Contravisory Investment Management Inc. Has $1.11 Million Holdings in eBay Inc. $EBAY

Contravisory Investment Management Inc. grew its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 262.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,777 shares of the e-commerce company’s stock after acquiring an additional 9,256 shares during the quarter. Contravisory Investment Management Inc.’s holdings in eBay were worth $1,113,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EBAY. Financial Consulate Inc. acquired a new stake in shares of eBay in the 3rd quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in eBay during the 3rd quarter worth approximately $28,000. JPL Wealth Management LLC acquired a new position in eBay during the 3rd quarter worth approximately $28,000. Sumitomo Mitsui Financial Group Inc. lifted its stake in eBay by 155.3% in the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after purchasing an additional 250 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new position in eBay in the 3rd quarter valued at approximately $32,000. Institutional investors own 87.48% of the company’s stock.

Insider Activity at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the completion of the sale, the senior vice president directly owned 4,733 shares in the company, valued at approximately $435,388.67. This trade represents a 87.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mazen Rawashdeh sold 23,167 shares of eBay stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total value of $2,168,199.53. Following the completion of the transaction, the senior vice president directly owned 28,915 shares of the company’s stock, valued at approximately $2,706,154.85. This trade represents a 44.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,280 shares of company stock worth $8,067,074 over the last quarter. Company insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on EBAY shares. Jefferies Financial Group decreased their target price on shares of eBay from $65.00 to $60.00 and set an “underperform” rating on the stock in a research note on Monday, February 23rd. Needham & Company LLC raised their price objective on eBay from $115.00 to $122.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Bank of America upped their target price on eBay from $100.00 to $102.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Finally, Benchmark increased their target price on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $97.97.

Read Our Latest Stock Report on eBay

eBay Stock Performance

Shares of EBAY stock opened at $89.85 on Tuesday. The stock has a market capitalization of $40.25 billion, a PE ratio of 20.66, a PEG ratio of 1.86 and a beta of 1.38. The business’s 50 day simple moving average is $89.73 and its 200 day simple moving average is $88.44. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. eBay Inc. has a one year low of $58.71 and a one year high of $101.15.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.06. The firm had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company’s revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were paid a dividend of $0.31 per share. This is a boost from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, March 6th. eBay’s payout ratio is 28.51%.

eBay Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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