eBay Inc. $EBAY Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd cut its position in eBay Inc. (NASDAQ:EBAY) by 30.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 41,181 shares of the e-commerce company’s stock after selling 18,337 shares during the quarter. WINTON GROUP Ltd’s holdings in eBay were worth $3,066,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Independent Franchise Partners LLP lifted its holdings in eBay by 4.6% in the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock worth $791,714,000 after buying an additional 510,629 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of eBay by 5.6% during the second quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after acquiring an additional 478,410 shares in the last quarter. Invesco Ltd. increased its position in shares of eBay by 1.7% during the second quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock worth $638,983,000 after acquiring an additional 140,160 shares during the last quarter. Northern Trust Corp increased its position in shares of eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after acquiring an additional 300,216 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of eBay by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock worth $417,021,000 after acquiring an additional 322,910 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Price Performance

NASDAQ EBAY opened at $83.85 on Tuesday. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. The company’s 50 day simple moving average is $87.25 and its 200 day simple moving average is $85.52. The firm has a market capitalization of $37.90 billion, a PE ratio of 18.23, a P/E/G ratio of 2.08 and a beta of 1.35.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter last year, the business posted $1.19 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, equities research analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. eBay’s dividend payout ratio is currently 25.22%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EBAY. Daiwa Capital Markets lowered their price objective on eBay from $99.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Cowen reiterated a “hold” rating on shares of eBay in a research note on Monday, October 20th. Truist Financial lifted their price objective on shares of eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a report on Monday, November 3rd. Wells Fargo & Company upped their target price on eBay from $89.00 to $96.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. Finally, Robert W. Baird upped their price target on shares of eBay from $89.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $94.69.

Insider Buying and Selling

In other news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the sale, the senior vice president directly owned 3,824 shares of the company’s stock, valued at $341,521.44. This represents a 33.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the sale, the senior vice president directly owned 93,392 shares of the company’s stock, valued at $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 57,102 shares of company stock valued at $4,777,385 over the last ninety days. 0.64% of the stock is currently owned by company insiders.

eBay Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.