American Century Companies Inc. reduced its position in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 40.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 353,079 shares of the e-commerce company’s stock after selling 236,592 shares during the period. American Century Companies Inc. owned approximately 0.08% of eBay worth $32,113,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of EBAY. Crestwood Advisors Group LLC purchased a new position in shares of eBay in the 2nd quarter valued at about $231,000. Resona Asset Management Co. Ltd. boosted its holdings in eBay by 3.1% during the second quarter. Resona Asset Management Co. Ltd. now owns 159,683 shares of the e-commerce company’s stock worth $11,872,000 after buying an additional 4,780 shares in the last quarter. Soltis Investment Advisors LLC purchased a new stake in eBay during the second quarter worth about $201,000. Savant Capital LLC grew its position in eBay by 19.4% during the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after buying an additional 3,933 shares during the period. Finally, Wedbush Securities Inc. acquired a new position in eBay during the second quarter worth about $215,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. TD Cowen reiterated a “hold” rating on shares of eBay in a research report on Wednesday, February 18th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Needham & Company LLC raised their price objective on eBay from $115.00 to $122.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft lifted their price objective on eBay from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Finally, The Goldman Sachs Group upgraded eBay from a “sell” rating to a “neutral” rating and set a $88.00 target price on the stock in a research report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $97.97.
eBay Stock Down 0.4%
EBAY opened at $92.71 on Friday. The business’s fifty day simple moving average is $89.33 and its 200 day simple moving average is $88.72. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30. The firm has a market cap of $41.53 billion, a P/E ratio of 21.31, a PEG ratio of 1.94 and a beta of 1.38. eBay Inc. has a 52 week low of $58.71 and a 52 week high of $101.15.
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The business had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior year, the firm posted $1.25 earnings per share. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, equities research analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal year.
eBay Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is currently 26.67%.
Insider Activity at eBay
In other news, SVP Cornelius Boone sold 4,462 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total value of $374,540.28. Following the transaction, the senior vice president directly owned 91,921 shares in the company, valued at $7,715,848.74. This trade represents a 4.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the completion of the transaction, the senior vice president owned 4,733 shares in the company, valued at $435,388.67. The trade was a 87.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 44,593 shares of company stock worth $3,998,870. 0.64% of the stock is currently owned by company insiders.
About eBay
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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