Generali Investments CEE investicni spolecnost a.s. acquired a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 76,850 shares of the e-commerce company's stock, valued at approximately $4,761,000.

Several other hedge funds have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC increased its holdings in eBay by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,580 shares of the e-commerce company's stock valued at $3,489,000 after buying an additional 1,063 shares during the last quarter. Kestra Investment Management LLC increased its holdings in eBay by 172.5% in the fourth quarter. Kestra Investment Management LLC now owns 11,175 shares of the e-commerce company's stock valued at $692,000 after buying an additional 7,074 shares during the last quarter. Trustmark National Bank Trust Department purchased a new position in eBay in the third quarter valued at $1,307,000. Prospera Financial Services Inc increased its holdings in eBay by 794.2% in the third quarter. Prospera Financial Services Inc now owns 70,616 shares of the e-commerce company's stock valued at $4,598,000 after buying an additional 62,719 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in eBay by 5,091.9% in the fourth quarter. Van ECK Associates Corp now owns 142,051 shares of the e-commerce company's stock valued at $8,800,000 after buying an additional 139,315 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have issued reports on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $72.00 price objective on shares of eBay in a report on Thursday, February 27th. BMO Capital Markets increased their price objective on eBay from $59.00 to $63.00 and gave the stock a "market perform" rating in a research report on Thursday, February 27th. UBS Group increased their price objective on eBay from $66.00 to $72.00 and gave the stock a "neutral" rating in a research report on Monday, February 24th. JPMorgan Chase & Co. raised their price target on eBay from $58.00 to $60.00 and gave the company a "neutral" rating in a research report on Thursday, February 27th. Finally, Stifel Nicolaus dropped their price target on eBay from $64.00 to $63.00 and set a "hold" rating for the company in a research report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, eBay currently has a consensus rating of "Hold" and an average price target of $65.54.

Read Our Latest Stock Analysis on eBay

In other news, CFO Stephen J. Priest sold 1,033 shares of eBay stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $64.93, for a total value of $67,072.69. Following the transaction, the chief financial officer now directly owns 65,080 shares of the company's stock, valued at $4,225,644.40. The trade was a 1.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Cornelius Boone sold 3,989 shares of eBay stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $65.20, for a total value of $260,082.80. Following the completion of the transaction, the senior vice president now directly owns 71,469 shares in the company, valued at $4,659,778.80. This represents a 5.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,524 shares of company stock valued at $1,390,509 in the last three months. Corporate insiders own 0.38% of the company's stock.

Shares of NASDAQ:EBAY opened at $70.51 on Friday. The stock's 50-day moving average price is $66.60 and its two-hundred day moving average price is $64.13. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. eBay Inc. has a 12-month low of $48.52 and a 12-month high of $71.61. The firm has a market cap of $32.86 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 2.22 and a beta of 1.45.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.29 dividend. This is a positive change from eBay's previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, March 14th. eBay's payout ratio is currently 29.07%.

(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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