Independent Franchise Partners LLP Sells 750,082 Shares of eBay Inc. $EBAY

Independent Franchise Partners LLP lessened its stake in shares of eBay Inc. (NASDAQ:EBAY) by 9.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,363,607 shares of the e-commerce company’s stock after selling 750,082 shares during the quarter. eBay comprises 4.4% of Independent Franchise Partners LLP’s portfolio, making the stock its 12th largest holding. Independent Franchise Partners LLP owned approximately 1.63% of eBay worth $669,720,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Miracle Mile Advisors LLC boosted its position in shares of eBay by 0.4% in the third quarter. Miracle Mile Advisors LLC now owns 29,151 shares of the e-commerce company’s stock valued at $2,651,000 after acquiring an additional 118 shares during the period. Garrett Wealth Advisory Group LLC grew its stake in eBay by 3.8% during the second quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock valued at $244,000 after acquiring an additional 119 shares in the last quarter. Groupe la Francaise increased its holdings in eBay by 8.2% during the 2nd quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock worth $121,000 after acquiring an additional 123 shares during the period. Empower Advisory Group LLC lifted its stake in eBay by 3.5% in the 2nd quarter. Empower Advisory Group LLC now owns 4,566 shares of the e-commerce company’s stock worth $340,000 after purchasing an additional 153 shares in the last quarter. Finally, Mutual Advisors LLC lifted its stake in eBay by 5.2% in the 3rd quarter. Mutual Advisors LLC now owns 3,194 shares of the e-commerce company’s stock worth $305,000 after purchasing an additional 158 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EBAY. Bank of America raised their price target on shares of eBay from $100.00 to $102.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Arete Research increased their price objective on eBay from $91.00 to $103.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. UBS Group set a $96.00 price objective on eBay in a research note on Thursday, February 19th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research report on Monday, December 29th. Finally, Evercore upped their target price on eBay from $93.00 to $94.00 in a research note on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $97.97.

eBay Stock Performance

eBay stock opened at $91.34 on Friday. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $40.92 billion, a P/E ratio of 21.00, a price-to-earnings-growth ratio of 1.88 and a beta of 1.38. The firm’s fifty day moving average price is $89.74 and its 200-day moving average price is $88.53.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.06. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.87 billion. eBay had a net margin of 18.30% and a return on equity of 43.04%. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.25 earnings per share. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, equities research analysts expect that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, March 6th. This is an increase from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio (DPR) is currently 28.51%.

Insider Activity

In related news, SVP Mazen Rawashdeh sold 1,920 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total value of $157,248.00. Following the completion of the sale, the senior vice president owned 5,746 shares in the company, valued at $470,597.40. The trade was a 25.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Cornelius Boone sold 4,462 shares of the company’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 value of $374,540.28. Following the completion of the sale, 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. In the last three months, insiders have sold 41,697 shares of company stock worth $3,760,124. 0.64% of the stock is currently owned by insiders.

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.