eBay (NASDAQ:EBAY) Stock: Insider Julie Loeger Sells 41,649 Shares

eBay Inc. (NASDAQ:EBAY) SVP Julie Loeger sold 41,649 shares of the stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $123.02, for a total value of $5,123,659.98. Following the completion of the transaction, the senior vice president owned 112,850 shares of the company’s stock, valued at $13,882,807. The trade was a 26.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

eBay Price Performance

eBay stock opened at $120.92 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.78 and a current ratio of 0.78. eBay Inc. has a one year low of $78.03 and a one year high of $127.74. The company has a market cap of $53.08 billion, a P/E ratio of 24.67, a price-to-earnings-growth ratio of 2.85 and a beta of 1.30. The business has a fifty day moving average of $114.18 and a two-hundred day moving average of $105.26.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 28th. The e-commerce company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.41 by $0.10. The firm had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.12 billion. eBay had a net margin of 16.84% and a return on equity of 49.20%. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.36 earnings per share. As a group, analysts predict that eBay Inc. will post 4.79 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.24 annualized dividend and a yield of 1.0%. eBay’s payout ratio is currently 27.07%.

Institutional Investors Weigh In On eBay

Several hedge funds have recently modified their holdings of the stock. Marshall Wace LLP increased its holdings in eBay by 140.4% in the 3rd quarter. Marshall Wace LLP now owns 2,114,658 shares of the e-commerce company’s stock valued at $224,259,000 after purchasing an additional 1,235,010 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of eBay by 10.3% during the third quarter. Empowered Funds LLC now owns 167,434 shares of the e-commerce company’s stock worth $17,756,000 after purchasing an additional 15,600 shares in the last quarter. Roberts Glore & Co. Inc. IL lifted its stake in shares of eBay by 8.3% during the third quarter. Roberts Glore & Co. Inc. IL now owns 8,059 shares of the e-commerce company’s stock worth $855,000 after purchasing an additional 618 shares in the last quarter. Advisory Alpha LLC lifted its stake in shares of eBay by 14.2% during the third quarter. Advisory Alpha LLC now owns 3,579 shares of the e-commerce company’s stock worth $380,000 after purchasing an additional 444 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of eBay by 43.8% in the third quarter. Steward Partners Investment Advisory LLC now owns 14,588 shares of the e-commerce company’s stock worth $1,547,000 after buying an additional 4,442 shares during the period. 87.48% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting eBay

Investors following EBAY have been watching these headlines:

• Positive Sentiment: eBay is rolling out AI-driven photo-to-listing technology intended to make it easier for sellers to create listings. If it reduces listing effort, the feature could improve seller activity and marketplace selection. Article: eBay revamps selling with AI-driven photo-to-listing technology
• Neutral Sentiment: A comparison of eBay and PDD Holdings as value stocks provides a relative-valuation lens, but the headline does not state which stock is the more attractive buy. Article: PDD or EBAY: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Two senior vice presidents reported share sales: Julie Loeger sold 41,649 shares (about $5.12 million), reducing her stake by 26.96%, and Cornelius Boone sold 31,000 shares (about $3.82 million), reducing his by 29.33%. Insider selling can create near-term caution, though both executives retained substantial holdings and the sales do not establish a negative business outlook. Julie Loeger SEC filing Cornelius Boone SEC filing

Analyst Ratings Changes

Several research firms recently commented on EBAY. Citigroup boosted their price objective on shares of eBay from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. Barclays cut shares of eBay from an “overweight” rating to an “underweight” rating in a research report on Thursday, October 29th. Evercore set a $120.00 price target on shares of eBay in a research report on Thursday, October 29th. Citizens Jmp lowered shares of eBay from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of eBay in a research note on Thursday, October 29th. Seventeen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $123.52.

eBay Company Profile

eBay Inc. operates a global online marketplace that connects buyers and sellers. Its platform supports both auction-style listings and fixed-price sales across a broad range of categories, including electronics, fashion, collectibles, home goods and auto parts. Founded by Pierre Omidyar in 1995 as AuctionWeb, the company adopted the eBay name in 1997. It also provides services and tools for sellers, including advertising, payments and shipping features that support transactions on its marketplace. eBay serves customers and businesses in markets around the world.