Julie Loeger Sells 2,896 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) SVP Julie Loeger sold 2,896 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $82.44, for a total value of $238,746.24. Following the sale, the senior vice president owned 55,990 shares in the company, valued at approximately $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

eBay Stock Down 1.1%

Shares of EBAY stock opened at $81.67 on Wednesday. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a fifty day moving average price of $86.38 and a 200 day moving average price of $85.98. The stock has a market cap of $36.91 billion, a P/E ratio of 17.75, a price-to-earnings-growth ratio of 2.08 and a beta of 1.35.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.94%. The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were paid a dividend of $0.29 per share. The ex-dividend date was Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. eBay’s dividend payout ratio (DPR) is currently 25.22%.

Institutional Investors Weigh In On eBay

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EBAY. Public Sector Pension Investment Board increased its holdings in shares of eBay by 11.1% in the first quarter. Public Sector Pension Investment Board now owns 64,984 shares of the e-commerce company’s stock valued at $4,401,000 after purchasing an additional 6,505 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its position in eBay by 0.6% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock valued at $1,560,000 after buying an additional 143 shares during the last quarter. Aberdeen Group plc increased its stake in shares of eBay by 77.7% in the 1st quarter. Aberdeen Group plc now owns 433,015 shares of the e-commerce company’s stock valued at $29,014,000 after buying an additional 189,332 shares during the period. American Century Companies Inc. raised its position in shares of eBay by 54.1% during the first quarter. American Century Companies Inc. now owns 873,577 shares of the e-commerce company’s stock worth $59,167,000 after acquiring an additional 306,519 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of eBay by 0.5% during the first quarter. Raymond James Financial Inc. now owns 1,560,525 shares of the e-commerce company’s stock worth $105,694,000 after acquiring an additional 7,427 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EBAY. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a report on Monday. Truist Financial increased their price objective on eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a research note on Monday, November 3rd. Barclays boosted their target price on shares of eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Wells Fargo & Company increased their target price on shares of eBay from $89.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of eBay from $96.00 to $100.00 in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, eBay currently has a consensus rating of “Hold” and a consensus target price of $94.69.

About eBay

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.