eBay Inc. $EBAY Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its position in shares of eBay Inc. (NASDAQ:EBAY) by 4.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 286,012 shares of the e-commerce company’s stock after selling 13,135 shares during the quarter. Nisa Investment Advisors LLC’s holdings in eBay were worth $26,013,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EBAY. ABN AMRO Bank N.V. purchased a new stake in eBay in the 2nd quarter worth approximately $235,149,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of eBay by 1,007.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock worth $163,058,000 after purchasing an additional 1,992,116 shares during the last quarter. M&G PLC grew its holdings in eBay by 88.8% in the 2nd quarter. M&G PLC now owns 2,785,699 shares of the e-commerce company’s stock valued at $206,142,000 after buying an additional 1,310,373 shares during the period. Valeo Financial Advisors LLC grew its holdings in eBay by 19,822.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company’s stock valued at $96,126,000 after buying an additional 1,284,501 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of eBay during the 2nd quarter valued at about $62,986,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Trading Up 0.0%

Shares of EBAY opened at $90.91 on Friday. eBay Inc. has a 12 month low of $58.71 and a 12 month high of $101.15. The stock’s 50-day moving average is $84.32 and its two-hundred day moving average is $87.04. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market cap of $41.09 billion, a PE ratio of 19.76, a P/E/G ratio of 2.11 and a beta of 1.35.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion during 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 company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.19 earnings per share. 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 forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were paid a dividend of $0.29 per share. The ex-dividend date was Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. eBay’s dividend payout ratio (DPR) is currently 25.22%.

Insider Buying and Selling at eBay

In other news, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $83.94, for a total value of $374,540.28. Following the completion of the transaction, the senior vice president directly owned 91,921 shares in the company, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the sale, the senior vice president directly 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 53,675 shares of company stock valued at $4,388,825. 0.64% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Citizens Jmp raised shares of eBay from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research report on Friday, October 24th. B. Riley lifted 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. Jefferies Financial Group boosted their price objective on shares of eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research note on Friday, October 17th. Robert W. Baird upped their price objective on eBay from $89.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on eBay from $96.00 to $100.00 in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $94.47.

eBay 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.