Candriam S.C.A. Sells 417,847 Shares of eBay Inc. $EBAY

Candriam S.C.A. reduced its stake in shares of eBay Inc. (NASDAQ:EBAY) by 83.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 80,476 shares of the e-commerce company’s stock after selling 417,847 shares during the period. Candriam S.C.A.’s holdings in eBay were worth $7,325,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after buying an additional 468,833 shares during the period. Invesco Ltd. raised its holdings in shares of eBay by 8.3% during the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after acquiring an additional 692,805 shares during the period. Independent Franchise Partners LLP raised its holdings in shares of eBay by 5.2% during the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock worth $674,866,000 after acquiring an additional 384,570 shares during the period. Allianz Asset Management GmbH lifted its position in eBay by 47.5% in the 4th quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock valued at $315,862,000 after acquiring an additional 1,167,019 shares in the last quarter. Finally, Impax Asset Management Group plc lifted its position in eBay by 11.4% in the 4th quarter. Impax Asset Management Group plc now owns 3,134,733 shares of the e-commerce company’s stock valued at $273,035,000 after acquiring an additional 321,732 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay was added to several Russell growth indexes, including the Russell Midcap Growth and Russell 1000 Growth benchmarks, which could boost institutional ownership and index-driven demand for the shares. eBay joins Russell Growth Indexes
• Positive Sentiment: Investor enthusiasm remains focused on eBay’s expansion of live shopping and AI-driven recommerce initiatives, including eBay Live and its investment in Fleek, which reinforce the company’s growth strategy. eBay expanding live shopping and investing in AI resale startup
• Positive Sentiment: Analysts are generally constructive into the report, with recent coverage highlighting eBay’s improving fundamentals and a favorable setup heading into Q2 earnings. Earnings Preview: What To Expect From eBay’s Report
• Neutral Sentiment: CEO Jamie Iannone sold shares under a pre-arranged trading plan, which is usually viewed as routine and not a strong signal about the company’s outlook. Jamie Iannone sells shares of eBay stock
• Neutral Sentiment: eBay’s addition to short-interest data did not show meaningful bearish pressure, with reported short interest effectively unchanged at zero shares.
• Neutral Sentiment: Wells Fargo slightly raised its price target on eBay but kept an equal-weight rating, suggesting a more cautious stance than the bullish headlines imply.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the completion of the sale, the chief executive officer owned 280,204 shares of the company’s stock, valued at approximately $30,707,556.36. This represents a 3.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares of the company’s stock, valued at $3,419,557.68. This represents a 63.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 88,125 shares of company stock valued at $9,963,512 in the last 90 days. 0.67% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on EBAY shares. Morgan Stanley increased their target price on eBay to $117.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Arete Research cut their price target on eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Cantor Fitzgerald upped their price objective on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Piper Sandler reiterated an “overweight” rating and set a $115.00 price objective (up from $105.00) on shares of eBay in a report on Thursday, April 30th. Finally, UBS Group lifted their target price on eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Thirteen investment 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $108.65.

eBay Stock Performance

Shares of NASDAQ:EBAY opened at $117.20 on Monday. The company’s 50-day moving average price is $110.95 and its two-hundred day moving average price is $98.47. eBay Inc. has a one year low of $75.78 and a one year high of $119.31. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $52.04 billion, a PE ratio of 26.58, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.eBay’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, equities analysts forecast that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio (DPR) is currently 28.12%.

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.