eBay Inc. (NASDAQ:EBAY) Stock Holdings Lessened by D.A. Davidson & CO.

D.A. Davidson & CO. cut its stake in shares of eBay Inc. (NASDAQ:EBAY) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 14,273 shares of the e-commerce company’s stock after selling 248 shares during the period. D.A. Davidson & CO.’s holdings in eBay were worth $884,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its holdings in shares of eBay by 90.7% during the 3rd quarter. Private Advisor Group LLC now owns 45,500 shares of the e-commerce company’s stock valued at $2,963,000 after acquiring an additional 21,636 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in eBay by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,580 shares of the e-commerce company’s stock valued at $3,489,000 after purchasing an additional 1,063 shares during the last quarter. Trustmark National Bank Trust Department acquired a new position in eBay in the 3rd quarter worth about $1,307,000. Prospera Financial Services Inc increased its position in eBay by 794.2% in the 3rd quarter. Prospera Financial Services Inc now owns 70,616 shares of the e-commerce company’s stock worth $4,598,000 after purchasing an additional 62,719 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of eBay by 5,091.9% during the 4th quarter. Van ECK Associates Corp now owns 142,051 shares of the e-commerce company’s stock valued at $8,800,000 after buying an additional 139,315 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Activity at eBay

In related news, CFO Stephen J. Priest sold 1,033 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $64.93, for a total value of $67,072.69. Following the completion of the transaction, the chief financial officer now directly owns 65,080 shares in the company, valued at approximately $4,225,644.40. This represents a 1.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jamie Iannone sold 5,625 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $67.25, for a total value of $378,281.25. Following the completion of the transaction, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at approximately $35,709,615.50. This trade represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,149 shares of company stock worth $1,746,065. Company insiders own 0.38% of the company’s stock.

Analysts Set New Price Targets

EBAY has been the topic of a number of research reports. 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. JPMorgan Chase & Co. decreased their target price on shares of eBay from $60.00 to $58.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. UBS Group cut their price target on shares of eBay from $72.00 to $66.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Truist Financial upped their price objective on shares of eBay from $58.00 to $62.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. Finally, Jefferies Financial Group lowered eBay from a “hold” rating to an “underperform” rating and cut their target price for the company from $60.00 to $52.00 in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $63.13.

eBay Stock Performance

NASDAQ EBAY opened at $69.39 on Monday. The company’s fifty day moving average is $65.87 and its two-hundred day moving average is $63.43. eBay Inc. has a 52-week low of $43.12 and a 52-week high of $71.52. 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 firm has a market capitalization of $33.24 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 2.22 and a beta of 1.35.

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.