Corient Private Wealth LLC Boosts Stock Holdings in eBay Inc. $EBAY

Corient Private Wealth LLC boosted its position in shares of eBay Inc. (NASDAQ:EBAY) by 33.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 193,913 shares of the e-commerce company’s stock after buying an additional 48,601 shares during the period. Corient Private Wealth LLC’s holdings in eBay were worth $16,890,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after acquiring an additional 468,833 shares during the last quarter. Invesco Ltd. raised its stake in eBay by 8.3% in the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after purchasing an additional 692,805 shares during the last quarter. First Trust Advisors LP raised its stake in eBay by 27.8% in 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 purchasing an additional 1,808,976 shares during the last quarter. Independent Franchise Partners LLP lifted its holdings in eBay by 5.2% in the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after purchasing an additional 384,570 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in eBay by 2.8% in 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 purchasing an additional 141,057 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Jefferies Financial Group lifted their target price on shares of eBay from $60.00 to $65.00 in a research note on Thursday, April 30th. TD Cowen raised their price target on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Bank of America raised their price target on shares of eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. UBS Group upped their price objective on shares of eBay from $96.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Finally, Sanford C. Bernstein upped their price objective on shares of eBay from $95.00 to $100.00 and gave the company a “market perform” rating in a research note on Wednesday, May 20th. Thirteen investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $107.84.

eBay Stock Up 3.8%

Shares of NASDAQ:EBAY opened at $108.97 on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The business has a fifty day moving average of $108.19 and a two-hundred day moving average of $95.77. The stock has a market cap of $48.38 billion, a P/E ratio of 24.71, a PEG ratio of 2.30 and a beta of 1.39. eBay Inc. has a 52-week low of $72.84 and a 52-week high of $119.31.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same period last year, the company earned $1.38 EPS. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, research analysts expect that eBay Inc. will post 4.91 earnings per share for the current year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio (DPR) is presently 28.12%.

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $109.59, for a total value of $1,217,544.90. Following the transaction, the chief executive officer directly owned 280,204 shares in the company, valued at $30,707,556.36. The trade was a 3.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the sale, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This trade represents a 2.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 98,015 shares of company stock worth $10,749,186. Insiders own 0.67% of the company’s stock.

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.