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

by · The Cerbat Gem

eBay Inc. (NASDAQ:EBAYGet Free Report) SVP Mazen Rawashdeh sold 1,920 shares of the stock in a transaction dated 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 SEC, which is available through the SEC website.

eBay Trading Up 1.2%

NASDAQ:EBAY traded up $1.00 during mid-day trading on Friday, reaching $84.66. 11,673,024 shares of the company’s stock traded hands, compared to its average volume of 5,555,398. The company has a 50 day moving average price of $86.07 and a 200-day moving average price of $85.95. The firm has a market capitalization of $38.27 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.09 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15.

eBay (NASDAQ:EBAYGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. The business 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%.The business’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. On average, sell-side analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on EBAY. Robert W. Baird lifted their target price on shares of eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Wedbush lifted their price objective on eBay from $90.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Barclays increased their target price on eBay from $92.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Bank of America raised their target price on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, August 25th. Finally, Piper Sandler reduced their price target on eBay from $102.00 to $98.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $94.41.

Check Out Our Latest Stock Analysis on eBay

Hedge Funds Weigh In On eBay

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC increased its holdings in shares of eBay by 0.6% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 50,845 shares of the e-commerce company’s stock worth $3,444,000 after purchasing an additional 296 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of eBay by 40.6% during the first quarter. Brooklyn Investment Group now owns 2,453 shares of the e-commerce company’s stock valued at $166,000 after buying an additional 708 shares during the last quarter. Groupama Asset Managment increased its holdings in eBay by 26.3% in the 1st quarter. Groupama Asset Managment now owns 10,193 shares of the e-commerce company’s stock worth $685,000 after buying an additional 2,124 shares in the last quarter. Erste Asset Management GmbH raised its position in eBay by 11.1% in the 1st quarter. Erste Asset Management GmbH now owns 80,183 shares of the e-commerce company’s stock worth $5,363,000 after buying an additional 8,000 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in eBay by 253.1% in the 1st 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 during the last quarter. 87.48% of the stock is owned by institutional investors.

About eBay

(Get Free Report)

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.

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