A number of other institutional investors have also recently added to or reduced their stakes in the stock. Rosenberg Matthew Hamilton lifted its position in eBay by 36.5% during the first quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company’s stock worth $41,000 after buying an additional 160 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in eBay by 4.0% in the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company’s stock valued at $285,000 after purchasing an additional 160 shares during the period. Optas LLC raised its position in eBay by 0.5% in the first quarter. Optas LLC now owns 34,160 shares of the e-commerce company’s stock valued at $2,314,000 after purchasing an additional 169 shares during the period. HighPoint Advisor Group LLC raised its position in eBay by 4.6% in the fourth quarter. HighPoint Advisor Group LLC now owns 3,904 shares of the e-commerce company’s stock valued at $267,000 after purchasing an additional 172 shares during the period. Finally, Allworth Financial LP raised its position in eBay by 2.2% in the first quarter. Allworth Financial LP now owns 8,402 shares of the e-commerce company’s stock valued at $565,000 after purchasing an additional 177 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

EBAY has been the topic of a number of research analyst reports. Piper Sandler lifted their target price on eBay from $70.00 to $74.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Needham & Company LLC lifted their target price on eBay from $72.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, May 1st. Citizens Jmp upgraded eBay to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Wedbush restated a “neutral” rating and issued a $72.00 target price on shares of eBay in a research report on Wednesday, June 11th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, eBay currently has a consensus rating of “Hold” and an average price target of $68.12.

Read Our Latest Report on EBAY

eBay stock opened at $77.11 on Friday. eBay Inc. has a fifty-two week low of $53.10 and a fifty-two week high of $79.84. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market capitalization of $35.55 billion, a P/E ratio of 18.36, a PEG ratio of 2.16 and a beta of 1.26. The stock has a 50-day simple moving average of $74.41 and a 200-day simple moving average of $68.95.

eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The e-commerce company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.34 by $0.04. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.55 billion. eBay had a return on equity of 36.60% and a net margin of 19.78%. The firm’s revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.25 EPS. Equities research analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

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

In other eBay news, SVP Julie A. Loeger sold 92,895 shares of the business’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $72.06, for a total transaction of $6,694,013.70. Following the transaction, the senior vice president owned 123,282 shares in the company, valued at approximately $8,883,700.92. The trade was a 42.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Cornelius Boone sold 2,985 shares of the business’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $78.67, for a total value of $234,829.95. Following the transaction, the senior vice president owned 92,053 shares in the company, valued at $7,241,809.51. The trade was a 3.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold 326,183 shares of company stock valued at $23,490,942 in the last quarter. 0.64% of the stock is currently owned by insiders.

(Free Report)

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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