USS Investment Management Ltd Sells 39,745 Shares of eBay Inc. $EBAY

USS Investment Management Ltd decreased its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 29.6% in the first quarter, Holdings Channel.com reports. The firm owned 94,425 shares of the e-commerce company’s stock after selling 39,745 shares during the period. USS Investment Management Ltd’s holdings in eBay were worth $8,597,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. High Point Wealth Management LLC bought a new stake in shares of eBay in the 4th quarter worth approximately $26,000. Abound Financial LLC bought a new position in eBay during the 4th quarter valued at approximately $26,000. Jessup Wealth Management Inc purchased a new position in eBay during the fourth quarter valued at $27,000. Beacon Financial Strategies CORP purchased a new position in eBay during the fourth quarter valued at $28,000. Finally, JFS Wealth Advisors LLC boosted its holdings in eBay by 57.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after acquiring an additional 116 shares in the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

eBay Trading Down 0.4%

eBay stock opened at $111.28 on Thursday. eBay Inc. has a one year low of $75.12 and a one year high of $119.31. The business’s fifty day moving average is $109.13 and its 200 day moving average is $96.89. The stock has a market capitalization of $49.41 billion, a PE ratio of 25.23, a price-to-earnings-growth ratio of 2.45 and a beta of 1.37. 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 (NASDAQ:EBAY) last issued 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 business had revenue of $3.09 billion during 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%.eBay’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, sell-side analysts predict that eBay Inc. will post 4.91 EPS for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a dividend of $0.31 per share. The ex-dividend date was 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%.

Insider Activity at eBay

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of eBay stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the sale, the senior vice president owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. The trade was a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,113 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $100.36, for a total transaction of $1,215,660.68. Following the sale, the senior vice president owned 30,835 shares of the company’s stock, valued at approximately $3,094,600.60. This represents a 28.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 98,015 shares of company stock worth $10,749,186 over the last quarter. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

EBAY has been the topic of a number of recent research reports. Citigroup increased their target price on eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Needham & Company LLC reiterated a “buy” rating and issued a $122.00 price target on shares of eBay in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a research report on Monday, May 4th. The Goldman Sachs Group lifted their target price on shares of eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, President Capital upped their target price on shares of eBay from $102.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, eBay presently has an average rating of “Hold” and a consensus target price of $108.61.

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.