Dimensional Fund Advisors LP cut its position in shares of eBay Inc. (NASDAQ:EBAY) by 0.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,360,697 shares of the e-commerce company’s stock after selling 26,766 shares during the quarter. Dimensional Fund Advisors LP owned 0.32% of eBay worth $129,236,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Harding Loevner LP raised its holdings in eBay by 40.0% during the third quarter. Harding Loevner LP now owns 5,168,396 shares of the e-commerce company’s stock worth $138,877,000 after purchasing an additional 1,477,738 shares during the last quarter. BB&T Securities LLC raised its holdings in eBay by 11.8% during the third quarter. BB&T Securities LLC now owns 201,222 shares of the e-commerce company’s stock worth $7,738,000 after purchasing an additional 21,184 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in eBay by 1.1% during the third quarter. Schwab Charles Investment Management Inc. now owns 3,448,007 shares of the e-commerce company’s stock worth $132,611,000 after buying an additional 37,489 shares in the last quarter. Commonwealth Bank of Australia increased its position in eBay by 7.0% during the third quarter. Commonwealth Bank of Australia now owns 155,133 shares of the e-commerce company’s stock worth $5,959,000 after buying an additional 10,171 shares in the last quarter. Finally, Grove Bank & Trust increased its position in eBay by 455.2% during the third quarter. Grove Bank & Trust now owns 3,720 shares of the e-commerce company’s stock worth $143,000 after buying an additional 3,050 shares in the last quarter. 86.06% of the stock is owned by hedge funds and other institutional investors.

In related news, SVP Raymond J. Pittman sold 31,400 shares of eBay stock in a transaction on Friday, November 17th. The stock was sold at an average price of $35.58, for a total value of $1,117,212.00. Following the transaction, the senior vice president now owns 74,334 shares in the company, valued at $2,644,803.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Brian J. Doerger sold 4,359 shares of eBay stock in a transaction on Friday, November 10th. The shares were sold at an average price of $35.75, for a total value of $155,834.25. Following the completion of the transaction, the vice president now owns 23,392 shares in the company, valued at approximately $836,264. The disclosure for this sale can be found here. Insiders sold 184,242 shares of company stock worth $6,842,297 in the last quarter. 6.78% of the stock is owned by insiders.

Several equities analysts have weighed in on EBAY shares. Canaccord Genuity reissued a “hold” rating and set a $34.00 price target on shares of eBay in a research report on Wednesday, September 6th. BidaskClub raised eBay from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. SunTrust Banks reissued a “hold” rating and set a $38.00 price target on shares of eBay in a research report on Friday, November 17th. Piper Jaffray Companies set a $34.00 price target on eBay and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Finally, DA Davidson started coverage on eBay in a research report on Wednesday, September 13th. They set a “buy” rating and a $45.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and eighteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $38.51.

eBay Inc. (NASDAQ:EBAY) opened at $38.37 on Friday. eBay Inc. has a fifty-two week low of $29.01 and a fifty-two week high of $39.28. The firm has a market capitalization of $40,900.00, a price-to-earnings ratio of 23.50, a P/E/G ratio of 2.88 and a beta of 1.34. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 18th. The e-commerce company reported $0.48 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.48. eBay had a return on equity of 15.69% and a net margin of 80.45%. The firm had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter last year, the firm earned $0.45 earnings per share. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. equities analysts forecast that eBay Inc. will post 1.65 EPS for the current fiscal year.

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About eBay

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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