eBay Inc. (NASDAQ:EBAY - Get Free Report) SVP Julie A. Loeger sold 92,895 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $72.06, for a total value of $6,694,013.70. Following the transaction, the senior vice president now directly owns 123,282 shares of the company's stock, valued at approximately $8,883,700.92. The trade was a 42.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of NASDAQ EBAY opened at $71.92 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. The business's 50 day moving average price is $67.15 and its 200-day moving average price is $65.85. eBay Inc. has a fifty-two week low of $51.38 and a fifty-two week high of $72.94. The company has a market cap of $33.16 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 2.22 and a beta of 1.30.

eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The e-commerce company reported $1.38 earnings per share 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 firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the business posted $1.25 earnings per share. The company's revenue for the quarter was up 1.1% on a year-over-year basis. On average, sell-side analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, May 30th. This represents a $1.16 annualized dividend and a yield of 1.61%. eBay's payout ratio is currently 27.62%.

A number of equities analysts recently commented on EBAY shares. BMO Capital Markets increased their price target on eBay from $59.00 to $63.00 and gave the company a "market perform" rating in a research note on Thursday, February 27th. Wall Street Zen raised eBay from a "hold" rating to a "buy" rating in a research note on Saturday, April 26th. Truist Financial increased their price target on eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research note on Thursday, May 1st. Daiwa Capital Markets raised eBay from a "neutral" rating to a "buy" rating and set a $70.00 price objective for the company in a research note on Monday, May 12th. Finally, Benchmark raised their price objective on eBay from $65.00 to $75.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $67.42.

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Several institutional investors have recently bought and sold shares of the company. Kovitz Investment Group Partners LLC increased its holdings in eBay by 0.6% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company's stock worth $1,560,000 after purchasing an additional 143 shares during the period. Smithfield Trust Co increased its holdings in eBay by 3.6% during the 4th quarter. Smithfield Trust Co now owns 4,411 shares of the e-commerce company's stock worth $274,000 after purchasing an additional 153 shares during the period. Rosenberg Matthew Hamilton increased its holdings in eBay by 36.5% during the 1st quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock worth $41,000 after purchasing an additional 160 shares during the period. Capital Investment Advisory Services LLC increased its holdings in eBay by 4.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company's stock worth $285,000 after purchasing an additional 160 shares during the period. Finally, IFP Advisors Inc increased its holdings in eBay by 7.2% during the 4th quarter. IFP Advisors Inc now owns 2,417 shares of the e-commerce company's stock worth $150,000 after purchasing an additional 163 shares during the period. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

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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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