eBay Inc. (NASDAQ:EBAY) Shares Acquired by Andra AP fonden

Andra AP fonden boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 9.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 441,278 shares of the e-commerce company’s stock after buying an additional 39,600 shares during the quarter. Andra AP fonden’s holdings in eBay were worth $23,705,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC boosted its holdings in shares of eBay by 36.8% during the fourth quarter. Private Advisor Group LLC now owns 19,832 shares of the e-commerce company’s stock worth $865,000 after purchasing an additional 5,336 shares during the period. Principal Securities Inc. purchased a new stake in shares of eBay during the fourth quarter worth $897,000. Dimensional Fund Advisors LP boosted its position in eBay by 22.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,248,438 shares of the e-commerce company’s stock valued at $272,551,000 after purchasing an additional 1,141,288 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in eBay by 10.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 17,190 shares of the e-commerce company’s stock valued at $750,000 after purchasing an additional 1,561 shares in the last quarter. Finally, M&G Investment Management Ltd. increased its position in eBay by 5.5% in the 4th quarter. M&G Investment Management Ltd. now owns 1,865,927 shares of the e-commerce company’s stock worth $82,101,000 after purchasing an additional 96,572 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

NASDAQ:EBAY opened at $59.43 on Tuesday. The firm’s 50-day moving average is $55.82 and its 200-day moving average is $53.10. The company has a market cap of $29.06 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 2.31 and a beta of 1.32. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.25 and a current ratio of 1.25. eBay Inc. has a 52-week low of $37.17 and a 52-week high of $59.85.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.08 annualized dividend and a yield of 1.82%. eBay’s dividend payout ratio is 21.51%.

Analysts Set New Price Targets

EBAY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on eBay from $60.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Robert W. Baird boosted their target price on shares of eBay from $58.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. The Goldman Sachs Group raised their price target on shares of eBay from $38.00 to $46.00 and gave the company a “sell” rating in a report on Friday, August 2nd. Bank of America upped their price objective on shares of eBay from $53.00 to $57.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Finally, StockNews.com lowered eBay from a “buy” rating to a “hold” rating in a report on Monday. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus price target of $56.90.

Insider Buying and Selling at eBay

In other news, SVP Edward O. Garcia sold 986 shares of the business’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $52.85, for a total transaction of $52,110.10. Following the sale, the senior vice president now directly owns 37,126 shares in the company, valued at $1,962,109.10. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CAO Rebecca Spencer sold 2,083 shares of the stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $53.62, for a total value of $111,690.46. Following the completion of the transaction, the chief accounting officer now owns 4,109 shares in the company, valued at approximately $220,324.58. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Edward O. Garcia sold 986 shares of eBay stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of $52.85, for a total transaction of $52,110.10. Following the sale, the senior vice president now owns 37,126 shares in the company, valued at $1,962,109.10. The disclosure for this sale can be found here. Insiders own 0.38% of the company’s stock.

eBay 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.