Asset Administration One Co. Ltd. trimmed its place in eBay Inc. (NASDAQ:EBAY – Free Report) by 2.0% within the third quarter, in accordance with its most up-to-date disclosure with the Securities and Trade Fee (SEC). The agency owned 202,911 shares of the e-commerce firm’s inventory after promoting 4,185 shares through the interval. Asset Administration One Co. Ltd.’s holdings in eBay had been price $13,212,000 as of its most up-to-date SEC submitting.
A variety of different institutional buyers and hedge funds have additionally lately added to or diminished their stakes in EBAY. Thurston Springer Miller Herd & Titak Inc. purchased a brand new place in eBay through the second quarter valued at about $26,000. Tortoise Funding Administration LLC boosted its place in shares of eBay by 894.2% through the 2nd quarter. Tortoise Funding Administration LLC now owns 517 shares of the e-commerce firm’s inventory valued at $28,000 after buying an extra 465 shares within the final quarter. LRI Investments LLC acquired a brand new place in shares of eBay within the 1st quarter price roughly $29,000. Hobbs Group Advisors LLC purchased a brand new stake in shares of eBay within the 2nd quarter price roughly $29,000. Lastly, Washington Belief Advisors Inc. acquired a brand new stake in eBay through the first quarter valued at roughly $30,000. 87.48% of the inventory is owned by institutional buyers.
Wall Road Analyst Weigh In
A number of analysis companies have issued reviews on EBAY. Wells Fargo & Firm decreased their worth goal on shares of eBay from $63.00 to $62.00 and set an “equal weight” ranking on the inventory in a analysis report on Friday, November 1st. Wolfe Analysis initiated protection on eBay in a analysis report on Tuesday, July sixteenth. They set a “peer carry out” ranking on the inventory. Financial institution of America decreased their worth goal on eBay from $67.00 to $64.00 and set a “impartial” ranking for the corporate in a analysis report on Thursday, October thirty first. Benchmark restated a “purchase” ranking and set a $65.00 worth goal on shares of eBay in a report on Tuesday, October twenty ninth. Lastly, UBS Group diminished their worth goal on shares of eBay from $72.00 to $66.00 and set a “impartial” ranking for the corporate in a analysis observe on Thursday, October thirty first. One funding analyst has rated the inventory with a promote ranking, fifteen have given a maintain ranking and ten have given a purchase ranking to the corporate. Based on knowledge from MarketBeat, eBay has a consensus ranking of “Maintain” and a consensus worth goal of $62.87.
View Our Newest Inventory Report on EBAY
Insider Transactions at eBay
In associated information, CFO Stephen J. Priest offered 25,000 shares of eBay inventory in a transaction on Monday, September sixteenth. The shares had been offered at a mean worth of $63.91, for a complete worth of $1,597,750.00. Following the completion of the sale, the chief monetary officer now owns 70,332 shares of the corporate’s inventory, valued at roughly $4,494,918.12. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by way of this hyperlink. In associated information, CFO Stephen J. Priest offered 25,000 shares of the agency’s inventory in a transaction that occurred on Monday, September sixteenth. The inventory was offered at a mean worth of $63.91, for a complete worth of $1,597,750.00. Following the transaction, the chief monetary officer now immediately owns 70,332 shares of the corporate’s inventory, valued at roughly $4,494,918.12. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by way of this hyperlink. Additionally, SVP Cornelius Boone offered 3,974 shares of the corporate’s inventory in a transaction that occurred on Tuesday, September seventeenth. The inventory was offered at a mean worth of $64.61, for a complete worth of $256,760.14. Following the sale, the senior vice chairman now immediately owns 70,113 shares of the corporate’s inventory, valued at $4,530,000.93. The commerce was a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Insiders have offered a complete of 47,016 shares of firm inventory price $3,015,417 within the final 90 days. 0.38% of the inventory is owned by insiders.
eBay Inventory Down 0.7 %
Shares of eBay inventory opened at $61.08 on Thursday. The inventory has a 50-day easy transferring common of $63.12 and a 200-day easy transferring common of $57.00. eBay Inc. has a 52-week low of $37.17 and a 52-week excessive of $67.80. The agency has a market cap of $29.26 billion, a price-to-earnings ratio of 15.35, a P/E/G ratio of 1.90 and a beta of 1.34. The corporate has a debt-to-equity ratio of 1.14, a present ratio of 1.25 and a fast ratio of 1.25.
eBay Proclaims Dividend
The agency additionally lately introduced a quarterly dividend, which can be paid on Friday, December thirteenth. Shareholders of document on Friday, November twenty ninth can be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Friday, November twenty ninth. eBay’s dividend payout ratio is 27.14%.
eBay Profile
eBay Inc, along with its subsidiaries, operates market platforms that join patrons and sellers in the USA, the UK, China, Germany, and internationally. The corporate’s market platform contains its on-line market at ebay.com, off-platform companies, and the eBay suite of cellular apps.
Really useful Tales
Wish to see what different hedge funds are holding EBAY? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for eBay Inc. (NASDAQ:EBAY – Free Report).
Obtain Information & Scores for eBay Every day – Enter your e-mail deal with under to obtain a concise day by day abstract of the most recent information and analysts’ scores for eBay and associated corporations with MarketBeat.com’s FREE day by day e-mail publication.
