eBay (NASDAQ:EBAY) SVP Sells $157,248.00 in Stock

eBay Inc. (NASDAQ:EBAY) SVP Mazen Rawashdeh sold 1,920 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the sale, the senior vice president owned 5,746 shares of the company’s stock, valued at approximately $470,597.40. This represents a 25.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

eBay Price Performance

eBay stock opened at $84.66 on Monday. The firm has a fifty day moving average of $85.99 and a 200-day moving average of $86.15. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $38.27 billion, a P/E ratio of 18.40, a PEG ratio of 2.13 and a beta of 1.35.

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

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.4%. eBay’s payout ratio is 25.22%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EBAY. Cowen reissued a “hold” rating on shares of eBay in a research report on Monday, October 20th. B. Riley lifted their price target on shares of eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. The Goldman Sachs Group upped their price objective on shares of eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research report on Thursday, October 30th. Benchmark raised their target price on eBay from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Cantor Fitzgerald boosted their price target on eBay from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. One investment 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 given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $94.41.

Institutional Investors Weigh In On eBay

A number of institutional investors have recently modified their holdings of the stock. Independent Franchise Partners LLP increased its holdings in eBay by 4.6% in the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after buying an additional 510,629 shares during the last quarter. Nordea Investment Management AB grew its position in shares of eBay by 5.6% in the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock worth $674,061,000 after acquiring an additional 478,410 shares in the last quarter. Invesco Ltd. grew its position in shares of eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock worth $638,983,000 after acquiring an additional 140,160 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of eBay by 27.8% in the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after acquiring an additional 1,808,976 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after acquiring an additional 322,910 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.