White Pine Capital LLC Has $572,000 Holdings in eBay Inc. (NASDAQ:EBAY)

White Pine Capital LLC increased its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,232 shares of the e-commerce company’s stock after acquiring an additional 401 shares during the quarter. White Pine Capital LLC’s holdings in eBay were worth $572,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Golden State Wealth Management LLC bought a new position in shares of eBay during the fourth quarter worth approximately $27,000. Quarry LP bought a new position in eBay during the 3rd quarter worth $36,000. New Wave Wealth Advisors LLC bought a new position in eBay during the 4th quarter worth $36,000. Northwest Investment Counselors LLC bought a new stake in shares of eBay during the 3rd quarter valued at $50,000. Finally, Versant Capital Management Inc lifted its position in shares of eBay by 115.5% during the 4th quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company’s stock valued at $52,000 after acquiring an additional 448 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Price Performance

eBay stock opened at $69.26 on Friday. The stock’s 50 day moving average is $65.06 and its 200 day moving average is $62.68. eBay Inc. has a one year low of $40.83 and a one year high of $71.52. The firm has a market cap of $33.18 billion, a P/E ratio of 17.40, a P/E/G ratio of 2.15 and a beta of 1.35. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25.

Wall Street Analyst Weigh In

EBAY has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $72.00 price objective on shares of eBay in a research report on Thursday, October 31st. Stifel Nicolaus upped their price target on shares of eBay from $56.00 to $64.00 and gave the stock a “hold” rating in a report on Monday, October 28th. UBS Group decreased their price objective on shares of eBay from $72.00 to $66.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. TD Cowen upped their target price on eBay from $45.00 to $54.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on eBay from $70.00 to $63.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $62.92.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $67.25, for a total value of $378,281.25. Following the transaction, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at $35,709,615.50. The trade was a 1.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Stephen J. Priest sold 5,252 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $63.63, for a total value of $334,184.76. Following the sale, the chief financial officer now directly owns 65,080 shares of the company’s stock, valued at $4,141,040.40. This represents a 7.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,149 shares of company stock worth $1,746,065. 0.38% of the stock is currently owned by insiders.

eBay Profile

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.