Thrivent Financial for Lutherans Has $2.57 Million Stake in eBay Inc. $EBAY

Thrivent Financial for Lutherans decreased its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 32.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,441 shares of the e-commerce company’s stock after selling 14,427 shares during the quarter. Thrivent Financial for Lutherans’ holdings in eBay were worth $2,565,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Guggenheim Capital LLC lifted its stake in eBay by 7.4% in the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after acquiring an additional 988 shares during the last quarter. Jump Financial LLC acquired a new stake in eBay in the second quarter valued at $275,000. NewEdge Advisors LLC lifted its stake in eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after acquiring an additional 44,851 shares during the last quarter. Sei Investments Co. lifted its stake in eBay by 48.7% in the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after acquiring an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in eBay by 26.3% in the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after acquiring an additional 67,731 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: GameStop raised its economic exposure to eBay through derivatives and filings, increasing speculation that Ryan Cohen may push for a takeover or activist campaign that could unlock value for EBAY shareholders. GameStop Raises Economic Exposure to eBay
• Positive Sentiment: Reports that GameStop is interested in buying eBay helped lift sentiment, as takeover speculation can boost a stock on expectations of a higher offer price or strategic restructuring. eBay (EBAY) Stock Is Up, What You Need To Know
• Neutral Sentiment: Analysts and media coverage are debating whether Ryan Cohen should be taken seriously as an eBay investor, adding attention but not yet confirming a formal deal or major operating change. Should Ryan Cohen be taken seriously as an eBay investor?
• Neutral Sentiment: Additional coverage highlighted eBay’s recent surge to 52-week highs, suggesting the stock has already priced in some of the takeover-related optimism. Why did ARM, SLS, EBAY stocks surge to 52-week highs?
• Negative Sentiment: Some commentary warned that a GameStop bid could damage its own credit rating and valuation, which may temper enthusiasm if the takeover thesis becomes less credible or more complicated. GameStop Wants to Buy eBay. It Could Collapse Its Credit Rating and Valuation in the Process.

eBay Price Performance

eBay stock opened at $115.75 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 12-month low of $71.53 and a 12-month high of $119.31. The firm’s fifty day moving average is $100.54 and its 200 day moving average is $91.64. The company has a market capitalization of $51.39 billion, a PE ratio of 26.25, a PEG ratio of 2.57 and a beta of 1.39.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter in the previous year, the company earned $1.38 EPS. eBay’s quarterly revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, sell-side analysts predict that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, May 29th. eBay’s payout ratio is 28.12%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EBAY. Daiwa Securities Group increased their price objective on shares of eBay from $90.00 to $114.00 in a research report on Monday, May 11th. BNP Paribas Exane increased their price objective on shares of eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. BMO Capital Markets increased their price objective on shares of eBay from $120.00 to $130.00 in a research report on Thursday, April 30th. Stifel Nicolaus set a $98.00 price objective on shares of eBay in a research report on Thursday, April 30th. Finally, Piper Sandler reissued an “overweight” rating and issued a $115.00 price objective (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, eBay currently has a consensus rating of “Hold” and an average price target of $107.90.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 23,167 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the completion of the sale, the senior vice president owned 28,915 shares in the company, valued at approximately $2,706,154.85. The trade was a 44.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total transaction of $1,542,361.40. Following the sale, the senior vice president owned 94,479 shares of the company’s stock, valued at $8,733,638.76. This trade represents a 15.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 86,953 shares of company stock worth $8,287,444. Company insiders own 0.64% of the company’s stock.

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.