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

eBay Inc. (NASDAQ:EBAY) SVP Julie Loeger sold 2,896 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $82.44, for a total transaction of $238,746.24. Following the transaction, the senior vice president owned 55,990 shares in the company, valued at approximately $4,615,815.60. This represents a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

eBay Stock Down 3.2%

EBAY traded down $2.77 during trading 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 simple moving average is $86.79 and its two-hundred day simple moving average 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. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15. The stock has a market cap of $37.33 billion, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 2.15 and a beta of 1.35.

eBay (NASDAQ:EBAY) last issued its earnings results 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 company had revenue of $2.82 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, equities research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders 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 payout ratio is currently 25.22%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on EBAY shares. B. Riley raised their price target on shares of eBay from $94.00 to $96.00 and gave the company a “buy” rating in a report on Monday, October 20th. President Capital upgraded eBay from a “neutral” rating to a “buy” rating and raised their target price for the company from $74.00 to $103.00 in a report on Friday, September 19th. The Goldman Sachs Group upped their price target on eBay from $72.00 to $78.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. TD Cowen increased their price objective on eBay from $80.00 to $84.00 and gave the company a “hold” rating in a report on Monday, October 20th. Finally, JMP Securities upgraded eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 target price for the company in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $94.69.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EBAY. Princeton Global Asset Management LLC increased its position in eBay by 433.9% during the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock worth $25,000 after acquiring an additional 269 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in eBay in the 1st quarter worth $26,000. Financial Consulate Inc. bought a new position in shares of eBay during the 3rd quarter worth about $27,000. GFG Capital LLC bought a new position in shares of eBay during the 2nd quarter worth about $28,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of eBay during the third quarter valued at about $28,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Company 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.