eBay Inc. (NASDAQ:EBAY) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC reduced its stake in shares of eBay Inc. (NASDAQ:EBAYGet Rating) by 36.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,515 shares of the e-commerce company’s stock after selling 15,505 shares during the period. O Shaughnessy Asset Management LLC’s holdings in eBay were worth $1,147,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. D.A. Davidson & CO. lifted its stake in shares of eBay by 18.3% during the first quarter. D.A. Davidson & CO. now owns 33,078 shares of the e-commerce company’s stock worth $1,894,000 after buying an additional 5,119 shares during the period. OLD National Bancorp IN lifted its stake in shares of eBay by 18.7% during the second quarter. OLD National Bancorp IN now owns 6,915 shares of the e-commerce company’s stock worth $288,000 after buying an additional 1,091 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of eBay during the first quarter worth $381,000. Private Advisor Group LLC lifted its stake in shares of eBay by 23.4% during the first quarter. Private Advisor Group LLC now owns 81,883 shares of the e-commerce company’s stock worth $4,689,000 after buying an additional 15,521 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of eBay by 14.0% during the second quarter. Janney Montgomery Scott LLC now owns 39,922 shares of the e-commerce company’s stock worth $1,703,000 after purchasing an additional 4,909 shares during the last quarter. 87.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at eBay

In other news, Director Robert Holmes Swan sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $40.00, for a total transaction of $1,000,000.00. Following the transaction, the director now directly owns 155,248 shares in the company, valued at approximately $6,209,920. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CAO Brian J. Doerger sold 4,311 shares of the company’s stock in a transaction that occurred on Tuesday, November 8th. The stock was sold at an average price of $41.89, for a total value of $180,587.79. Following the transaction, the chief accounting officer now directly owns 9,542 shares in the company, valued at $399,714.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Holmes Swan sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 26th. The shares were sold at an average price of $40.00, for a total value of $1,000,000.00. Following the completion of the transaction, the director now owns 155,248 shares in the company, valued at $6,209,920. The disclosure for this sale can be found here. Insiders have sold a total of 38,853 shares of company stock worth $1,601,581 in the last ninety days. Insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on EBAY shares. Jefferies Financial Group lowered their price target on shares of eBay from $52.00 to $42.00 and set a “hold” rating on the stock in a report on Thursday, October 6th. Barclays reduced their price objective on eBay from $59.00 to $56.00 and set an “overweight” rating for the company in a research note on Thursday, November 3rd. UBS Group lifted their price objective on eBay from $48.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, August 4th. Mizuho reduced their price objective on eBay from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Thursday, August 4th. Finally, Piper Sandler reduced their price objective on eBay from $59.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, November 3rd. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $51.12.

eBay Trading Up 0.2 %

Shares of eBay stock opened at $45.23 on Friday. The stock has a market cap of $24.54 billion, a P/E ratio of -411.18, a P/E/G ratio of 1.82 and a beta of 1.25. The stock’s 50 day simple moving average is $40.26 and its 200-day simple moving average is $43.68. eBay Inc. has a 1-year low of $35.92 and a 1-year high of $73.60. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.33 and a quick ratio of 1.33.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, December 1st will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Wednesday, November 30th. eBay’s dividend payout ratio is currently -800.00%.

eBay Profile

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eBay Inc operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, directories, search engines, commerce participants, shopping channels, and networks.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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