Prudential PLC Has $9.76 Million Stock Holdings in eBay Inc. $EBAY

Prudential PLC decreased its holdings in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,062 shares of the e-commerce company’s stock after selling 4,846 shares during the quarter. Prudential PLC’s holdings in eBay were worth $9,761,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EBAY. High Point Wealth Management LLC acquired a new position in shares of eBay during the 4th quarter worth $26,000. JPL Wealth Management LLC acquired a new position in shares of eBay during the 3rd quarter worth $28,000. Beacon Financial Strategies CORP acquired a new position in shares of eBay during the 4th quarter worth $28,000. JFS Wealth Advisors LLC increased its stake in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after purchasing an additional 116 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new position in shares of eBay during the 4th quarter worth $33,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the topic of several analyst reports. Cantor Fitzgerald increased their price target 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 increased their price target 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. JPMorgan Chase & Co. increased their price target on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Citigroup raised their target price on shares of eBay from $114.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 target price on shares of eBay in a research note on Monday, May 4th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, eBay has an average rating of “Hold” and an average target price of $107.84.

Read Our Latest Stock Analysis on eBay

Insider Activity at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the firm’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 transaction, the senior vice president directly owned 32,146 shares of the company’s stock, valued at approximately $3,716,399.06. This trade represents a 3.05% decrease in their position. The transaction 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, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the transaction, the senior vice president directly owned 94,479 shares of the company’s stock, valued at $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 136,953 shares of company stock valued at $14,139,444 in the last quarter. Company insiders own 0.64% of the company’s stock.

eBay Price Performance

Shares of eBay stock opened at $109.35 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. eBay Inc. has a fifty-two week low of $72.84 and a fifty-two week high of $119.31. The firm has a fifty day moving average price of $104.60 and a two-hundred day moving average price of $93.47. The company has a market cap of $48.55 billion, a PE ratio of 24.80, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39.

eBay (NASDAQ:EBAYGet Free Report) last issued its quarterly 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 net margin of 17.58% and a return on equity of 46.11%. The firm had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same period in the prior year, the firm earned $1.38 EPS. The business’s revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts expect that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

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

eBay Profile

(Free Report)

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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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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