Jordan Douglas Bradle Sweetnam Sells 35,305 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total value of $2,878,769.70. Following the completion of the transaction, the senior vice president owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. The trade was a 92.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $83.80 on Friday. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The company has a market cap of $37.88 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The company’s 50 day moving average is $90.74 and its 200 day moving average is $83.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating 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 net margin of 20.37% and a return on equity of 41.45%. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, sell-side analysts forecast that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Wealth LLC grew its stake in eBay by 1.7% in the 3rd quarter. NewEdge Wealth LLC now owns 621,134 shares of the e-commerce company’s stock valued at $56,492,000 after acquiring an additional 10,287 shares during the period. Alberta Investment Management Corp purchased a new position in eBay during the third quarter valued at $5,202,000. Syon Capital LLC grew its position in shares of eBay by 21.6% in the third quarter. Syon Capital LLC now owns 10,653 shares of the e-commerce company’s stock valued at $969,000 after purchasing an additional 1,893 shares during the period. Axxcess Wealth Management LLC grew its position in shares of eBay by 3.8% in the third quarter. Axxcess Wealth Management LLC now owns 5,129 shares of the e-commerce company’s stock valued at $466,000 after purchasing an additional 190 shares during the period. Finally, Crestwood Advisors Group LLC increased its stake in shares of eBay by 13.3% during the third quarter. Crestwood Advisors Group LLC now owns 3,508 shares of the e-commerce company’s stock worth $319,000 after purchasing an additional 411 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EBAY. BMO Capital Markets boosted their price objective on eBay from $102.00 to $107.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Benchmark lifted their price target on eBay from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Mizuho started coverage on eBay in a report on Monday, September 29th. They issued a “neutral” rating and a $98.00 price target for the company. B. Riley raised their price objective on shares of eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Finally, President Capital upgraded shares of eBay from a “neutral” rating to a “buy” rating and boosted their target price for the company from $74.00 to $103.00 in a research note on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, eBay has an average rating of “Hold” and an average price target of $94.52.

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.