eBay (NASDAQ:EBAY) SVP Sells $82,532.24 in Stock

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 1,006 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $82.04, for a total value of $82,532.24. Following the transaction, the senior vice president directly owned 3,868 shares in the company, valued at approximately $317,330.72. This represents a 20.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

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

eBay Trading Up 1.0%

EBAY stock opened at $80.84 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a twelve month low of $58.71 and a twelve month high of $101.15. The stock has a market capitalization of $36.54 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The firm’s fifty day simple moving average is $89.10 and its two-hundred day simple moving average is $84.51.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the business earned $1.19 EPS. The business’s revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. As a group, analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 28th. eBay’s payout ratio is 25.22%.

Hedge Funds Weigh In On eBay

A number of hedge funds and other institutional investors have recently made changes to their positions in EBAY. Kestra Private Wealth Services LLC lifted its stake in eBay by 1.9% in the first quarter. Kestra Private Wealth Services LLC now owns 9,149 shares of the e-commerce company’s stock worth $620,000 after acquiring an additional 168 shares during the period. IFP Advisors Inc increased its position in eBay by 59.6% during the 1st quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock valued at $261,000 after purchasing an additional 1,440 shares during the period. Teachers Retirement System of The State of Kentucky raised its holdings in shares of eBay by 2.1% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 36,959 shares of the e-commerce company’s stock valued at $2,503,000 after purchasing an additional 772 shares in the last quarter. HighPoint Advisor Group LLC lifted its position in shares of eBay by 13.2% in the 1st quarter. HighPoint Advisor Group LLC now owns 4,418 shares of the e-commerce company’s stock worth $297,000 after purchasing an additional 514 shares during the period. Finally, Choreo LLC boosted its stake in shares of eBay by 3.2% during the first quarter. Choreo LLC now owns 17,153 shares of the e-commerce company’s stock valued at $1,162,000 after purchasing an additional 536 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EBAY. Argus reiterated a “hold” rating on shares of eBay in a report on Thursday, August 14th. Citigroup reiterated a “market outperform” rating on shares of eBay in a research report on Thursday, October 30th. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 target price for the company in a research note on Friday, October 24th. Piper Sandler cut their price target on shares of eBay from $102.00 to $98.00 and set an “overweight” rating on the stock in a report on Tuesday, November 11th. Finally, Barclays lifted their price objective on shares of eBay from $92.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nineteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $94.69.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.