Victory Capital Management Inc. Sells 434,841 Shares of eBay Inc. $EBAY

Victory Capital Management Inc. reduced its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 22.4% during the third quarter, HoldingsChannel.com reports. The fund owned 1,505,199 shares of the e-commerce company’s stock after selling 434,841 shares during the quarter. Victory Capital Management Inc.’s holdings in eBay were worth $134,993,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Arkadios Wealth Advisors purchased a new stake in shares of eBay during the 2nd quarter valued at $230,000. Hantz Financial Services Inc. grew its position in eBay by 153.4% during the second quarter. Hantz Financial Services Inc. now owns 451 shares of the e-commerce company’s stock valued at $34,000 after buying an additional 273 shares during the period. Spire Wealth Management increased its holdings in eBay by 1,071.0% during the second quarter. Spire Wealth Management now owns 2,061 shares of the e-commerce company’s stock worth $153,000 after buying an additional 1,885 shares during the last quarter. Sigma Planning Corp increased its holdings in eBay by 61.2% during the second quarter. Sigma Planning Corp now owns 22,670 shares of the e-commerce company’s stock worth $1,688,000 after buying an additional 8,611 shares during the last quarter. Finally, Huntington National Bank raised its position in eBay by 1.8% in the second quarter. Huntington National Bank now owns 19,947 shares of the e-commerce company’s stock worth $1,485,000 after acquiring an additional 361 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Activity

In related news, SVP Julie A. Loeger sold 2,896 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $82.44, for a total transaction of $238,746.24. Following the completion of the transaction, the senior vice president directly owned 55,990 shares in the company, valued at $4,615,815.60. The trade was a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $79.87, for a total value of $80,588.83. Following the completion of the transaction, the senior vice president owned 5,743 shares in the company, valued at $458,693.41. This represents a 14.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 44,593 shares of company stock valued at $3,998,870. 0.64% of the stock is owned by company insiders.

eBay Stock Performance

Shares of EBAY opened at $91.03 on Thursday. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The stock’s 50-day simple moving average is $89.01 and its 200 day simple moving average is $88.81. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $40.78 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 1.87 and a beta of 1.38.

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

eBay Increases Dividend

The company also recently announced 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 1.4%. This is a boost from eBay’s previous quarterly dividend of $0.29. eBay’s dividend payout ratio is currently 26.67%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EBAY. Daiwa Securities Group raised their price target on shares of eBay from $84.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. UBS Group set a $96.00 target price on eBay in a research report on Thursday, February 19th. TD Cowen reaffirmed a “hold” rating on shares of eBay in a research report on Wednesday, February 18th. Sanford C. Bernstein restated an “outperform” rating on shares of eBay in a research note on Thursday, February 19th. Finally, Robert W. Baird upped their price objective on shares of eBay from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Fourteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $97.75.

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.