ABN AMRO Bank N.V. Decreases Stock Holdings in eBay Inc. $EBAY

Key Points

• ABN AMRO Bank N.V. cut its eBay stake by 8.8% in the fourth quarter, selling 19,893 shares and leaving it with 205,982 shares valued at about $17.9 million.
• eBay reported better-than-expected quarterly results, with EPS of $1.66 versus $1.58 expected and revenue of $3.09 billion versus $3.04 billion forecast. Revenue also rose 19.5% year over year.
• The company announced a quarterly dividend of $0.31 per share, payable June 12, and analysts currently rate the stock a consensus Hold with a $105.84 target price.

ABN AMRO Bank N.V. lowered its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,982 shares of the e-commerce company's stock after selling 19,893 shares during the period. ABN AMRO Bank N.V.'s holdings in eBay were worth $17,887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EBAY. First Trust Advisors LP raised its position in 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 worth $755,767,000 after acquiring an additional 1,808,976 shares during the last quarter. Woodline Partners LP acquired a new position in eBay during the third quarter worth about $68,999,000. Arrowstreet Capital Limited Partnership raised its position in eBay by 32.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,891,398 shares of the e-commerce company's stock worth $262,973,000 after acquiring an additional 701,530 shares during the last quarter. Danske Bank A S acquired a new position in eBay during the third quarter worth about $63,098,000. Finally, Jupiter Asset Management Ltd. raised its position in eBay by 236.9% during the third quarter. Jupiter Asset Management Ltd. now owns 893,087 shares of the e-commerce company's stock worth $81,226,000 after acquiring an additional 628,023 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Stock Performance

NASDAQ:EBAY opened at $107.63 on Monday. The firm has a 50 day simple moving average of $95.46 and a 200-day simple moving average of $90.05. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $47.79 billion, a PE ratio of 24.41, a P/E/G ratio of 2.38 and a beta of 1.39. eBay Inc. has a 1-year low of $67.87 and a 1-year high of $111.38.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the previous year, the business posted $1.38 earnings per share. The company's revenue 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, equities analysts expect that eBay Inc. will post 4.86 EPS for the current year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors 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 annualized dividend and a yield of 1.2%. eBay's dividend payout ratio is 28.12%.

Insider Activity at eBay

In related news, SVP Mazen Rawashdeh sold 23,167 shares of the company's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53. Following the completion of the transaction, the senior vice president owned 28,915 shares of the company's stock, valued at approximately $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jamie Iannone sold 21,000 shares of the company's stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $97.37, for a total transaction of $2,044,770.00. Following the transaction, the chief executive officer directly owned 352,653 shares of the company's stock, valued at $34,337,822.61. This trade represents a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 86,952 shares of company stock worth $8,251,267. 0.64% of the stock is currently owned by company insiders.

Key eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay is benefiting from takeover speculation after GameStop CEO Ryan Cohen launched a $55.5 billion bid for the company, creating a potential premium narrative for shareholders. Ryan Cohen, GameStop’s rebel CEO
• Positive Sentiment: The deal-related attention has sparked heavy investor and media focus on eBay, which can support shares through increased momentum trading and speculation. GameStop-eBay saga gets weirder
• Neutral Sentiment: Several articles framed the move as more theatrical than practical, with critics questioning financing, strategy, and execution; this keeps the long-term impact on eBay uncertain. EBay permanently bans GameStop CEO Ryan Cohen
• Neutral Sentiment: One Yahoo Finance piece simply highlighted eBay’s long-term stock performance, which is informative but not a direct catalyst for today’s move. If You Invested $1000 in eBay a Decade Ago
• Negative Sentiment: The takeover storyline also raises uncertainty and reputational friction, including eBay’s suspension of Cohen’s account and public sparring that could unsettle investors if the situation escalates. GameStop CEO Ryan Cohen banned from eBay after takeover bid stunt

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on EBAY shares. Piper Sandler restated an "overweight" rating and set a $115.00 target price (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Bank of America lifted their target price on shares of eBay from $102.00 to $110.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 21st. BNP Paribas Exane boosted their price objective on shares of eBay from $97.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, May 5th. UBS Group boosted their price objective on shares of eBay from $96.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, April 28th. Finally, Rothschild & Co Redburn boosted their price objective on shares of eBay from $90.00 to $100.00 and gave the company a "neutral" rating in a research report on Tuesday, February 24th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $105.84.

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.

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