eBay Inc. $EBAY Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. cut its stake in shares of eBay Inc. (NASDAQ:EBAY) by 89.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,460 shares of the e-commerce company’s stock after selling 460,519 shares during the quarter. Assenagon Asset Management S.A.’s holdings in eBay were worth $4,831,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Invesco Ltd. boosted its position in eBay by 1.7% during the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after purchasing an additional 140,160 shares during the period. First Trust Advisors LP increased its position in eBay by 27.8% in the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after buying an additional 1,808,976 shares during the period. Legal & General Group Plc lifted its stake in eBay by 2.8% in 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 last quarter. Arrowstreet Capital Limited Partnership lifted its stake in eBay by 32.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock valued at $262,973,000 after buying an additional 701,530 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in shares of eBay by 5.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,817,489 shares of the e-commerce company’s stock valued at $256,251,000 after acquiring an additional 157,537 shares during the period. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the completion of the transaction, the senior vice president owned 94,479 shares of the company’s stock, valued at $8,733,638.76. This trade represents a 15.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the firm’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $91.99, for a total value of $3,076,237.59. Following the transaction, the senior vice president directly owned 4,733 shares of the company’s stock, valued at $435,388.67. This represents a 87.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 87,280 shares of company stock worth $8,067,074. 0.64% of the stock is owned by company insiders.

eBay Trading Down 1.6%

Shares of NASDAQ:EBAY opened at $87.98 on Friday. The company has a 50 day moving average of $89.29 and a 200-day moving average of $88.37. The firm has a market cap of $39.42 billion, a P/E ratio of 20.23, a P/E/G ratio of 1.84 and a beta of 1.38. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30.

eBay (NASDAQ:EBAY) last posted 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 during the quarter, compared to analysts’ expectations of $2.87 billion. During the same period last year, the firm posted $1.25 earnings per share. The business’s revenue was up 15.0% on a year-over-year basis. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on EBAY shares. Truist Financial set a $94.00 price objective on shares of eBay and gave the stock a “hold” rating in a report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft raised their price target on shares of eBay from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Evercore lifted their price target on eBay from $93.00 to $94.00 in a report on Thursday, February 19th. BNP Paribas Exane boosted their price objective on eBay from $90.00 to $97.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Finally, Stifel Nicolaus increased their price objective on eBay from $88.00 to $94.00 and gave the stock a “hold” rating in a report on Thursday, February 19th. Fourteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $97.97.

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.