Atria Investments Inc Lowers Stake in eBay Inc. $EBAY

Atria Investments Inc lowered its stake in shares of eBay Inc. (NASDAQ:EBAY) by 17.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 65,153 shares of the e-commerce company’s stock after selling 13,643 shares during the period. Atria Investments Inc’s holdings in eBay were worth $5,675,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of EBAY. Guggenheim Capital LLC lifted its holdings in eBay by 7.4% during the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after buying an additional 988 shares during the period. Jump Financial LLC purchased a new stake in eBay during the second quarter worth $275,000. NewEdge Advisors LLC lifted its holdings in eBay by 70.4% during the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after buying an additional 44,851 shares during the period. Sei Investments Co. lifted its holdings in eBay by 48.7% during the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after buying an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in eBay by 26.3% during the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after buying an additional 67,731 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of EBAY opened at $116.13 on Friday. eBay Inc. has a 12 month low of $70.42 and a 12 month high of $116.83. The stock has a fifty day moving average price of $98.16 and a 200-day moving average price of $90.75. 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 cap of $51.56 billion, a PE ratio of 26.33, a P/E/G ratio of 2.52 and a beta of 1.39.

eBay (NASDAQ:EBAY) last issued 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. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the prior year, the business posted $1.38 EPS. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities research analysts predict that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay’s rejection of GameStop’s offer removes immediate uncertainty around a potentially complex and debt-heavy transaction, and some investors may view management’s stance as a sign of discipline and confidence in the standalone business. eBay rejects GameStop’s $55.5 billion takeover bid
• Positive Sentiment: Rothschild & Co Redburn raised its price target on eBay to $115, suggesting analysts see more upside after the stock’s strong run. MarketScreener report on Redburn target increase
• Positive Sentiment: Recent articles highlight strong share-price momentum, with eBay up sharply over the past month, quarter and year, which can attract additional investor interest. A Look At eBay (EBAY) Valuation As Recent Share Price Momentum Meets Conflicting Fair Value Signals

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the transaction, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This represents a 5.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,199,686.32. Following the completion of the transaction, the senior vice president directly owned 42,948 shares in the company, valued at approximately $3,970,113.12. The trade was a 23.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 86,952 shares of company stock valued at $8,251,267 in the last quarter. Insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

EBAY has been the subject of a number of analyst reports. BMO Capital Markets upped their target price on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Citizens Jmp increased their price objective on eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a report on Friday, May 1st. Citigroup increased their price objective on eBay from $114.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $122.00 price objective on shares of eBay in a report on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $107.58.

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.