eBay Inc. $EBAY Shares Sold by NatWest Group plc

NatWest Group plc lessened its stake in eBay Inc. (NASDAQ:EBAY) by 24.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 138,992 shares of the e-commerce company’s stock after selling 45,520 shares during the quarter. eBay accounts for approximately 3.1% of NatWest Group plc’s portfolio, making the stock its 12th biggest position. NatWest Group plc’s holdings in eBay were worth $12,641,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Czech National Bank lifted its stake in eBay by 3.0% in the third quarter. Czech National Bank now owns 116,069 shares of the e-commerce company’s stock worth $10,556,000 after acquiring an additional 3,385 shares during the last quarter. Beacon Financial Group acquired a new position in shares of eBay during the third quarter worth $243,000. Acropolis Investment Management LLC increased its holdings in eBay by 3.1% in the third quarter. Acropolis Investment Management LLC now owns 23,372 shares of the e-commerce company’s stock valued at $2,126,000 after buying an additional 706 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in eBay by 943.0% in the third quarter. Assenagon Asset Management S.A. now owns 515,979 shares of the e-commerce company’s stock valued at $46,928,000 after buying an additional 466,509 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. purchased a new stake in eBay during the 3rd quarter worth about $273,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total value of $585,478.68. Following the completion of the transaction, the chief executive officer owned 235,781 shares in the company, valued at $19,117,123.48. This trade represents a 2.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Julie A. Loeger sold 2,896 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $82.44, for a total transaction of $238,746.24. Following the completion of the sale, the senior vice president owned 55,990 shares of the company’s stock, valued at $4,615,815.60. This trade represents a 4.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 53,649 shares of company stock worth $4,448,126. 0.64% of the stock is owned by corporate insiders.

eBay Stock Performance

NASDAQ EBAY opened at $82.71 on Thursday. The firm has a market cap of $37.38 billion, a P/E ratio of 17.98, a P/E/G ratio of 2.06 and a beta of 1.35. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The business’s 50-day moving average price is $86.19 and its 200 day moving average price is $85.96. 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 (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.94%. eBay’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. On average, equities research analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, November 28th. eBay’s dividend payout ratio is currently 25.22%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EBAY. Wedbush raised their target price on eBay from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Bank of America upped their target price on shares of eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, August 25th. Cowen reiterated a “hold” rating on shares of eBay in a research note on Monday, October 20th. Morgan Stanley upped their price objective on shares of eBay from $89.00 to $102.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, BMO Capital Markets lifted their target price on eBay from $102.00 to $107.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, eBay currently has an average rating of “Hold” and a consensus target price of $94.69.

About eBay

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.