Ameriprise Financial Inc. Sells 4,574,529 Shares of eBay Inc. $EBAY

Ameriprise Financial Inc. trimmed its stake in eBay Inc. (NASDAQ:EBAY) by 27.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,979,784 shares of the e-commerce company’s stock after selling 4,574,529 shares during the quarter. Ameriprise Financial Inc. owned approximately 2.65% of eBay worth $1,089,657,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of EBAY. ABN AMRO Bank N.V. bought a new stake in shares of eBay in the 2nd quarter worth approximately $235,149,000. Arrowstreet Capital Limited Partnership lifted its stake in eBay by 1,007.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after purchasing an additional 1,992,116 shares during the last quarter. First Trust Advisors LP lifted its stake 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 valued at $755,767,000 after purchasing an additional 1,808,976 shares during the last quarter. Panagora Asset Management Inc. grew its holdings in eBay by 1,416.4% during the second quarter. Panagora Asset Management Inc. now owns 831,976 shares of the e-commerce company’s stock valued at $61,949,000 after purchasing an additional 777,109 shares during the period. Finally, Jupiter Asset Management Ltd. grew its holdings in eBay by 236.9% during the third quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock valued at $81,226,000 after purchasing an additional 628,023 shares during the period. 87.48% of the stock is owned by institutional investors.

eBay Price Performance

eBay stock opened at $91.34 on Friday. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The business has a fifty day moving average price of $89.74 and a 200-day moving average price of $88.48. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $40.92 billion, a P/E ratio of 21.00, a PEG ratio of 1.91 and a beta of 1.38.

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

eBay Increases Dividend

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

Insider Activity

In other news, SVP Mazen Rawashdeh sold 1,920 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total value of $157,248.00. Following the sale, the senior vice president directly owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. This represents a 25.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $79.87, for a total transaction of $80,588.83. Following the completion of the sale, the senior vice president directly owned 5,743 shares in the company, valued at approximately $458,693.41. The trade was a 14.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,697 shares of company stock worth $3,760,124 over the last ninety days. Company insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Arete Research boosted their target price on eBay from $91.00 to $103.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. TD Cowen reiterated a “hold” rating on shares of eBay in a research note on Wednesday, February 18th. Jefferies Financial Group decreased their price objective on eBay from $65.00 to $60.00 and set an “underperform” rating for the company in a report on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research note on Monday, December 29th. Finally, Wells Fargo & Company upped their price objective on shares of eBay from $98.00 to $101.00 and gave the company an “equal weight” rating in a report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.