EBAY has been the topic of several analyst reports. Daiwa Capital Markets upgraded eBay from a “neutral” rating to a “buy” rating and set a $70.00 price objective on the stock in a report on Monday, May 12th. Susquehanna lifted their target price on eBay from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, May 5th. Bank of America decreased their target price on eBay from $72.00 to $71.00 and set a “neutral” rating for the company in a research report on Thursday, February 27th. Wedbush reiterated a “neutral” rating and issued a $72.00 target price on shares of eBay in a research report on Wednesday. Finally, Piper Sandler lifted their target price on eBay from $70.00 to $74.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st.

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EBAY stock opened at $77.36 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.14. eBay has a 52-week low of $51.72 and a 52-week high of $79.84. The stock’s 50 day moving average is $70.22 and its two-hundred day moving average is $67.26. The company has a market capitalization of $35.66 billion, a PE ratio of 19.44, a P/E/G ratio of 2.22 and a beta of 1.27.

eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The e-commerce company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.04. eBay had a return on equity of 30.97% and a net margin of 19.68%. The company had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the business earned $1.25 EPS. eBay’s revenue for the quarter was up 1.1% compared to the same quarter last year. Analysts predict that eBay will post 3.86 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Friday, May 30th. eBay’s dividend payout ratio is presently 27.62%.

In other news, CEO Jamie Iannone sold 12,644 shares of the business’s stock in a transaction on Monday, June 9th. The stock was sold at an average price of $79.06, for a total value of $999,634.64. Following the sale, the chief executive officer now owns 325,053 shares of the company’s stock, valued at approximately $25,698,690.18. The trade was a 3.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Julie A. Loeger sold 127,070 shares of the business’s stock in a transaction on Friday, May 9th. The stock was sold at an average price of $69.43, for a total value of $8,822,470.10. Following the completion of the sale, the senior vice president now directly owns 123,282 shares in the company, valued at $8,559,469.26. This represents a 50.76% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 296,279 shares of company stock valued at $20,872,193. Corporate insiders own 0.64% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the stock. Kestra Investment Management LLC raised its position in shares of eBay by 172.5% during the fourth quarter. Kestra Investment Management LLC now owns 11,175 shares of the e-commerce company’s stock worth $692,000 after purchasing an additional 7,074 shares during the period. Van ECK Associates Corp raised its position in shares of eBay by 5,091.9% during the fourth quarter. Van ECK Associates Corp now owns 142,051 shares of the e-commerce company’s stock worth $8,800,000 after purchasing an additional 139,315 shares during the period. Jones Financial Companies Lllp raised its position in shares of eBay by 35.1% during the fourth quarter. Jones Financial Companies Lllp now owns 8,121 shares of the e-commerce company’s stock worth $503,000 after purchasing an additional 2,110 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of eBay during the fourth quarter worth $8,644,000. Finally, TCW Group Inc. raised its position in shares of eBay by 45.8% during the fourth quarter. TCW Group Inc. now owns 53,900 shares of the e-commerce company’s stock worth $3,339,000 after purchasing an additional 16,919 shares during the period. 87.48% of the stock is owned by institutional investors and hedge funds.

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eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.

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