Handelsbanken Fonder AB Cuts Holdings in eBay Inc. $EBAY

Handelsbanken Fonder AB decreased its position in eBay Inc. (NASDAQ:EBAY) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 295,742 shares of the e-commerce company’s stock after selling 5,372 shares during the period. Handelsbanken Fonder AB owned about 0.07% of eBay worth $25,759,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quotient Wealth Partners LLC increased its holdings in eBay by 4.5% in the fourth quarter. Quotient Wealth Partners LLC now owns 2,558 shares of the e-commerce company’s stock valued at $223,000 after buying an additional 110 shares in the last quarter. Childress Capital Advisors LLC increased its holdings in eBay by 3.2% in the fourth quarter. Childress Capital Advisors LLC now owns 3,685 shares of the e-commerce company’s stock valued at $321,000 after buying an additional 114 shares in the last quarter. JFS Wealth Advisors LLC increased its holdings in eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after buying an additional 116 shares in the last quarter. Freestone Capital Holdings LLC increased its holdings in eBay by 3.0% in the fourth quarter. Freestone Capital Holdings LLC now owns 4,613 shares of the e-commerce company’s stock valued at $402,000 after buying an additional 135 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its holdings in eBay by 2.1% in the fourth quarter. Valeo Financial Advisors LLC now owns 6,799 shares of the e-commerce company’s stock valued at $592,000 after buying an additional 141 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Up 4.1%

Shares of NASDAQ EBAY opened at $118.96 on Thursday. eBay Inc. has a 12-month low of $71.00 and a 12-month high of $119.31. The stock has a market cap of $52.82 billion, a PE ratio of 26.98, a P/E/G ratio of 2.54 and a beta of 1.39. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The company has a 50-day moving average of $99.54 and a 200 day moving average of $91.15.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter in the prior year, the company earned $1.38 EPS. eBay’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, sell-side analysts predict that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio is currently 28.12%.

Analyst Upgrades and Downgrades

EBAY has been the subject of a number of recent analyst reports. Barclays lifted their price objective on shares of eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Cantor Fitzgerald boosted their target price on shares of eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. UBS Group boosted their target price on shares of eBay from $96.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Susquehanna boosted their target price on shares of eBay from $95.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Citizens Jmp boosted their target price on shares of eBay from $115.00 to $120.00 and gave the stock a “market outperform” rating in a research note on Friday, May 1st. Thirteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $107.90.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop increased its eBay stake to about 6.55%-6.6%, signaling continued takeover pressure and keeping merger/acquisition speculation alive. Reuters: GameStop increases stake in eBay to more than 6%
• Positive Sentiment: Sanford C. Bernstein raised its price target on eBay to $100 from $95, showing analysts still see value in the stock despite the takeover noise. MarketScreener: Bernstein adjusts price target on eBay

Insider Buying and Selling at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $115.61, for a total transaction of $116,766.10. Following the completion of the sale, the senior vice president owned 32,146 shares of the company’s stock, valued at approximately $3,716,399.06. This represents a 3.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $97.37, for a total transaction of $2,044,770.00. Following the sale, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 86,953 shares of company stock worth $8,287,444 in the last 90 days. 0.64% of the stock is currently owned by insiders.

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.