KBC Group NV decreased its position in eBay Inc. (NASDAQ:EBAY – Free Report) by 22.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 559,068 shares of the e-commerce company’s stock after selling 163,734 shares during the period. KBC Group NV’s holdings in eBay were worth $50,886,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Cedar Mountain Advisors LLC grew its holdings in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 156 shares in the last quarter. Abound Financial LLC acquired a new position in shares of eBay in the fourth quarter valued at $26,000. High Point Wealth Management LLC acquired a new position in shares of eBay in the fourth quarter valued at $26,000. Jessup Wealth Management Inc bought a new position in eBay in the fourth quarter worth $27,000. Finally, JPL Wealth Management LLC bought a new position in eBay in the third quarter worth $28,000. Institutional investors own 87.48% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on EBAY shares. Needham & Company LLC reissued a “buy” rating and issued a $122.00 price target on shares of eBay in a report on Thursday, April 30th. Wall Street Zen raised shares of eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Daiwa Securities Group lifted their target price on shares of eBay from $90.00 to $114.00 in a research report on Monday, May 11th. Cantor Fitzgerald lifted their target price on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, BNP Paribas Exane upped their target price on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $110.52.
Insider Buying and Selling at eBay
In other eBay news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the transaction, the chief executive officer directly owned 275,431 shares in the company, valued at approximately $31,214,595.23. This trade represents a 3.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of eBay stock in a transaction on Monday, May 18th. The shares were sold at an average price of $115.61, for a total value of $116,766.10. Following the completion of the sale, the senior vice president directly owned 32,146 shares of the company’s stock, valued at $3,716,399.06. This trade represents a 3.05% 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 ninety days, insiders have sold 76,012 shares of company stock worth $8,747,852. Insiders own 0.67% of the company’s stock.
eBay Trading Up 1.9%
EBAY opened at $114.19 on Tuesday. eBay Inc. has a 1-year low of $77.12 and a 1-year high of $119.31. The stock has a market capitalization of $50.70 billion, a PE ratio of 25.89, a PEG ratio of 2.47 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. The firm has a 50-day moving average price of $111.72 and a two-hundred day moving average price of $99.63.
eBay (NASDAQ:EBAY – Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same period in the prior year, the business earned $1.38 earnings per share. eBay’s quarterly revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities analysts anticipate that eBay Inc. will post 4.87 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. Shareholders of record on Friday, May 29th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio is currently 28.12%.
Key Headlines Impacting eBay
Here are the key news stories impacting eBay this week:
- Positive Sentiment: GameStop disclosed that it has accumulated nearly 10% of eBay, a large stake that could signal strategic interest and spark speculation about a sale, partnership, or other value-creating transaction. GameStop discloses 10% eBay stake as it pushes for a deal
- Positive Sentiment: Reports that Ryan Cohen converted derivatives into 43.4 million shares reinforced the view that GameStop is serious about its eBay position, which can support takeover speculation and lift investor interest in eBay. GameStop Builds 9.8% eBay Stake After Rejected Bid
- Positive Sentiment: Coverage framing the move as an activist play suggests the situation may pressure eBay to consider strategic alternatives, which investors often view as potentially supportive for the share price. GameStop’s eBay Deal Is Less An Acquisition Than An Activist Play
- Neutral Sentiment: Several additional articles repeated the same stake-building and takeover-speculation theme, amplifying attention around EBAY but adding little new fundamental information. GameStop Doubles Down On eBay Bid As Ryan Cohen Escalates Pursuit
- Negative Sentiment: Some commentary called the bid confusing or skeptical, and noted Wall Street doubt about the strategy. That skepticism could limit enthusiasm if investors conclude the bid is unlikely to succeed. GameStop owns nearly 10% of eBay in confusing hostile takeover strategy
eBay 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.
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