eBay Inc. $EBAY Shares Sold by Icon Advisers Inc. Co.

Icon Advisers Inc. Co. reduced its holdings in eBay Inc. (NASDAQ:EBAY) by 17.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,291 shares of the e-commerce company’s stock after selling 9,700 shares during the quarter. Icon Advisers Inc. Co.’s holdings in eBay were worth $4,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in shares of eBay during the third quarter worth $770,000. Allianz Asset Management GmbH boosted its position in shares of eBay by 10.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,459,405 shares of the e-commerce company’s stock valued at $223,683,000 after purchasing an additional 242,168 shares during the period. Independent Advisor Alliance boosted its position in shares of eBay by 407.8% in the 3rd quarter. Independent Advisor Alliance now owns 26,469 shares of the e-commerce company’s stock valued at $2,407,000 after purchasing an additional 21,257 shares during the period. Savant Capital LLC increased its stake in eBay by 19.4% in the 2nd quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after purchasing an additional 3,933 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in eBay by 30.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 181,787 shares of the e-commerce company’s stock worth $16,534,000 after purchasing an additional 42,048 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Trading Down 0.4%

Shares of NASDAQ EBAY opened at $92.71 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The business has a 50-day moving average price of $89.33 and a two-hundred day moving average price of $88.80. The firm has a market capitalization of $41.53 billion, a PE ratio of 21.31, a PEG ratio of 1.94 and a beta of 1.38.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be paid a $0.31 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.24 annualized dividend and a yield of 1.3%. This is a boost from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio (DPR) is currently 26.67%.

Insider Activity at eBay

In other news, SVP Cornelius Boone sold 4,462 shares of the business’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 transaction, the senior vice president directly owned 91,921 shares in the company, valued at $7,715,848.74. The trade was a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Mazen Rawashdeh sold 1,920 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the completion of the transaction, the senior vice president directly owned 5,746 shares in the company, valued at $470,597.40. This trade represents a 25.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,593 shares of company stock worth $3,998,870 in the last 90 days. 0.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on EBAY. Deutsche Bank Aktiengesellschaft upped their price objective on shares of eBay from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Morgan Stanley reissued an “overweight” rating and issued a $119.00 target price on shares of eBay in a research report on Thursday, February 19th. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Wedbush upped their price target on shares of eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Stifel Nicolaus raised their price objective on shares of eBay from $88.00 to $94.00 and gave the stock a “hold” rating in a research note on Thursday, February 19th. Fourteen 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 MarketBeat, the company has a consensus rating of “Hold” and an average target price 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.