PNC Financial Services Group Inc. Sells 7,952 Shares of eBay Inc. $EBAY

PNC Financial Services Group Inc. reduced its holdings in eBay Inc. (NASDAQ:EBAY) by 4.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 181,820 shares of the e-commerce company’s stock after selling 7,952 shares during the quarter. PNC Financial Services Group Inc.’s holdings in eBay were worth $15,836,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Allianz Asset Management GmbH increased its stake in eBay by 10.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,459,405 shares of the e-commerce company’s stock worth $223,683,000 after acquiring an additional 242,168 shares during the last quarter. Independent Advisor Alliance increased its stake in eBay by 407.8% in the 3rd quarter. Independent Advisor Alliance now owns 26,469 shares of the e-commerce company’s stock worth $2,407,000 after acquiring an additional 21,257 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in eBay by 30.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 181,787 shares of the e-commerce company’s stock worth $16,534,000 after acquiring an additional 42,048 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in eBay by 4.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock worth $255,294,000 after acquiring an additional 113,553 shares during the last quarter. Finally, Northstar Advisory Group LLC increased its stake in eBay by 31.6% in the 3rd quarter. Northstar Advisory Group LLC now owns 59,129 shares of the e-commerce company’s stock worth $5,378,000 after acquiring an additional 14,204 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EBAY has been the topic of several recent research reports. Wells Fargo & Company increased their price objective on eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Truist Financial increased their price objective on eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Susquehanna increased their price objective on eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. President Capital increased their price objective on eBay from $94.00 to $102.00 and gave the company a “buy” rating in a research report on Tuesday, March 31st. Finally, Evercore set a $96.00 price objective on eBay in a research report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, eBay currently has an average rating of “Hold” and a consensus price target of $107.90.

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $115.61, for a total transaction of $116,766.10. Following the completion of the sale, the senior vice president directly owned 32,146 shares in the company, valued at $3,716,399.06. This represents a 3.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 stock in a transaction dated 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 sale, the senior vice president owned 28,915 shares of the company’s stock, valued at $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 86,953 shares of company stock valued at $8,287,444. 0.64% of the stock is owned by insiders.

eBay News Roundup

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its economic exposure to eBay through derivatives and filings, increasing speculation that Ryan Cohen may push for a takeover or activist campaign that could unlock value for EBAY shareholders. GameStop Raises Economic Exposure to eBay
• Positive Sentiment: Reports that GameStop is interested in buying eBay helped lift sentiment, as takeover speculation can boost a stock on expectations of a higher offer price or strategic restructuring. eBay (EBAY) Stock Is Up, What You Need To Know
• Neutral Sentiment: Analysts and media coverage are debating whether Ryan Cohen should be taken seriously as an eBay investor, adding attention but not yet confirming a formal deal or major operating change. Should Ryan Cohen be taken seriously as an eBay investor?
• Neutral Sentiment: Additional coverage highlighted eBay’s recent surge to 52-week highs, suggesting the stock has already priced in some of the takeover-related optimism. Why did ARM, SLS, EBAY stocks surge to 52-week highs?
• Negative Sentiment: Some commentary warned that a GameStop bid could damage its own credit rating and valuation, which may temper enthusiasm if the takeover thesis becomes less credible or more complicated. GameStop Wants to Buy eBay. It Could Collapse Its Credit Rating and Valuation in the Process.

eBay Price Performance

Shares of eBay stock opened at $115.75 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $51.39 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 2.61 and a beta of 1.39. The business’s 50-day moving average price is $100.54 and its 200-day moving average price is $91.57. eBay Inc. has a 12 month low of $71.53 and a 12 month high of $119.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, beating 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 return on equity of 46.11% and a net margin of 17.58%.The company’s revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Sell-side analysts forecast that eBay Inc. will post 4.83 EPS 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 issued a dividend of $0.31 per share. The ex-dividend date is Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio is currently 28.12%.

eBay Profile

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.