Kiltearn Partners LLP Sells 28,200 Shares of eBay Inc. $EBAY

Kiltearn Partners LLP cut its holdings in eBay Inc. (NASDAQ:EBAY) by 16.4% in the third quarter, Holdings Channel reports. The fund owned 143,794 shares of the e-commerce company’s stock after selling 28,200 shares during the quarter. eBay accounts for approximately 2.6% of Kiltearn Partners LLP’s portfolio, making the stock its 15th largest position. Kiltearn Partners LLP’s holdings in eBay were worth $13,078,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in shares of eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after purchasing an additional 140,160 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of eBay by 27.8% during the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after purchasing an additional 1,808,976 shares in the last quarter. Impax Asset Management Group plc boosted its stake in shares of eBay by 7.8% during the second quarter. Impax Asset Management Group plc now owns 3,810,634 shares of the e-commerce company’s stock valued at $282,838,000 after purchasing an additional 275,344 shares in the last quarter. ABN AMRO Bank N.V. purchased a new position in eBay during the second quarter valued at approximately $235,149,000. Finally, Robeco Institutional Asset Management B.V. increased its holdings in eBay by 5.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,817,489 shares of the e-commerce company’s stock valued at $256,251,000 after buying an additional 157,537 shares during the period. 87.48% of the stock is currently owned by institutional investors.

eBay Price Performance

NASDAQ EBAY opened at $92.71 on Monday. The firm’s fifty day simple moving average is $89.33 and its two-hundred day simple moving average is $88.64. The firm has a market capitalization of $41.53 billion, a P/E ratio of 21.31, a P/E/G ratio of 1.94 and a beta of 1.38. 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 12-month low of $58.71 and a 12-month high of $101.15.

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

eBay Increases Dividend

The firm also recently declared 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. This represents a $1.24 dividend on an annualized basis and a yield of 1.3%. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, March 6th. eBay’s dividend payout ratio (DPR) is 28.51%.

Insiders Place Their Bets

In other news, SVP Cornelius Boone sold 4,462 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the sale, the senior vice president owned 91,921 shares in the company, valued at approximately $7,715,848.74. The trade was a 4.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,920 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $81.90, for a total transaction of $157,248.00. Following the transaction, the senior vice president owned 5,746 shares in the company, valued at approximately $470,597.40. This trade represents a 25.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 44,593 shares of company stock worth $3,998,870 in the last three months. Insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

EBAY has been the subject of a number of analyst reports. President Capital lowered their target price on eBay from $103.00 to $94.00 and set a “buy” rating for the company in a report on Friday, December 19th. Deutsche Bank Aktiengesellschaft lifted their price target on eBay from $100.00 to $118.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Wall Street Zen upgraded eBay from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Stifel Nicolaus raised their price objective on eBay from $88.00 to $94.00 and gave the company a “hold” rating in a research report on Thursday, February 19th. Finally, Robert W. Baird lifted their target price on eBay from $100.00 to $105.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Fourteen 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. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $97.97.

About eBay

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.