Jupiter Asset Management Ltd. Reduces Position in eBay Inc. $EBAY

Key Points

• Jupiter Asset Management cut its eBay stake by 44.7% in the fourth quarter, selling 399,173 shares and leaving it with 493,914 shares valued at about $43 million.
• eBay recently posted better-than-expected quarterly results, with EPS of $1.66 topping estimates and revenue rising 19.5% year over year to $3.09 billion.
• Despite the strong earnings and share price gains, Wall Street remains cautious: analysts still have a consensus “Hold” rating, while insiders have also been selling shares.

Jupiter Asset Management Ltd. decreased its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 44.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 493,914 shares of the e-commerce company's stock after selling 399,173 shares during the period. Jupiter Asset Management Ltd. owned approximately 0.11% of eBay worth $43,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in EBAY. Quotient Wealth Partners LLC increased its stake in shares of eBay by 4.5% in the fourth quarter. Quotient Wealth Partners LLC now owns 2,558 shares of the e-commerce company's stock worth $223,000 after acquiring an additional 110 shares during the period. Childress Capital Advisors LLC increased its position in shares of eBay by 3.2% in the fourth quarter. Childress Capital Advisors LLC now owns 3,685 shares of the e-commerce company's stock valued at $321,000 after buying an additional 114 shares in the last quarter. JFS Wealth Advisors LLC raised its position in eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company's stock worth $28,000 after acquiring an additional 116 shares during the period. Freestone Capital Holdings LLC lifted its holdings in eBay by 3.0% during the fourth quarter. Freestone Capital Holdings LLC now owns 4,613 shares of the e-commerce company's stock valued at $402,000 after purchasing an additional 135 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its position in shares of eBay by 2.1% in the fourth quarter. Valeo Financial Advisors LLC now owns 6,799 shares of the e-commerce company's stock valued at $592,000 after purchasing an additional 141 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

More eBay News

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Takeover chatter remains the biggest potential catalyst. After eBay rejected GameStop CEO Ryan Cohen’s $56 billion unsolicited bid, reports say Cohen may still pursue other options, keeping a possible acquisition premium in the stock. Reuters article on Cohen's next move after eBay rejected takeover bid
• Positive Sentiment: Recent earnings were strong, with eBay posting a profit and revenue beat, plus 19.5% year-over-year revenue growth. That reinforces the view that the company’s capital-light model and margin profile remain attractive to investors. Read More.
• Neutral Sentiment: Wall Street’s stance is still mixed, with brokerages generally rating eBay a “Hold.” That suggests the stock may need a stronger catalyst to keep moving materially higher. Consensus rating of Hold by brokerages
• Neutral Sentiment: A new comparison article frames eBay as a steadier, capital-light e-commerce name versus Amazon, highlighting its durable business model but also its more limited growth profile. Motley Fool comparison of Amazon vs. eBay
• Negative Sentiment: Insider selling may be weighing on sentiment: SVP Mazen Rawashdeh sold 50,000 shares in a pre-arranged plan, which can still make investors more cautious even if it was not a fundamental warning sign. SEC Form 4 filing
• Negative Sentiment: Analyst tone is not fully bullish, with some recent price-target moves implying limited upside from current levels despite the stock’s strong run. Arete price target update

eBay Trading Up 1.6%

Shares of eBay stock opened at $112.13 on Friday. 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 stock's 50 day simple moving average is $102.29 and its 200-day simple moving average is $92.53. The stock has a market cap of $49.79 billion, a P/E ratio of 25.43, a P/E/G ratio of 2.45 and a beta of 1.39. eBay Inc. has a 1-year low of $72.12 and a 1-year high of $119.31.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share 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 company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. The firm's revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts predict that eBay Inc. will post 4.83 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid 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 1.1%. eBay's dividend payout ratio (DPR) is 28.12%.

Insiders Place Their Bets

In related news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president owned 29,217 shares of the company's stock, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the firm's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,199,686.32. Following the transaction, the senior vice president owned 42,948 shares of the company's stock, valued at approximately $3,970,113.12. This represents a 23.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 136,953 shares of company stock worth $14,139,444. Company insiders own 0.64% of the company's stock.

Analyst Ratings Changes

EBAY has been the subject of a number of research reports. Robert W. Baird boosted their target price on shares of eBay from $105.00 to $117.00 in a research note on Thursday, April 30th. BNP Paribas Exane lifted their price objective on eBay from $97.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. UBS Group increased their target price on eBay from $96.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, April 28th. Citizens Jmp raised their target price on eBay from $115.00 to $120.00 and gave the company a "market outperform" rating in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their price target on eBay from $87.00 to $100.00 and gave the stock a "neutral" 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 given a Sell rating to the company's stock. According to MarketBeat, eBay currently has a consensus rating of "Hold" and a consensus price target of $107.84.

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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