4,446 Shares in eBay Inc. (NASDAQ:EBAY) Purchased by Retireful LLC

Retireful LLC bought a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,446 shares of the e-commerce company's stock, valued at approximately $299,000.

A number of other institutional investors and hedge funds have also bought and sold shares of EBAY. DAVENPORT & Co LLC raised its stake in eBay by 28.2% in the fourth quarter. DAVENPORT & Co LLC now owns 5,709 shares of the e-commerce company's stock valued at $354,000 after purchasing an additional 1,257 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in eBay by 5.2% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,768 shares of the e-commerce company's stock valued at $295,000 after purchasing an additional 236 shares in the last quarter. Columbus Macro LLC raised its stake in eBay by 55.8% in the fourth quarter. Columbus Macro LLC now owns 4,809 shares of the e-commerce company's stock valued at $298,000 after purchasing an additional 1,723 shares in the last quarter. E. Ohman J or Asset Management AB raised its stake in eBay by 6.1% in the fourth quarter. E. Ohman J or Asset Management AB now owns 23,140 shares of the e-commerce company's stock valued at $1,434,000 after purchasing an additional 1,340 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in eBay by 26.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 93,358 shares of the e-commerce company's stock valued at $5,827,000 after purchasing an additional 19,372 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on EBAY shares. Truist Financial lifted their price target on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a research note on Thursday, May 1st. Susquehanna lifted their price target on shares of eBay from $65.00 to $70.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. JMP Securities reissued a "market perform" rating on shares of eBay in a research note on Thursday, May 1st. Robert W. Baird lifted their price target on shares of eBay from $68.00 to $75.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. lifted their price target on shares of eBay from $60.00 to $66.00 and gave the stock a "neutral" rating in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $67.65.

Insider Activity

In other news, SVP Cornelius Boone sold 3,958 shares of the business's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $67.06, for a total transaction of $265,423.48. Following the sale, the senior vice president now owns 94,392 shares in the company, valued at approximately $6,329,927.52. The trade was a 4.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Julie A. Loeger sold 92,895 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $72.06, for a total transaction of $6,694,013.70. Following the sale, the senior vice president now owns 123,282 shares in the company, valued at approximately $8,883,700.92. This trade represents a 42.97% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 280,650 shares of company stock worth $19,637,729. Corporate insiders own 0.64% of the company's stock.

eBay Trading Up 0.8%

NASDAQ:EBAY traded up $0.64 during trading hours on Thursday, hitting $77.74. The company had a trading volume of 6,642,217 shares, compared to its average volume of 4,974,739. The company has a market capitalization of $35.84 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The stock has a 50-day moving average price of $68.32 and a 200 day moving average price of $66.51. eBay Inc. has a 52 week low of $51.72 and a 52 week high of $78.64. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The e-commerce company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.04. The business had revenue of $2.59 billion for the quarter, compared to analysts' expectations of $2.55 billion. eBay had a net margin of 19.68% and a return on equity of 30.97%. The firm's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 earnings per share. On average, equities research analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Friday, May 30th. eBay's dividend payout ratio (DPR) is presently 27.62%.

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.