Genus Capital Management Inc. Decreases Stock Position in eBay Inc. $EBAY

Genus Capital Management Inc. lowered its stake in eBay Inc. (NASDAQ:EBAY) by 92.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,300 shares of the e-commerce company’s stock after selling 54,442 shares during the quarter. Genus Capital Management Inc.’s holdings in eBay were worth $375,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of eBay by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after buying an additional 468,833 shares in the last quarter. First Trust Advisors LP raised its position in shares of eBay by 27.8% during the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after buying an additional 1,808,976 shares in the last quarter. Legal & General Group Plc raised its position in shares of eBay by 2.8% during the 3rd quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock valued at $478,687,000 after buying an additional 141,057 shares in the last quarter. Impax Asset Management Group plc raised its position in shares of eBay by 11.4% during the 4th quarter. Impax Asset Management Group plc now owns 3,134,733 shares of the e-commerce company’s stock valued at $273,035,000 after buying an additional 321,732 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of eBay by 4.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after buying an additional 113,553 shares in the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

eBay Stock Performance

Shares of NASDAQ:EBAY opened at $115.75 on Tuesday. The firm has a market cap of $51.39 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 2.57 and a beta of 1.39. The firm’s 50 day simple moving average is $101.06 and its 200-day simple moving average is $91.88. eBay Inc. has a one year low of $71.53 and a one year high of $119.31. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.

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

eBay Announces Dividend

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

Insider Activity at eBay

In other news, SVP Cornelius Boone sold 16,685 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 94,479 shares of the company’s stock, valued at approximately $8,733,638.76. This trade represents a 15.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total transaction of $1,199,686.32. Following the transaction, the senior vice president directly owned 42,948 shares in the company, valued at approximately $3,970,113.12. This trade represents a 23.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 86,953 shares of company stock valued at $8,287,444. 0.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of recent analyst reports. Sanford C. Bernstein increased their price objective on shares of eBay from $95.00 to $100.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. increased their price objective on shares of eBay from $87.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Susquehanna increased their price objective on shares of eBay from $95.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Jefferies Financial Group increased their price objective on shares of eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. Finally, Barclays increased their price objective on shares of eBay from $104.00 to $114.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $107.90.

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.