HF Advisory Group LLC boosted its holdings in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 285.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,228 shares of the e-commerce company’s stock after acquiring an additional 29,790 shares during the period. HF Advisory Group LLC’s holdings in eBay were worth $3,504,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Invesco Ltd. raised 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 purchasing an additional 140,160 shares during the period. First Trust Advisors LP lifted its holdings in shares of eBay by 27.8% during the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after purchasing an additional 1,808,976 shares in the last quarter. Legal & General Group Plc grew its position in shares of eBay by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock valued at $478,687,000 after purchasing an additional 141,057 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in eBay by 32.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company’s stock valued at $262,973,000 after acquiring an additional 701,530 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in eBay by 5.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,817,489 shares of the e-commerce company’s stock valued at $256,251,000 after acquiring an additional 157,537 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, SVP Mazen Rawashdeh sold 23,167 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the transaction, the senior vice president directly owned 28,915 shares in the company, valued at $2,706,154.85. The trade was a 44.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total transaction of $1,199,686.32. Following the completion of the sale, the senior vice president directly owned 42,948 shares in the company, valued at approximately $3,970,113.12. The trade was a 23.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 87,280 shares of company stock valued at $8,067,074. 0.64% of the stock is currently owned by corporate insiders.
eBay Stock Up 2.3%
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.06. The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business’s revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Analysts anticipate that eBay Inc. will post 3.86 EPS for the current fiscal 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 given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.3%. This is an increase from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Friday, March 6th. eBay’s payout ratio is currently 28.51%.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on EBAY shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of eBay in a report on Thursday, February 19th. UBS Group set a $96.00 price objective on eBay in a research report on Thursday, February 19th. Truist Financial set a $94.00 price objective on eBay and gave the stock a “hold” rating in a report on Thursday, February 19th. BNP Paribas Exane lifted their target price on eBay from $90.00 to $97.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Finally, Jefferies Financial Group cut their target price on eBay from $65.00 to $60.00 and set an “underperform” rating on the stock in a research note on Monday, February 23rd. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $98.22.
Get Our Latest Stock Analysis on eBay
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.
See Also
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