Wakefield Asset Management LLLP Has $4.01 Million Position in eBay Inc. $EBAY

Wakefield Asset Management LLLP reduced its position in shares of eBay Inc. (NASDAQ:EBAY) by 18.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,117 shares of the e-commerce company’s stock after selling 9,879 shares during the period. eBay accounts for approximately 1.1% of Wakefield Asset Management LLLP’s holdings, making the stock its 24th biggest position. Wakefield Asset Management LLLP’s holdings in eBay were worth $4,012,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EBAY. Savant Capital LLC lifted its stake in shares of eBay by 19.4% in the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock valued at $1,804,000 after buying an additional 3,933 shares during the period. Wedbush Securities Inc. acquired a new position in eBay in the second quarter valued at about $215,000. Parkside Financial Bank & Trust grew its position in eBay by 9.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock worth $124,000 after acquiring an additional 137 shares during the last quarter. Allworth Financial LP grew its holdings in shares of eBay by 72.0% during the second quarter. Allworth Financial LP now owns 14,451 shares of the e-commerce company’s stock worth $1,076,000 after purchasing an additional 6,049 shares during the last quarter. Finally, Vise Technologies Inc. acquired a new stake in eBay in the 2nd quarter valued at about $4,404,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Mazen Rawashdeh sold 1,920 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total value of $157,248.00. Following the sale, the senior vice president owned 5,746 shares in the company, valued at approximately $470,597.40. This represents a 25.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the transaction, the senior vice president directly owned 91,921 shares in the company, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 44,593 shares of company stock valued at $3,998,870 over the last 90 days. 0.64% of the stock is owned by insiders.

eBay Price Performance

Shares of EBAY opened at $90.86 on Wednesday. The stock has a market capitalization of $40.71 billion, a P/E ratio of 20.89, a P/E/G ratio of 1.94 and a beta of 1.38. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The company has a 50 day moving average of $89.51 and a 200-day moving average of $88.54. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.

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

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a $0.31 dividend. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s payout ratio is 28.51%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on EBAY shares. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a research report on Monday, December 29th. Benchmark boosted their price objective on shares of eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Daiwa Securities Group increased their price objective on eBay from $84.00 to $90.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 target price on shares of eBay in a research note on Thursday, February 19th. Finally, Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Fourteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, eBay currently has a consensus rating of “Hold” and an average target price of $97.97.

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.