Goldman Sachs Group Inc. Sells 660,105 Shares of eBay Inc. $EBAY

Goldman Sachs Group Inc. lessened its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 15.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,479,614 shares of the e-commerce company’s stock after selling 660,105 shares during the period. Goldman Sachs Group Inc.’s holdings in eBay were worth $303,074,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of eBay by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after buying an additional 468,833 shares during the period. First Trust Advisors LP boosted its position in shares of eBay by 27.8% during the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after buying an additional 1,808,976 shares during the period. Legal & General Group Plc boosted its position in shares of eBay by 2.8% during the third quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock valued at $478,687,000 after buying an additional 141,057 shares during the period. Impax Asset Management Group plc boosted its position in shares of eBay by 11.4% during the fourth quarter. Impax Asset Management Group plc now owns 3,134,733 shares of the e-commerce company’s stock valued at $273,035,000 after buying an additional 321,732 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of eBay by 4.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after buying an additional 113,553 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on EBAY shares. Stifel Nicolaus set a $98.00 price target on eBay in a report on Thursday, April 30th. Evercore set a $96.00 price target on eBay in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a report on Monday, May 4th. Morgan Stanley boosted their price target on eBay to $117.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. boosted their price target on eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, eBay presently has a consensus rating of “Hold” and an average target price of $107.84.

eBay Stock Up 0.2%

eBay stock opened at $109.35 on Friday. The business has a fifty day moving average of $104.60 and a two-hundred day moving average of $93.47. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The firm has a market cap of $48.55 billion, a P/E ratio of 24.80, a P/E/G ratio of 2.43 and a beta of 1.39. eBay Inc. has a twelve month low of $72.84 and a twelve month high of $119.31.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.eBay’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts forecast that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $0.31 per share. 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 1.1%. eBay’s dividend payout ratio is presently 28.12%.

Insiders Place Their Bets

In other news, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,199,686.32. Following the transaction, the senior vice president directly owned 42,948 shares of the company’s stock, valued at approximately $3,970,113.12. This represents a 23.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Cornelius Boone sold 16,685 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,542,361.40. Following the transaction, the senior vice president directly owned 94,479 shares in the company, valued at approximately $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 136,953 shares of company stock valued at $14,139,444. 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.