D Orazio & Associates Inc. Has $421,000 Stock Holdings in eBay Inc. (NASDAQ:EBAY)

D Orazio & Associates Inc. grew its position in shares of eBay Inc. (NASDAQ:EBAY) by 14.5% in the third quarter, HoldingsChannel reports. The fund owned 6,467 shares of the e-commerce company’s stock after acquiring an additional 821 shares during the period. D Orazio & Associates Inc.’s holdings in eBay were worth $421,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new stake in shares of eBay in the third quarter worth $256,000. Chase Investment Counsel Corp acquired a new stake in eBay in the 3rd quarter valued at $6,524,000. Aptus Capital Advisors LLC bought a new stake in eBay during the 3rd quarter worth about $213,000. GSA Capital Partners LLP acquired a new position in shares of eBay during the 3rd quarter worth about $865,000. Finally, Keystone Financial Services grew its holdings in shares of eBay by 2.2% in the 3rd quarter. Keystone Financial Services now owns 15,247 shares of the e-commerce company’s stock valued at $993,000 after acquiring an additional 332 shares in the last quarter. 87.48% of the stock is owned by institutional investors.

eBay Stock Performance

NASDAQ EBAY traded down $0.03 on Wednesday, reaching $61.47. The stock had a trading volume of 1,011,561 shares, compared to its average volume of 5,413,133. 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 company has a market cap of $29.44 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 2.05 and a beta of 1.34. The firm has a fifty day moving average of $63.37 and a two-hundred day moving average of $57.34. eBay Inc. has a 1-year low of $38.97 and a 1-year high of $67.80.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.27 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.08 annualized dividend and a dividend yield of 1.76%. eBay’s dividend payout ratio (DPR) is presently 27.14%.

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $59.91, for a total value of $336,993.75. Following the completion of the sale, the chief executive officer now owns 548,042 shares of the company’s stock, valued at $32,833,196.22. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other eBay news, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction on Monday, November 4th. The stock was sold at an average price of $59.91, for a total value of $336,993.75. Following the completion of the transaction, the chief executive officer now directly owns 548,042 shares of the company’s stock, valued at $32,833,196.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Stephen J. Priest sold 1,167 shares of the company’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $66.63, for a total value of $77,757.21. Following the sale, the chief financial officer now owns 65,079 shares of the company’s stock, valued at approximately $4,336,213.77. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 47,016 shares of company stock valued at $3,015,417. 0.38% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

EBAY has been the topic of several analyst reports. Citigroup upped their target price on eBay from $65.00 to $68.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Susquehanna boosted their price target on eBay from $52.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Benchmark reissued a “buy” rating and issued a $65.00 price objective on shares of eBay in a report on Tuesday, October 29th. Jefferies Financial Group boosted their target price on shares of eBay from $58.00 to $65.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Finally, Barclays cut their price target on shares of eBay from $65.00 to $64.00 and set an “overweight” rating for the company in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $62.87.

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.