Daymark Wealth Companions LLC lessened its stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 4.2% in the course of the third quarter, HoldingsChannel.com reviews. The fund owned 4,091 shares of the e-commerce firm’s inventory after promoting 178 shares in the course of the quarter. Daymark Wealth Companions LLC’s holdings in eBay had been value $266,000 as of its most up-to-date submitting with the Securities & Trade Fee.
Plenty of different institutional traders have additionally not too long ago made modifications to their positions in EBAY. Van ECK Associates Corp grew its holdings in shares of eBay by 25.0% within the first quarter. Van ECK Associates Corp now owns 85,688 shares of the e-commerce firm’s inventory value $4,523,000 after buying an extra 17,143 shares in the course of the interval. SteelPeak Wealth LLC grew its stake in shares of eBay by 42.3% in the course of the 1st quarter. SteelPeak Wealth LLC now owns 57,642 shares of the e-commerce firm’s inventory valued at $3,042,000 after buying an extra 17,140 shares in the course of the interval. Cetera Funding Advisers elevated its place in shares of eBay by 325.4% in the course of the 1st quarter. Cetera Funding Advisers now owns 79,151 shares of the e-commerce firm’s inventory valued at $4,178,000 after buying an extra 60,544 shares over the last quarter. PGGM Investments lifted its stake in shares of eBay by 88.0% within the 2nd quarter. PGGM Investments now owns 61,115 shares of the e-commerce firm’s inventory value $3,283,000 after buying an extra 28,604 shares in the course of the interval. Lastly, Freestone Capital Holdings LLC boosted its holdings in shares of eBay by 435.2% within the first quarter. Freestone Capital Holdings LLC now owns 36,431 shares of the e-commerce firm’s inventory value $1,923,000 after shopping for an extra 29,624 shares over the last quarter. Hedge funds and different institutional traders personal 87.48% of the corporate’s inventory.
eBay Inventory Up 0.4 %
EBAY opened at $66.33 on Friday. eBay Inc. has a 52 week low of $37.17 and a 52 week excessive of $67.72. The corporate has a fast ratio of 1.25, a present ratio of 1.25 and a debt-to-equity ratio of 1.12. The agency has a 50-day easy transferring common of $60.66 and a two-hundred day easy transferring common of $55.40. The corporate has a market capitalization of $32.44 billion, a PE ratio of 12.88, a price-to-earnings-growth ratio of two.59 and a beta of 1.32.
eBay (NASDAQ:EBAY – Get Free Report) final launched its quarterly earnings outcomes on Wednesday, July thirty first. The e-commerce firm reported $0.88 earnings per share for the quarter, assembly the consensus estimate of $0.88. eBay had a return on fairness of 29.69% and a web margin of 26.41%. The enterprise had income of $2.57 billion in the course of the quarter, in comparison with analysts’ expectations of $2.53 billion. Analysts forecast that eBay Inc. will put up 3.86 earnings per share for the present fiscal 12 months.
eBay Dividend Announcement
The agency additionally not too long ago declared a quarterly dividend, which was paid on Friday, September thirteenth. Buyers of report on Friday, August thirtieth had been paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized foundation and a yield of 1.63%. The ex-dividend date was Friday, August thirtieth. eBay’s payout ratio is 20.97%.
Insider Exercise at eBay
In associated information, CFO Stephen J. Priest bought 25,000 shares of the inventory in a transaction dated Monday, September sixteenth. The shares had been bought at a median value of $63.91, for a complete worth of $1,597,750.00. Following the completion of the transaction, the chief monetary officer now 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 means of this hyperlink. In associated information, CFO Stephen J. Priest bought 25,000 shares of the inventory in a transaction on Monday, September sixteenth. The inventory was bought at a median value of $63.91, for a complete transaction of $1,597,750.00. Following the sale, the chief monetary officer now owns 70,332 shares within the firm, valued at roughly $4,494,918.12. This represents a 0.00 % lower of their place. The transaction was disclosed in a submitting with the SEC, which is accessible by means of this hyperlink. Additionally, CEO Jamie Iannone bought 5,625 shares of the agency’s inventory in a transaction on Monday, October seventh. The inventory was bought at a median value of $66.56, for a complete worth of $374,400.00. Following the completion of the sale, the chief govt officer now owns 553,666 shares of the corporate’s inventory, valued at roughly $36,852,008.96. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Insiders have bought a complete of 40,224 shares of firm inventory valued at $2,600,666 over the past 90 days. 0.38% of the inventory is owned by company insiders.
Wall Road Analysts Forecast Progress
EBAY has been the topic of numerous analysis reviews. Benchmark upped their goal value on shares of eBay from $58.00 to $65.00 and gave the corporate a “purchase” score in a report on Thursday, August 1st. Morgan Stanley upped their value goal on eBay from $61.00 to $64.00 and gave the inventory an “obese” score in a analysis word on Friday, July nineteenth. Wells Fargo & Firm lifted their goal value on eBay from $55.00 to $63.00 and gave the corporate an “equal weight” score in a analysis report on Thursday, October third. Daiwa America upgraded eBay to a “maintain” score in a analysis report on Wednesday, August 14th. Lastly, Piper Sandler reaffirmed an “obese” score and set a $64.00 value goal (up from $58.00) on shares of eBay in a analysis report on Thursday, August 1st. One funding analyst has rated the inventory with a promote score, fifteen have assigned a maintain score and eight have given a purchase score to the inventory. In line with information from MarketBeat, the inventory presently has a consensus score of “Maintain” and a median goal value of $58.05.
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About eBay
eBay Inc, along with its subsidiaries, operates market platforms that join consumers 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 cell apps.
Additional Studying
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