Oxford Asset Management LLP grew its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 121.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,518 shares of the e-commerce company's stock after purchasing an additional 4,680 shares during the period. Oxford Asset Management LLP's holdings in eBay were worth $528,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in EBAY. Golden State Wealth Management LLC acquired a new stake in eBay in the 4th quarter valued at about $27,000. New Wave Wealth Advisors LLC acquired a new stake in eBay during the 4th quarter valued at $36,000. Transce3nd LLC purchased a new position in eBay during the fourth quarter worth $36,000. Lee Danner & Bass Inc. acquired a new position in shares of eBay in the fourth quarter worth $40,000. Finally, Versant Capital Management Inc boosted its stake in shares of eBay by 115.5% during the fourth quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company's stock valued at $52,000 after acquiring an additional 448 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have issued reports on EBAY shares. JPMorgan Chase & Co. reduced their target price on shares of eBay from $60.00 to $54.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company decreased their target price on shares of eBay from $64.00 to $62.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 2nd. Stifel Nicolaus decreased their price objective on eBay from $63.00 to $61.00 and set a "hold" rating on the stock in a report on Wednesday, April 23rd. Cantor Fitzgerald increased their target price on eBay from $65.00 to $70.00 and gave the stock a "neutral" rating in a research report on Thursday, February 27th. Finally, Barclays set a $72.00 price target on eBay and gave the stock an "overweight" rating in a research note on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $64.83.
Check Out Our Latest Stock Report on eBay
Insider Activity at eBay
In related news, CFO Stephen J. Priest sold 28,060 shares of eBay stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $67.82, for a total value of $1,903,029.20. Following the completion of the sale, the chief financial officer now owns 65,080 shares in the company, valued at approximately $4,413,725.60. The trade was a 30.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jamie Iannone sold 5,625 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $67.25, for a total transaction of $378,281.25. Following the transaction, the chief executive officer now owns 530,998 shares in the company, valued at $35,709,615.50. This trade represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 46,310 shares of company stock valued at $3,121,626. Insiders own 0.38% of the company's stock.
eBay Stock Up 1.4 %
EBAY stock traded up $0.96 during trading on Wednesday, reaching $68.16. The stock had a trading volume of 9,810,840 shares, compared to its average volume of 8,800,564. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. The firm has a fifty day moving average price of $65.95 and a 200 day moving average price of $64.98. The company has a market capitalization of $31.76 billion, a P/E ratio of 17.13, a PEG ratio of 2.22 and a beta of 1.43. eBay Inc. has a 1-year low of $65.09 and a 1-year high of $69.30.
eBay Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.70%. eBay's dividend payout ratio (DPR) is 29.07%.
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.
See Also
Before you consider eBay, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and eBay wasn't on the list.
While eBay currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
