Keybank National Association OH Increases Stock Holdings in eBay Inc. $EBAY

Keybank National Association OH increased its stake in shares of eBay Inc. (NASDAQ:EBAY) by 328.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 73,788 shares of the e-commerce company’s stock after acquiring an additional 56,576 shares during the quarter. Keybank National Association OH’s holdings in eBay were worth $6,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of EBAY. High Point Wealth Management LLC purchased a new position in eBay during the 4th quarter worth $26,000. Abound Financial LLC purchased a new stake in shares of eBay in the fourth quarter valued at about $26,000. Jessup Wealth Management Inc purchased a new stake in shares of eBay in the fourth quarter valued at about $27,000. Beacon Financial Strategies CORP bought a new position in shares of eBay during the fourth quarter valued at about $28,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the completion of the sale, the chief executive officer directly owned 280,204 shares of the company’s stock, valued at $30,707,556.36. This trade represents a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a 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 1,919 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 98,015 shares of company stock valued at $10,749,186. 0.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Rothschild & Co Redburn upped their price objective on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Citigroup lifted their target price on shares of eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research note on Friday, June 12th. Daiwa Securities Group upped their target price on eBay from $90.00 to $114.00 in a report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research report on Monday, May 4th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $108.61.

eBay Stock Performance

NASDAQ EBAY opened at $114.84 on Friday. eBay Inc. has a 52-week low of $75.12 and a 52-week high of $119.31. The company has a 50-day simple moving average of $109.50 and a 200 day simple moving average of $97.23. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $50.99 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 2.53 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts predict that eBay Inc. will post 4.87 EPS for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s payout ratio is 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.