Sigma Planning Corp Sells 9,920 Shares of eBay Inc. $EBAY

Sigma Planning Corp trimmed its stake in shares of eBay Inc. (NASDAQ:EBAY) by 63.4% during the first quarter, Holdings Channel reports. The firm owned 5,735 shares of the e-commerce company’s stock after selling 9,920 shares during the period. Sigma Planning Corp’s holdings in eBay were worth $522,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EBAY. Cedar Mountain Advisors LLC lifted its position in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares during the period. High Point Wealth Management LLC bought a new stake in eBay in the fourth quarter valued at $26,000. Abound Financial LLC bought a new stake in eBay in the fourth quarter valued at $26,000. Jessup Wealth Management Inc bought a new stake in eBay in the fourth quarter valued at $27,000. Finally, Beacon Financial Strategies CORP acquired a new position in eBay during the fourth quarter worth $28,000. 87.48% of the stock is currently owned by institutional investors.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop disclosed that it has accumulated nearly 10% of eBay, a large stake that could signal strategic interest and spark speculation about a sale, partnership, or other value-creating transaction. GameStop discloses 10% eBay stake as it pushes for a deal
• Positive Sentiment: Reports that Ryan Cohen converted derivatives into 43.4 million shares reinforced the view that GameStop is serious about its eBay position, which can support takeover speculation and lift investor interest in eBay. GameStop Builds 9.8% eBay Stake After Rejected Bid
• Positive Sentiment: Coverage framing the move as an activist play suggests the situation may pressure eBay to consider strategic alternatives, which investors often view as potentially supportive for the share price. GameStop’s eBay Deal Is Less An Acquisition Than An Activist Play
• Neutral Sentiment: Several additional articles repeated the same stake-building and takeover-speculation theme, amplifying attention around EBAY but adding little new fundamental information. GameStop Doubles Down On eBay Bid As Ryan Cohen Escalates Pursuit
• Negative Sentiment: Some commentary called the bid confusing or skeptical, and noted Wall Street doubt about the strategy. That skepticism could limit enthusiasm if investors conclude the bid is unlikely to succeed. GameStop owns nearly 10% of eBay in confusing hostile takeover strategy

Analysts Set New Price Targets

EBAY has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and set a $122.00 price objective on shares of eBay in a report on Thursday, April 30th. Rothschild & Co Redburn increased their target price on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Daiwa Securities Group increased their target price on shares of eBay from $90.00 to $114.00 in a research report on Monday, May 11th. BMO Capital Markets lifted their price target on shares of eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Finally, Morgan Stanley boosted their price target on shares of eBay to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $110.52.

Insider Transactions at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.61, for a total value 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 $3,716,399.06. This trade represents a 3.05% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was 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 owned 29,217 shares of the company’s stock, valued at $3,419,557.68. This trade represents a 63.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 76,012 shares of company stock worth $8,747,852. Corporate insiders own 0.67% of the company’s stock.

eBay Price Performance

eBay stock opened at $114.19 on Tuesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market cap of $50.70 billion, a P/E ratio of 25.89, a P/E/G ratio of 2.47 and a beta of 1.37. The business’s fifty day moving average is $111.72 and its two-hundred day moving average is $99.63. eBay Inc. has a 52 week low of $77.12 and a 52 week high of $119.31.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. During the same period last year, the company posted $1.38 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Announces Dividend

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