SteelPeak Wealth LLC Reduces Position in eBay Inc. $EBAY

SteelPeak Wealth LLC decreased its holdings in eBay Inc. (NASDAQ:EBAY) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,207 shares of the e-commerce company’s stock after selling 10,507 shares during the quarter. SteelPeak Wealth LLC’s holdings in eBay were worth $2,805,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EBAY. Financial Consulate Inc. bought a new position in eBay during the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in eBay in the third quarter valued at approximately $28,000. Beacon Financial Strategies CORP bought a new position in eBay during the 4th quarter worth $28,000. JFS Wealth Advisors LLC grew its position in shares of eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after acquiring an additional 116 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of eBay in the third quarter valued at approximately $28,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the topic of a number of recent analyst reports. Needham & Company LLC lifted their price objective on shares of eBay from $115.00 to $122.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. UBS Group set a $96.00 price objective on eBay in a research note on Thursday, February 19th. Benchmark lifted their target price on shares of eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Jefferies Financial Group dropped their price target on eBay from $65.00 to $60.00 and set an “underperform” rating on the stock in a research report on Monday, February 23rd. Finally, Arete Research increased their target price on shares of eBay from $91.00 to $103.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $98.22.

Insider Activity

In other eBay news, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,542,361.40. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Mazen Rawashdeh sold 23,167 shares of eBay stock in a transaction that occurred on 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 in the company, valued at approximately $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 87,280 shares of company stock valued at $8,067,074. 0.64% of the stock is owned by insiders.

eBay Price Performance

EBAY opened at $94.14 on Friday. The firm has a market cap of $42.17 billion, a P/E ratio of 21.64, a price-to-earnings-growth ratio of 1.97 and a beta of 1.34. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. The business has a 50 day moving average price of $89.22 and a 200 day moving average price of $88.41. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15.

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

eBay Increases Dividend

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

eBay 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.