Maia Wealth LLC Purchases 1,351 Shares of eBay Inc. (NASDAQ:EBAY)

Maia Wealth LLC lifted its position in eBay Inc. (NASDAQ:EBAY) by 38.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,824 shares of the e-commerce company’s stock after purchasing an additional 1,351 shares during the period. Maia Wealth LLC’s holdings in eBay were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Cypress Wealth Services LLC grew its position in eBay by 4.7% during the 4th quarter. Cypress Wealth Services LLC now owns 3,488 shares of the e-commerce company’s stock worth $216,000 after acquiring an additional 157 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of eBay by 7.2% during the fourth quarter. IFP Advisors Inc now owns 2,417 shares of the e-commerce company’s stock worth $150,000 after purchasing an additional 163 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of eBay by 4.1% in the fourth quarter. Capital Investment Advisors LLC now owns 4,226 shares of the e-commerce company’s stock valued at $262,000 after buying an additional 167 shares in the last quarter. Optas LLC increased its stake in shares of eBay by 0.5% in the third quarter. Optas LLC now owns 34,082 shares of the e-commerce company’s stock valued at $2,219,000 after buying an additional 171 shares in the last quarter. Finally, Kathmere Capital Management LLC raised its holdings in shares of eBay by 1.2% in the fourth quarter. Kathmere Capital Management LLC now owns 14,250 shares of the e-commerce company’s stock valued at $883,000 after buying an additional 173 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other eBay news, CFO Stephen J. Priest sold 5,252 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $63.63, for a total transaction of $334,184.76. Following the completion of the transaction, the chief financial officer now owns 65,080 shares in the company, valued at approximately $4,141,040.40. This represents a 7.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $63.21, for a total value of $355,556.25. Following the completion of the sale, the chief executive officer now owns 531,167 shares in the company, valued at approximately $33,575,066.07. This trade represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,149 shares of company stock worth $1,746,065. Company insiders own 0.38% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on EBAY. JMP Securities restated a “market perform” rating on shares of eBay in a research report on Monday, December 16th. JPMorgan Chase & Co. raised their price target on shares of eBay from $58.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday. Truist Financial upped their price objective on eBay from $58.00 to $62.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. Cantor Fitzgerald increased their price objective on eBay from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Barclays set a $72.00 target price on eBay and gave the stock an “overweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $65.33.

eBay Stock Up 2.0 %

Shares of eBay stock opened at $64.74 on Monday. The company has a market capitalization of $31.01 billion, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 2.22 and a beta of 1.35. 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 business has a 50-day moving average of $66.22 and a two-hundred day moving average of $63.84. eBay Inc. has a 1 year low of $48.04 and a 1 year high of $71.61.

eBay Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.79%. This is a boost from eBay’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, March 14th. eBay’s dividend payout ratio is presently 29.07%.

eBay Company 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.