Aberdeen Group plc Trims Stock Position in eBay Inc. $EBAY

Aberdeen Group plc decreased its holdings in eBay Inc. (NASDAQ:EBAY) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 406,031 shares of the e-commerce company’s stock after selling 25,823 shares during the quarter. Aberdeen Group plc owned approximately 0.09% of eBay worth $35,365,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EBAY. First Trust Advisors LP increased its position in eBay by 27.8% during 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 purchasing an additional 1,808,976 shares during the last quarter. Woodline Partners LP acquired a new stake in shares of eBay during the 3rd quarter worth $68,999,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of eBay by 32.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock worth $262,973,000 after buying an additional 701,530 shares during the last quarter. Danske Bank A S purchased a new position in shares of eBay in the 3rd quarter worth $63,098,000. Finally, Jupiter Asset Management Ltd. raised its position in shares of eBay by 236.9% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company’s stock worth $81,226,000 after buying an additional 628,023 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the subject of a number of research reports. BMO Capital Markets reissued an “outperform” rating and set a $120.00 price target on shares of eBay in a research report on Thursday, February 19th. Rothschild & Co Redburn raised their price objective on eBay from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research note on Monday, December 29th. TD Cowen reiterated a “hold” rating on shares of eBay in a report on Wednesday, February 18th. Finally, Needham & Company LLC raised their price target on shares of eBay from $115.00 to $122.00 and gave the company a “buy” 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $98.22.

Insider Activity

In related news, SVP Cornelius Boone sold 16,685 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,542,361.40. Following the sale, the senior vice president directly owned 94,479 shares of the company’s stock, valued at $8,733,638.76. This represents a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mazen Rawashdeh sold 23,167 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the completion of the sale, the senior vice president directly owned 28,915 shares in the company, valued at $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 87,280 shares of company stock worth $8,067,074. 0.64% of the stock is currently owned by insiders.

eBay Price Performance

EBAY opened at $94.14 on Friday. The company has a fifty day simple moving average of $89.22 and a 200 day simple moving average of $88.41. The firm has a market cap of $42.17 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.97 and a beta of 1.34. 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 issued its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. The firm had revenue of $2.97 billion for 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 firm’s revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Equities research analysts expect that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is currently 28.51%.

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.