Jones Kertz & Associates Inc. purchased a new position in shares of eBay Inc. (NASDAQ:EBAY – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,215 shares of the e-commerce company’s stock, valued at approximately $716,000.
Several other hedge funds have also recently modified their holdings of EBAY. Financial Consulate Inc. purchased a new position in eBay during the third quarter worth about $27,000. Steigerwald Gordon & Koch Inc. purchased a new position in eBay during the third quarter worth about $28,000. Beacon Financial Strategies CORP purchased a new position in eBay during the fourth quarter worth about $28,000. JFS Wealth Advisors LLC raised its holdings in eBay by 57.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after purchasing an additional 116 shares in the last quarter. Finally, JPL Wealth Management LLC purchased a new position in eBay during the third quarter worth about $28,000. 87.48% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
EBAY has been the subject of several analyst reports. President Capital increased their price target on shares of eBay from $94.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Rothschild & Co Redburn upped their price objective on eBay from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Wall Street Zen lowered eBay from a “buy” rating to a “hold” rating in a report on Saturday. Wells Fargo & Company dropped their price objective on eBay from $101.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Finally, Benchmark upped their price objective on eBay from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $98.38.
Insiders Place Their Bets
In other eBay news, SVP Mazen Rawashdeh sold 23,167 shares of eBay stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $93.59, for a total value of $2,168,199.53. Following the completion of the sale, the senior vice president owned 28,915 shares in the company, valued at $2,706,154.85. The trade was a 44.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the sale, the chief executive officer owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This trade represents a 5.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 120,393 shares of company stock valued at $11,327,504. Insiders own 0.64% of the company’s stock.
eBay Price Performance
Shares of NASDAQ:EBAY opened at $107.13 on Tuesday. The business’s fifty day moving average price is $91.04 and its two-hundred day moving average price is $89.08. The stock has a market cap of $47.99 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.19 and a beta of 1.34. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10. eBay Inc. has a one year low of $64.68 and a one year high of $107.23.
eBay (NASDAQ:EBAY – Get Free Report) last announced its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.eBay’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. On average, analysts forecast that eBay Inc. will post 4.83 EPS for the current fiscal year.
eBay Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were issued a $0.31 dividend. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date was Friday, March 6th. This represents a $1.24 annualized dividend and a yield of 1.2%. eBay’s payout ratio is presently 28.51%.
eBay Company Profile
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.
See Also
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