eBay Inc. (NASDAQ:EBAY) Stock Position Decreased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lowered its holdings in eBay Inc. (NASDAQ:EBAY) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,743 shares of the e-commerce company’s stock after selling 183 shares during the period. Crossmark Global Holdings Inc.’s holdings in eBay were worth $2,067,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of eBay by 0.3% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 52,494 shares of the e-commerce company’s stock valued at $3,418,000 after purchasing an additional 153 shares in the last quarter. Optas LLC lifted its holdings 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 purchasing an additional 171 shares in the last quarter. Davis Investment Partners LLC lifted its holdings in shares of eBay by 0.8% in the third quarter. Davis Investment Partners LLC now owns 23,475 shares of the e-commerce company’s stock valued at $1,531,000 after purchasing an additional 180 shares in the last quarter. Quent Capital LLC lifted its holdings in shares of eBay by 6.8% in the first quarter. Quent Capital LLC now owns 3,173 shares of the e-commerce company’s stock valued at $167,000 after purchasing an additional 202 shares in the last quarter. Finally, Checchi Capital Advisers LLC lifted its holdings in shares of eBay by 3.0% in the second quarter. Checchi Capital Advisers LLC now owns 7,547 shares of the e-commerce company’s stock valued at $405,000 after purchasing an additional 219 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Activity

In other news, SVP Cornelius Boone sold 3,974 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $64.61, for a total value of $256,760.14. Following the sale, the senior vice president now directly owns 70,113 shares of the company’s stock, valued at approximately $4,530,000.93. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $66.09, for a total transaction of $371,756.25. Following the sale, the chief executive officer now directly owns 559,291 shares of the company’s stock, valued at $36,963,542.19. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Cornelius Boone sold 3,974 shares of eBay stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $64.61, for a total value of $256,760.14. Following the sale, the senior vice president now directly owns 70,113 shares in the company, valued at approximately $4,530,000.93. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,016 shares of company stock valued at $3,015,417. 0.38% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on EBAY shares. Sanford C. Bernstein upgraded eBay from a “market perform” rating to an “outperform” rating and set a $70.00 target price for the company in a report on Tuesday, November 5th. Piper Sandler increased their price objective on eBay from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Susquehanna increased their price objective on eBay from $52.00 to $60.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Jefferies Financial Group increased their price objective on eBay from $58.00 to $65.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Finally, Robert W. Baird cut their price objective on eBay from $70.00 to $68.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $62.87.

eBay Trading Down 1.5 %

Shares of NASDAQ:EBAY opened at $61.50 on Wednesday. The company has a market cap of $29.46 billion, a P/E ratio of 15.45, a P/E/G ratio of 2.03 and a beta of 1.34. The stock’s 50-day moving average is $63.31 and its 200-day moving average is $57.27. eBay Inc. has a 52-week low of $38.60 and a 52-week high of $67.80. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25.

eBay Announces Dividend

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

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.