stock valued at $4,777,385 over the last quarter. 0.64% of the stock is currently owned by corporate insiders.

eBay Price Performance

EBAY stock opened at $83.85 on Tuesday. The stock has a market capitalization of $37.90 billion, a price-to-earnings ratio of 18.23, a price-to-earnings-growth ratio of 2.08 and a beta of 1.35. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The stock’s fifty day simple moving average is $87.25 and its 200-day simple moving average is $85.52.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same period in the prior year, the firm posted $1.19 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Equities research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, November 28th. eBay’s payout ratio is presently 25.22%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on EBAY. Citigroup restated a “market outperform” rating on shares of eBay in a research report on Thursday, October 30th. Cowen restated a “hold” rating on shares of eBay in a research report on Monday, October 20th. Truist Financial upped their price target on shares of eBay from $86.00 to $92.00 and gave the company a “hold” rating in a report on Monday, November 3rd. Stifel Nicolaus dropped their price objective on shares of eBay from $89.00 to $88.00 in a research note on Thursday, October 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $94.69.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.