eBay (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam Sells 865 Shares

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 865 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $82.67, for a total value of $71,509.55. Following the sale, the senior vice president owned 4,733 shares of the company’s stock, valued at approximately $391,277.11. The trade was a 15.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, November 18th, Jordan Douglas Bradle Sweetnam sold 1,006 shares of eBay stock. The shares were sold at an average price of $82.04, for a total value of $82,532.24.
• On Tuesday, November 4th, Jordan Douglas Bradle Sweetnam sold 35,305 shares of eBay stock. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70.

eBay Trading Up 1.2%

Shares of EBAY stock traded up $1.00 during trading hours on Friday, hitting $84.66. 11,673,031 shares of the company were exchanged, compared to its average volume of 5,555,398. The company has a 50 day simple moving average of $86.07 and a two-hundred day simple moving average of $85.95. The firm has a market cap of $38.27 billion, a P/E ratio of 18.40, a P/E/G ratio of 2.09 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. eBay Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last issued 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 41.94%. The business had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the prior year, the firm earned $1.19 earnings per share. eBay’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 and its Q4 2025 guidance at 1.310-1.360 EPS. Equities analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, November 28th. eBay’s dividend payout ratio is 25.22%.

Institutional Trading of eBay

Hedge funds and other institutional investors have recently modified their holdings of the business. Princeton Global Asset Management LLC raised its stake in shares of eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 269 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in shares of eBay during the 1st quarter valued at $26,000. Financial Consulate Inc. bought a new stake in eBay during the third quarter worth about $27,000. GFG Capital LLC bought a new stake in eBay in the 2nd quarter worth approximately $28,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of eBay in the 3rd quarter worth approximately $28,000. Institutional investors own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

EBAY has been the topic of a number of research reports. Jefferies Financial Group upped their target price on eBay from $60.00 to $65.00 and gave the stock an “underperform” rating in a research report on Friday, October 17th. Sanford C. Bernstein set a $90.00 price target on shares of eBay in a research note on Friday, October 31st. Citigroup restated a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. Robert W. Baird lifted their price objective on shares of eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, October 13th. Finally, Wells Fargo & Company upped their target price on shares of eBay from $89.00 to $96.00 and gave the stock an “equal weight” rating in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, eBay has an average rating of “Hold” and a consensus price target of $94.41.

About eBay

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.