eBay Inc. (NASDAQ:EBAY) Shares Purchased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC raised its holdings in eBay Inc. (NASDAQ:EBAY) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,739 shares of the e-commerce company’s stock after buying an additional 1,129 shares during the period. 180 Wealth Advisors LLC’s holdings in eBay were worth $2,648,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Quarry LP purchased a new stake in eBay during the third quarter worth approximately $36,000. USA Financial Formulas acquired a new stake in eBay during the third quarter worth approximately $38,000. Northwest Investment Counselors LLC purchased a new stake in shares of eBay during the 3rd quarter worth approximately $50,000. Versant Capital Management Inc boosted its holdings in shares of eBay by 115.5% in the 4th quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company’s stock valued at $52,000 after buying an additional 448 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its position in shares of eBay by 276.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 846 shares of the e-commerce company’s stock valued at $55,000 after buying an additional 621 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of eBay from $70.00 to $63.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Robert W. Baird dropped their price target on eBay from $70.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Citigroup boosted their price objective on eBay from $68.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Bank of America lowered their target price on shares of eBay from $67.00 to $64.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of eBay from $60.00 to $58.00 and set a “neutral” rating for the company 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 assigned a buy rating to the stock. According to MarketBeat, eBay has an average rating of “Hold” and a consensus price target of $62.96.

eBay Stock Down 0.3 %

EBAY opened at $65.72 on Tuesday. eBay Inc. has a one year low of $40.16 and a one year high of $71.52. The company has a market cap of $31.48 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 2.22 and a beta of 1.35. The business’s fifty day moving average is $63.34 and its two-hundred day moving average is $60.75. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.64%. The ex-dividend date was Friday, November 29th. eBay’s dividend payout ratio (DPR) is presently 27.14%.

Insider Activity

In related news, CFO Stephen J. Priest sold 1,167 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $66.63, for a total value of $77,757.21. Following the completion of the transaction, the chief financial officer now owns 65,079 shares of the company’s stock, valued at approximately $4,336,213.77. The trade was a 1.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $59.91, for a total transaction of $336,993.75. Following the sale, the chief executive officer now owns 548,042 shares of the company’s stock, valued at approximately $32,833,196.22. This trade represents a 1.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,283 shares of company stock worth $1,715,462 over the last ninety days. 0.38% of the stock is currently owned by insiders.

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.