eBay (NASDAQ:EBAY) SVP Sells $71,509.55 in Stock

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 865 shares of eBay stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $82.67, for a total transaction of $71,509.55. Following the sale, the senior vice president owned 4,733 shares of the company’s stock, valued at approximately $391,277.11. The trade was a 15.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Jordan Douglas Bradle Sweetnam also recently made the following trade(s):

• On Tuesday, November 18th, Jordan Douglas Bradle Sweetnam sold 1,006 shares of eBay stock. The stock was sold at an average price of $82.04, for a total transaction of $82,532.24.
• On Tuesday, November 4th, Jordan Douglas Bradle Sweetnam sold 35,305 shares of eBay stock. The stock was sold at an average price of $81.54, for a total transaction of $2,878,769.70.

eBay Price Performance

NASDAQ:EBAY opened at $84.66 on Monday. 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 quick ratio of 0.92 and a current ratio of 0.92. The firm has a market cap of $38.27 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.13 and a beta of 1.35. The firm’s fifty day moving average is $85.99 and its two-hundred day moving average is $86.15.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. eBay had a return on equity of 41.94% and a net margin of 20.37%.The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the business 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. Research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

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

Institutional Trading of eBay

A number of institutional investors and hedge funds have recently modified their holdings of EBAY. ABN AMRO Bank N.V. acquired a new stake in eBay during the 2nd quarter worth $235,149,000. Arrowstreet Capital Limited Partnership raised its position in shares of eBay by 1,007.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after buying an additional 1,992,116 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of eBay by 253.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company’s stock worth $187,191,000 after buying an additional 1,981,011 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of eBay by 27.8% in the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock worth $755,767,000 after buying an additional 1,808,976 shares in the last quarter. Finally, M&G PLC boosted its position in eBay by 88.8% during the second quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock worth $206,142,000 after acquiring an additional 1,310,373 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. BNP Paribas began coverage on shares of eBay in a report on Monday, November 24th. They set a “hold” rating for the company. TD Cowen lifted their price objective on shares of eBay from $80.00 to $84.00 and gave the company a “hold” rating in a report on Monday, October 20th. Morgan Stanley upped their price objective on shares of eBay from $89.00 to $102.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Citigroup reissued a “market outperform” rating on shares of eBay in a research note on Thursday, October 30th. Finally, Truist Financial lifted their price target on eBay from $86.00 to $92.00 and gave the company a “hold” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $94.41.

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.