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

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

eBay Stock Performance

Shares of EBAY traded down $2.77 on Monday, reaching $82.59. 7,246,205 shares of the stock traded hands, compared to its average volume of 5,542,510. The stock’s 50-day moving average price is $86.79 and its 200-day moving average price is $85.85. 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 firm has a market cap of $37.33 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 2.15 and a beta of 1.35. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15.

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

eBay Dividend Announcement

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

Hedge Funds Weigh In On eBay

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Procyon Advisors LLC grew its position in shares of eBay by 100.7% in the 2nd quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock valued at $2,293,000 after purchasing an additional 15,449 shares during the period. Verdence Capital Advisors LLC lifted its stake in eBay by 71.2% in the second quarter. Verdence Capital Advisors LLC now owns 17,447 shares of the e-commerce company’s stock valued at $1,299,000 after buying an additional 7,256 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of eBay by 2.0% in the second quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock valued at $12,736,000 after buying an additional 3,374 shares during the period. Savant Capital LLC increased its position in shares of eBay by 19.4% during the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after acquiring an additional 3,933 shares in the last quarter. Finally, denkapparat Operations GmbH increased its position in shares of eBay by 112.9% during the second quarter. denkapparat Operations GmbH now owns 8,876 shares of the e-commerce company’s stock worth $661,000 after acquiring an additional 4,706 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of eBay from $96.00 to $100.00 in a research note on Thursday, October 30th. Mizuho began coverage on eBay in a research report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price for the company. Cowen reaffirmed a “hold” rating on shares of eBay in a research note on Monday, October 20th. BNP Paribas initiated coverage on eBay in a research note on Monday, November 24th. They set a “hold” rating for the company. Finally, BNP Paribas Exane initiated coverage on eBay in a report on Monday, November 24th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target 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.