Wakefield Asset Management LLLP Has $4.01 Million Stock Position in eBay Inc. $EBAY

Wakefield Asset Management LLLP lessened its stake in eBay Inc. (NASDAQ:EBAY) by 18.3% in the third quarter, Holdings Channel reports. The firm owned 44,117 shares of the e-commerce company’s stock after selling 9,879 shares during the quarter. eBay accounts for about 1.1% of Wakefield Asset Management LLLP’s investment portfolio, making the stock its 24th largest position. Wakefield Asset Management LLLP’s holdings in eBay were worth $4,012,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of EBAY. Savant Capital LLC raised its position in shares of eBay by 19.4% in the 2nd quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock valued at $1,804,000 after buying an additional 3,933 shares in the last quarter. Wedbush Securities Inc. acquired a new stake in shares of eBay during the 2nd quarter worth approximately $215,000. Parkside Financial Bank & Trust increased its stake in eBay by 9.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock valued at $124,000 after acquiring an additional 137 shares during the last quarter. Allworth Financial LP increased its stake in eBay by 72.0% in the second quarter. Allworth Financial LP now owns 14,451 shares of the e-commerce company’s stock valued at $1,076,000 after acquiring an additional 6,049 shares during the last quarter. Finally, Vise Technologies Inc. bought a new stake in eBay during the second quarter worth $4,404,000. Institutional investors own 87.48% of the company’s stock.

Insider Activity

In other eBay news, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the sale, the senior vice president owned 91,921 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of eBay stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $91.99, for a total value of $3,076,237.59. Following the completion of the sale, the senior vice president owned 4,733 shares of the company’s stock, valued at approximately $435,388.67. The trade was a 87.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 44,593 shares of company stock worth $3,998,870 in the last three months. Corporate insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EBAY. UBS Group set a $96.00 target price on eBay in a report on Thursday, February 19th. BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 price target on shares of eBay in a report on Thursday, February 19th. Rothschild & Co Redburn upped their price target on shares of eBay from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Citigroup increased their price target on eBay from $107.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, Arete Research raised their price objective on eBay from $91.00 to $103.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Fourteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $97.97.

eBay Stock Down 2.2%

Shares of NASDAQ:EBAY opened at $90.86 on Wednesday. The firm has a market cap of $40.71 billion, a P/E ratio of 20.89, a P/E/G ratio of 1.94 and a beta of 1.38. The business has a fifty day simple moving average of $89.51 and a 200 day simple moving average of $88.54. 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 Inc. has a 12-month low of $58.71 and a 12-month high of $101.15.

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

eBay Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $0.31 per share. This is a boost from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. eBay’s payout ratio is 28.51%.

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.