Anchor Capital Advisors LLC reduced its holdings in eBay Inc (NASDAQ:EBAY) by 0.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 276,417 shares of the e-commerce company’s stock after selling 2,472 shares during the quarter. Anchor Capital Advisors LLC’s holdings in eBay were worth $7,759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clean Yield Group acquired a new position in eBay in the 4th quarter valued at approximately $28,000. Financial Gravity Companies Inc. acquired a new position in eBay in the 4th quarter valued at approximately $42,000. Benjamin F. Edwards & Company Inc. increased its position in eBay by 22.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,349 shares of the e-commerce company’s stock valued at $66,000 after acquiring an additional 427 shares during the period. NEXT Financial Group Inc acquired a new position in eBay in the 3rd quarter valued at approximately $130,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in shares of eBay during the third quarter worth $144,000. Hedge funds and other institutional investors own 83.27% of the company’s stock.

In other eBay news, VP Brian J. Doerger sold 3,526 shares of the firm’s stock in a transaction on Tuesday, November 20th. The shares were sold at an average price of $28.21, for a total value of $99,468.46. Following the transaction, the vice president now directly owns 37,664 shares of the company’s stock, valued at $1,062,501.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Pierre M. Omidyar sold 36,000 shares of the firm’s stock in a transaction on Monday, November 26th. The shares were sold at an average price of $28.82, for a total transaction of $1,037,520.00. Following the completion of the transaction, the director now directly owns 45,364,858 shares in the company, valued at $1,307,415,207.56. The disclosure for this sale can be found here. Insiders sold 101,646 shares of company stock worth $2,992,510 over the last ninety days. Insiders own 6.22% of the company’s stock.

Several equities research analysts have recently weighed in on the stock. BidaskClub upgraded shares of eBay from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 29th. Credit Suisse Group decreased their price objective on shares of eBay from $52.00 to $42.00 and set an “outperform” rating for the company in a research report on Monday, January 28th. Citigroup reiterated a “buy” rating and set a $42.00 price objective (up from $41.00) on shares of eBay in a research report on Wednesday, January 30th. Benchmark reiterated a “buy” rating and set a $42.00 price objective (up from $41.00) on shares of eBay in a research report on Wednesday, January 30th. Finally, TheStreet upgraded shares of eBay from a “c+” rating to a “b-” rating in a research report on Wednesday, January 30th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.13.

eBay stock opened at $35.26 on Friday. eBay Inc has a 1-year low of $26.01 and a 1-year high of $44.36. The firm has a market capitalization of $32.26 billion, a price-to-earnings ratio of 15.20, a price-to-earnings-growth ratio of 1.67 and a beta of 1.36. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.60 and a current ratio of 1.60.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Tuesday, January 29th. The e-commerce company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. eBay had a net margin of 23.54% and a return on equity of 27.40%. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.86 billion. Equities research analysts predict that eBay Inc will post 2.15 EPS for the current year.

The firm also recently disclosed a Not Available dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Friday, March 1st will be paid a $0.14 dividend. The ex-dividend date is Thursday, February 28th.

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eBay Company Profile

eBay Inc operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and online ticket platform that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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