Great Diamond Partners LLC Sells 7,811 Shares of eBay Inc. $EBAY

Great Diamond Partners LLC decreased its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 63.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,470 shares of the e-commerce company’s stock after selling 7,811 shares during the quarter. Great Diamond Partners LLC’s holdings in eBay were worth $389,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EBAY. Guggenheim Capital LLC raised its position in shares of eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after acquiring an additional 988 shares during the last quarter. Jump Financial LLC bought a new stake in shares of eBay during the 2nd quarter valued at $275,000. NewEdge Advisors LLC increased its position in shares of eBay by 70.4% in the 2nd quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after buying an additional 44,851 shares in the last quarter. Sei Investments Co. increased its position in shares of eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after buying an additional 154,465 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after buying an additional 67,731 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Truist Financial upped their price objective on shares of eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, May 4th. UBS Group upped their price objective on shares of eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. The Goldman Sachs Group upped their price objective on shares of eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley upped their price objective on shares of eBay to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Finally, Citizens Jmp upped their price objective on shares of eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a research report on Friday, May 1st. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, eBay has an average rating of “Hold” and a consensus target price of $107.90.

eBay Price Performance

Shares of NASDAQ EBAY opened at $117.13 on Friday. The firm has a market cap of $52.01 billion, a PE ratio of 26.56, a PEG ratio of 2.65 and a beta of 1.39. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 1-year low of $71.00 and a 1-year high of $119.31. The company has a fifty day moving average price of $100.06 and a 200 day moving average price of $91.40.

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, topping analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $3.09 billion during 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%. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts predict that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be paid 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 presently 28.12%.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the transaction, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 23,167 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the completion of the transaction, the senior vice president directly owned 28,915 shares of the company’s stock, valued at approximately $2,706,154.85. The trade was a 44.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 86,953 shares of company stock valued at $8,287,444 in the last quarter. 0.64% of the stock is currently owned by company insiders.

eBay News Roundup

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay recently beat quarterly expectations, with revenue and EPS topping estimates, and several analysts have raised price targets on the stock, including Citigroup to $127 and Barclays to $114. 1 S&P 500 Stock on Our Buy List and 2 Facing Headwinds
• Positive Sentiment: GameStop’s increased economic exposure to eBay keeps the stock in the spotlight and has sparked takeover and governance speculation, which can support trading interest in EBAY. GameStop Raises Economic Exposure to eBay
• Positive Sentiment: Market commentary and investor debate around Ryan Cohen’s involvement suggest some traders see a possible catalyst from activist pressure, board changes, or a deal-related outcome. Should Ryan Cohen be taken seriously as an eBay investor?
• Neutral Sentiment: One report noted a small insider sale by an eBay executive under a pre-arranged trading plan, which does not appear to signal a major shift in fundamentals. Jordan Douglas Bradle Sweetnam Sells 1,010 Shares of eBay (NASDAQ:EBAY) Stock
• Negative Sentiment: Some analysts still see limited upside from current levels, with Sanford C. Bernstein lowering its target to $100 and maintaining a market-perform view, implying valuation may be stretched after the recent run-up. Bernstein adjusts price target on eBay to $100 from $95, maintains Market Perform

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.