VIRGINIA RETIREMENT SYSTEMS ET Al Decreases Position in eBay Inc. $EBAY

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its holdings in eBay Inc. (NASDAQ:EBAY) by 15.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 908,608 shares of the e-commerce company’s stock after selling 171,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in eBay were worth $79,140,000 as of its most recent SEC filing.

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

eBay Price Performance

Shares of NASDAQ:EBAY opened at $110.40 on Wednesday. The company’s fifty day moving average price is $96.70 and its 200 day moving average price is $90.33. eBay Inc. has a 12 month low of $68.60 and a 12 month high of $111.38. 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 firm has a market capitalization of $49.02 billion, a P/E ratio of 25.03, a P/E/G ratio of 2.41 and a beta of 1.39.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The firm had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period last year, the business earned $1.38 EPS. 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 earnings per share for the current fiscal year.

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a $0.31 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. eBay’s payout ratio is currently 28.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on EBAY shares. Citigroup restated an “outperform” rating on shares of eBay in a report on Friday, May 1st. The Goldman Sachs Group raised their price objective on shares of eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. President Capital raised their price objective on shares of eBay from $94.00 to $102.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Arete Research raised their price objective on shares of eBay from $111.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, BNP Paribas Exane raised their price objective on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $106.68.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 23,167 shares of eBay stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total value of $2,168,199.53. Following the transaction, the senior vice president directly owned 28,915 shares in the company, valued at approximately $2,706,154.85. The trade was a 44.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction on 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 completion of the transaction, the chief executive officer owned 352,653 shares in the company, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 86,952 shares of company stock valued at $8,251,267. Company insiders own 0.64% of the company’s stock.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay’s board unanimously rejected GameStop’s bid as “neither credible nor attractive,” removing takeover uncertainty and signaling confidence in eBay’s current strategy and long-term growth plan. eBay Rejects Unsolicited Proposal from GameStop
• Positive Sentiment: Wall Street analysts remained constructive on the stock, with multiple firms raising price targets and one reiterating a buy rating, suggesting the market still sees value in eBay’s standalone business. eBay: Buy Rating Reiterated as Board Rejects GameStop Bid
• Neutral Sentiment: News that Hertz is selling cars on eBay adds some attention to the marketplace platform, but it is not likely to be a major stock driver on its own. Ho Hum: Hertz Is Selling Cars On eBay

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.