Chevy Chase Trust Holdings LLC Reduces Stock Holdings in eBay Inc. $EBAY

Chevy Chase Trust Holdings LLC trimmed its position in shares of eBay Inc. (NASDAQ:EBAYFree Report) by 10.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 330,576 shares of the e-commerce company’s stock after selling 38,001 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in eBay were worth $30,066,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Empower Advisory Group LLC raised its stake in shares of eBay by 3.5% in the second quarter. Empower Advisory Group LLC now owns 4,566 shares of the e-commerce company’s stock valued at $340,000 after buying an additional 153 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of eBay by 3.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 113,063 shares of the e-commerce company’s stock worth $8,419,000 after acquiring an additional 3,522 shares during the period. Creative Planning increased its holdings in eBay by 14.6% in the 2nd quarter. Creative Planning now owns 102,138 shares of the e-commerce company’s stock worth $7,605,000 after acquiring an additional 12,999 shares during the last quarter. Ontario Teachers Pension Plan Board increased its holdings in eBay by 51.0% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 16,124 shares of the e-commerce company’s stock worth $1,201,000 after acquiring an additional 5,444 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its stake in eBay by 1.8% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 170,024 shares of the e-commerce company’s stock valued at $12,660,000 after acquiring an additional 3,071 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,920 shares of eBay stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total transaction of $157,248.00. Following the completion of the sale, the senior vice president directly owned 5,746 shares in the company, valued at $470,597.40. The trade was a 25.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Cornelius Boone sold 4,462 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the transaction, the senior vice president directly owned 91,921 shares of the company’s stock, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 41,697 shares of company stock valued at $3,760,124 over the last three months. 0.64% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on EBAY. Wells Fargo & Company increased their target price on shares of eBay from $98.00 to $101.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 19th. Cantor Fitzgerald reissued a “neutral” rating and issued a $90.00 price target on shares of eBay in a research report on Thursday, February 19th. Rothschild & Co Redburn upped their price target on shares of eBay from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Robert W. Baird raised their price objective on shares of eBay from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Finally, The Goldman Sachs Group upgraded shares of eBay from a “sell” rating to a “neutral” rating and set a $88.00 price objective for the company in a research note on Thursday, February 19th. Fourteen equities 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 stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $97.97.

Check Out Our Latest Research Report on eBay

eBay Price Performance

eBay stock opened at $91.34 on Monday. eBay Inc. has a 52 week low of $58.71 and a 52 week high of $101.15. The business has a 50-day simple moving average of $89.74 and a 200 day simple moving average of $88.45. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30. The stock has a market cap of $40.92 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 1.91 and a beta of 1.38.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.06. The firm 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 company’s revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a $0.31 dividend. This is an increase from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. eBay’s payout ratio is 28.51%.

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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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