New York State Teachers Retirement System Lowers Holdings in eBay Inc. $EBAY

New York State Teachers Retirement System decreased its position in shares of eBay Inc. (NASDAQ:EBAY) by 3.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 377,549 shares of the e-commerce company’s stock after selling 13,939 shares during the quarter. New York State Teachers Retirement System’s holdings in eBay were worth $34,365,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Abound Financial LLC bought a new stake in shares of eBay in the fourth quarter valued at about $26,000. High Point Wealth Management LLC bought a new position in eBay during the 4th quarter worth about $26,000. Jessup Wealth Management Inc bought a new position in eBay during the 4th quarter worth about $27,000. JPL Wealth Management LLC purchased a new position in eBay during the 3rd quarter valued at about $28,000. Finally, JFS Wealth Advisors LLC increased its position in eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock valued at $28,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total value of $94,213.71. Following the transaction, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. The trade was a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the transaction, the senior vice president directly owned 32,124 shares in the company, valued at approximately $3,485,775.24. The trade was a 5.64% decrease in their ownership of the stock. 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. Insiders sold a total of 98,015 shares of company stock worth $10,749,186 over the last three months. Corporate insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on EBAY shares. Cantor Fitzgerald boosted their price target on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Robert W. Baird increased their price objective on shares of eBay from $105.00 to $117.00 in a research note on Thursday, April 30th. The Goldman Sachs Group lifted their price objective on shares of eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Citigroup upped their target price on eBay from $114.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research report on Friday, June 12th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, eBay currently has an average rating of “Hold” and a consensus target price of $108.61.

eBay Stock Performance

Shares of eBay stock opened at $114.84 on Friday. The company has a market capitalization of $50.99 billion, a PE ratio of 26.04, a P/E/G ratio of 2.53 and a beta of 1.37. The company has a 50-day simple moving average of $109.50 and a two-hundred day simple moving average of $97.23. eBay Inc. has a one year low of $75.12 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 released its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.04 billion. During the same period last year, the business earned $1.38 EPS. The company’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts expect that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $0.31 dividend. 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 28.12%.

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.