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Vinva Investment Management Ltd Has $20.76 Million Holdings in eBay Inc. $EBAY
Vinva Investment Management Ltd reduced its stake in eBay Inc. by 9.3% in Q3, ending with 227,244 shares valued at $20.76 million. Despite Vinva’s reduction, other major institutional investors increased their positions, and 87.48% of eBay’s stock is institutionally owned. eBay surpassed Q4 earnings estimates, reported strong revenue growth, and raised its quarterly dividend, while analysts maintain a “Hold” rating with an average price target of $97.97.