Fieldview Capital Management LLC Cuts Holdings in eBay Inc. $EBAY

Fieldview Capital Management LLC decreased its stake in eBay Inc. (NASDAQ:EBAY) by 75.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 12,696 shares of the e-commerce company’s stock after selling 40,065 shares during the quarter. Fieldview Capital Management LLC’s holdings in eBay were worth $1,155,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Financial Consulate Inc. bought a new stake in shares of eBay during the 3rd quarter worth $27,000. Steigerwald Gordon & Koch Inc. bought a new position in eBay in the third quarter valued at $28,000. Sumitomo Mitsui Financial Group Inc. increased its stake in eBay by 155.3% in the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after acquiring an additional 250 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in eBay during the third quarter valued at about $32,000. Finally, Cloud Capital Management LLC purchased a new stake in eBay during the third quarter valued at about $40,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Price Performance

Shares of eBay stock opened at $92.96 on Tuesday. The company’s fifty day simple moving average is $89.43 and its two-hundred day simple moving average is $88.60. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15. The firm has a market cap of $41.65 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 1.94 and a beta of 1.38. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.

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

eBay Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is currently 28.51%.

Insiders Place Their Bets

In related news, 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 transaction of $374,540.28. Following the completion of the transaction, the senior vice president owned 91,921 shares in the company, valued at $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $79.87, for a total value of $80,588.83. Following the completion of the sale, the senior vice president directly owned 5,743 shares of the company’s stock, valued at $458,693.41. The trade was a 14.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 44,593 shares of company stock worth $3,998,870. Corporate insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Citizens Jmp reaffirmed a “market outperform” rating and set a $115.00 price target on shares of eBay in a research note on Wednesday, January 28th. TD Cowen reissued a “hold” rating on shares of eBay in a report on Wednesday, February 18th. Morgan Stanley reissued an “overweight” rating and set a $119.00 price objective on shares of eBay in a report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft upped their target price on eBay from $100.00 to $118.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Finally, The Goldman Sachs Group upgraded shares of eBay from a “sell” rating to a “neutral” rating and set a $88.00 price target on the stock in a research report on Thursday, February 19th. Fourteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, eBay currently has a consensus rating of “Hold” and a consensus price target of $97.97.

eBay Company 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.