eBay (NASDAQ:EBAY) SVP Mazen Rawashdeh Sells 1,920 Shares

eBay Inc. (NASDAQ:EBAY) SVP Mazen Rawashdeh sold 1,920 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total value of $157,248.00. Following the transaction, the senior vice president directly owned 5,746 shares of the company’s stock, valued at $470,597.40. The trade was a 25.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

eBay Price Performance

EBAY stock opened at $84.66 on Friday. The business’s 50-day moving average is $85.99 and its two-hundred day moving average is $86.02. 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 firm has a market capitalization of $38.27 billion, a P/E ratio of 18.40, a P/E/G ratio of 2.11 and a beta of 1.35. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a return on equity of 41.94% and a net margin of 20.37%.The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $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. Analysts anticipate 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. Shareholders of record on Friday, November 28th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s dividend payout ratio is currently 25.22%.

Institutional Trading of eBay

Several institutional investors and hedge funds have recently made changes to their positions in the company. Verdence Capital Advisors LLC lifted its position in eBay by 71.2% during the second quarter. Verdence Capital Advisors LLC now owns 17,447 shares of the e-commerce company’s stock worth $1,299,000 after buying an additional 7,256 shares during the period. Procyon Advisors LLC grew its holdings in eBay by 100.7% in the 2nd quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock valued at $2,293,000 after buying an additional 15,449 shares during the period. Teacher Retirement System of Texas increased its stake in shares of eBay by 2.0% during the 2nd quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock valued at $12,736,000 after acquiring an additional 3,374 shares during the last quarter. Savant Capital LLC lifted its holdings in shares of eBay by 19.4% during the 2nd quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock worth $1,804,000 after acquiring an additional 3,933 shares during the period. Finally, denkapparat Operations GmbH lifted its holdings in shares of eBay by 112.9% during the 2nd quarter. denkapparat Operations GmbH now owns 8,876 shares of the e-commerce company’s stock worth $661,000 after acquiring an additional 4,706 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EBAY. Cantor Fitzgerald boosted their target price on shares of eBay from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Cowen reaffirmed a “hold” rating on shares of eBay in a report on Monday, October 20th. Jefferies Financial Group increased their price objective on eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a report on Friday, October 17th. Deutsche Bank Aktiengesellschaft raised their target price on eBay from $96.00 to $100.00 in a research report on Thursday, October 30th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. One investment 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, eBay currently has a consensus rating of “Hold” and a consensus target price 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.