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eBay Inc. (NASDAQ:EBAY) Position Lifted by Vise Technologies Inc.

eBay logo with Retail/Wholesale background

Vise Technologies Inc. raised its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 131.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,772 shares of the e-commerce company's stock after purchasing an additional 7,810 shares during the quarter. Vise Technologies Inc.'s holdings in eBay were worth $853,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of eBay in the fourth quarter worth about $27,000. Orion Capital Management LLC acquired a new position in shares of eBay during the 4th quarter worth about $27,000. Itau Unibanco Holding S.A. acquired a new position in shares of eBay during the 4th quarter worth about $33,000. New Wave Wealth Advisors LLC acquired a new position in shares of eBay during the 4th quarter worth about $36,000. Finally, Transce3nd LLC acquired a new position in shares of eBay during the 4th quarter worth about $36,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Insider Buying and Selling at eBay

In other news, SVP Julie A. Loeger sold 127,070 shares of the company's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $69.43, for a total value of $8,822,470.10. Following the completion of the transaction, the senior vice president now directly owns 123,282 shares in the company, valued at approximately $8,559,469.26. This represents a 50.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Cornelius Boone sold 3,958 shares of the company'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 completion of the transaction, the senior vice president now owns 94,392 shares of the company's stock, valued at $6,329,927.52. This trade represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 280,650 shares of company stock worth $19,637,729 in the last quarter. 0.64% of the stock is owned by insiders.

eBay Price Performance

Shares of NASDAQ EBAY traded up $0.13 on Friday, hitting $72.58. The company's stock had a trading volume of 1,217,744 shares, compared to its average volume of 4,941,970. eBay Inc. has a 12-month low of $51.72 and a 12-month high of $73.18. The company has a market capitalization of $33.46 billion, a price-to-earnings ratio of 18.24, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a 50 day moving average of $67.62 and a 200-day moving average of $66.14.

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

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.60%. eBay's dividend payout ratio (DPR) is presently 27.62%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on EBAY shares. JMP Securities restated a "market perform" rating on shares of eBay in a research report on Thursday, May 1st. Citigroup reduced their price target on shares of eBay from $80.00 to $79.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Susquehanna upped their price target on shares of eBay from $65.00 to $70.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. UBS Group upped their price target on shares of eBay from $72.00 to $73.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 29th. Finally, Benchmark increased their price objective on shares of eBay from $65.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $67.42.

Read Our Latest Report on EBAY

About eBay

(Free Report)

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.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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