Stephens Inc. AR Buys 434 Shares of eBay Inc. (NASDAQ:EBAY)

Stephens Inc. AR grew its stake in eBay Inc. (NASDAQ:EBAY) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,858 shares of the e-commerce company’s stock after purchasing an additional 434 shares during the quarter. Stephens Inc. AR’s holdings in eBay were worth $5,691,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Nordea Investment Management AB lifted its position in shares of eBay by 3.8% during the 4th quarter. Nordea Investment Management AB now owns 9,151,026 shares of the e-commerce company’s stock worth $573,220,000 after buying an additional 335,035 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in eBay by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,447,627 shares of the e-commerce company’s stock worth $354,695,000 after acquiring an additional 216,162 shares during the period. Smead Capital Management Inc. boosted its position in eBay by 3.5% in the third quarter. Smead Capital Management Inc. now owns 3,725,760 shares of the e-commerce company’s stock worth $242,584,000 after purchasing an additional 125,708 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in eBay by 4.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,888,758 shares of the e-commerce company’s stock valued at $117,009,000 after purchasing an additional 73,351 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in shares of eBay during the 3rd quarter valued at $105,506,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Trading Up 0.6 %

EBAY stock opened at $68.26 on Tuesday. The company has a market capitalization of $32.70 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 2.15 and a beta of 1.35. The company’s 50 day moving average price is $64.76 and its two-hundred day moving average price is $62.44. eBay Inc. has a one year low of $40.74 and a one year high of $71.52. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25.

Insider Transactions at eBay

In other eBay news, CEO Jamie Iannone sold 5,625 shares of the company’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 sale, the chief executive officer now owns 531,167 shares in the company, valued at approximately $33,575,066.07. This represents a 1.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Cornelius Boone sold 3,989 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $65.20, for a total value of $260,082.80. Following the completion of the sale, the senior vice president now owns 71,469 shares in the company, valued at $4,659,778.80. The trade was a 5.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, 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

A number of equities analysts recently weighed in on the stock. TD Cowen boosted their price target on shares of eBay from $45.00 to $54.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Jefferies Financial Group cut shares of eBay from a “hold” rating to an “underperform” rating and dropped their target price for the company from $60.00 to $52.00 in a research note on Tuesday, December 10th. Robert W. Baird decreased their price target on shares of eBay from $70.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Piper Sandler lifted their price target on shares of eBay from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Finally, Benchmark reissued a “buy” rating and set a $65.00 price objective on shares of eBay in a report on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, eBay presently has an average rating of “Hold” and an average target price of $62.92.

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.