eBay (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam Sells 865 Shares of Stock

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 865 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $82.67, for a total value of $71,509.55. Following the completion of the transaction, the senior vice president owned 4,733 shares of the company’s stock, valued at $391,277.11. This trade represents a 15.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Jordan Douglas Bradle Sweetnam also recently made the following trade(s):

• On Tuesday, November 18th, Jordan Douglas Bradle Sweetnam sold 1,006 shares of eBay stock. The stock was sold at an average price of $82.04, for a total value of $82,532.24.
• On Tuesday, November 4th, Jordan Douglas Bradle Sweetnam sold 35,305 shares of eBay stock. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70.

eBay Trading Up 1.2%

Shares of NASDAQ:EBAY opened at $84.66 on Friday. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The stock has a market cap of $38.27 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.11 and a beta of 1.35. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average price of $85.99 and a 200-day moving average price of $86.02.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.94% and a net margin of 20.37%.The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the prior year, the firm earned $1.19 earnings per share. eBay’s revenue for the quarter was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Equities analysts predict that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Morgan Stanley upped their price target on shares of eBay from $89.00 to $102.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Wells Fargo & Company boosted their price objective on eBay from $89.00 to $96.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. Stifel Nicolaus dropped their target price on eBay from $89.00 to $88.00 in a report on Thursday, October 30th. Citigroup reiterated a “market outperform” rating on shares of eBay in a research report on Thursday, October 30th. Finally, TD Cowen upped their price objective on eBay from $80.00 to $84.00 and gave the stock a “hold” rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $94.41.

Hedge Funds Weigh In On eBay

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

About eBay

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.