Swedbank AB Decreases Stock Position in eBay Inc. $EBAY

Key Points

• Swedbank AB trimmed its eBay stake by 0.8% in Q4, selling 13,026 shares and leaving it with 1,576,795 shares worth about $137.34 million.
• Insiders sold material stock recently — including SVPs Cornelius Boone and Mazen Rawashdeh — with insiders disposing of 86,952 shares (~$8.25 million) over the last three months; corporate insiders now own 0.64% of eBay.
• eBay beat Q1 expectations (EPS $1.66 vs. $1.58; revenue $3.09B, +19.5% YoY), set Q2 guidance of $1.09–$1.14, and declared a $0.31 quarterly dividend, while analysts' consensus remains a "Hold" with an average price target of $105.84.

Swedbank AB lessened its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,576,795 shares of the e-commerce company's stock after selling 13,026 shares during the period. Swedbank AB owned 0.35% of eBay worth $137,339,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in 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 holdings 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 worth $755,767,000 after acquiring an additional 1,808,976 shares in the last quarter. Legal & General Group Plc boosted 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 acquiring an additional 141,057 shares during the last quarter. Impax Asset Management Group plc boosted 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 acquiring an additional 321,732 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in shares of eBay by 4.0% in the fourth 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 purchasing an additional 113,553 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Insiders Place Their Bets

In related news, SVP Cornelius Boone sold 16,685 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 $1,542,361.40. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mazen Rawashdeh sold 23,167 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total value of $2,168,199.53. Following the sale, the senior vice president directly owned 28,915 shares of the company's stock, valued at $2,706,154.85. This represents a 44.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 86,952 shares of company stock worth $8,251,267 over the last three months. 0.64% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Evercore set a $96.00 price target on shares of eBay in a research report on Thursday, April 30th. Cantor Fitzgerald lifted their price objective on shares of eBay from $100.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. Morgan Stanley boosted their target price on shares of eBay to $117.00 and gave the stock an "overweight" rating in a report on Tuesday, April 28th. Wall Street Zen upgraded shares of eBay from a "hold" rating to a "buy" rating in a research report on Sunday, April 26th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $122.00 price target on shares of eBay in a report on Thursday, April 30th. Fourteen 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, the stock currently has an average rating of "Hold" and a consensus price target of $105.84.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Market reaction and momentum: eBay rallied on the takeover news and related speculative trading, drawing above‑average volume and large options flows that are amplifying short‑term upside and liquidity. eBay Stock Pops on GameStop Takeover Offer
• Positive Sentiment: Strategic partnership wins: Hertz launched a dedicated showroom on eBay, adding potentially thousands of higher‑ticket auto listings and expanding GMV in the automotive vertical. This supports secular growth independent of the takeover noise. Hertz Teams With eBay to Drive More Digital Auto Sales
• Positive Sentiment: Product trust expansion: eBay rolled out an Authenticity Guarantee for trading cards in the UK (high‑value category), which can raise conversion and average sale prices in collectibles. eBay Launches Authenticity Guarantee for Trading Cards
• Positive Sentiment: Analyst note: BNP Paribas Exane raised its price target to $110 (neutral rating), showing some buy‑side support for the stock’s upside alongside the takeover chatter. BNP Paribas Adjusts eBay Price Target
• Neutral Sentiment: PR/viral attention from Cohen: Ryan Cohen is listing personal items on eBay to publicize/support the bid — a viral marketing moment that raises awareness but adds little clarity on deal mechanics. Ryan Cohen Is Selling Stuff On eBay To Pay For eBay Deal
• Neutral Sentiment: Options and volatility: Elevated options volume and speculative trading are creating momentum but also greater intraday volatility — good for traders, riskier for long‑term fundamental valuation. GameStop's eBay Play Draws Options Trader Frenzy
• Negative Sentiment: Financing and execution doubts: Analysts and prediction markets question how GameStop would fund a ~$56B deal; investors (including some large holders) have expressed skepticism, increasing the odds the approach fails or becomes contentious. That uncertainty is a two‑edged sword for EBAY’s valuation. GameStop's $56 Billion Pursuit Stirs Doubts
• Negative Sentiment: C-suite optics and governance risk: Cohen’s evasive interview and high‑profile investor pullbacks (e.g., Michael Burry exiting GameStop exposure) have fueled concerns about management credibility and a potentially disruptive proxy fight or hostile approach. GameStop’s CEO Ryan Cohen Baffles Fans With eBay Bid
• Negative Sentiment: Workforce uncertainty: Cohen publicly questioned eBay’s ~11,500 headcount, flagging potential layoffs that could lower costs if executed but also create execution and reputation risks. eBay Layoffs Looming? Ryan Cohen Says 11,500 Headcount Doesn't Make Sense

eBay Stock Up 2.7%

NASDAQ EBAY opened at $108.15 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 52 week low of $67.87 and a 52 week high of $111.38. The firm has a market capitalization of $48.02 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 2.32 and a beta of 1.39. The company has a fifty day moving average of $95.04 and a two-hundred day moving average of $89.95.

eBay (NASDAQ:EBAY - Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business's revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, analysts predict that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a $0.31 dividend. 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 presently 28.12%.

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.

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