Mn Services Vermogensbeheer B.V. Buys 7,500 Shares of eBay Inc. (NASDAQ:EBAY)

Mn Services Vermogensbeheer B.V. increased its position in eBay Inc. (NASDAQ:EBAY) by 1.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 506,500 shares of the e-commerce company’s stock after purchasing an additional 7,500 shares during the period. Mn Services Vermogensbeheer B.V. owned 0.08% of eBay worth $35,288,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Stephens Inc. AR grew its holdings in eBay by 3.4% during the 3rd quarter. Stephens Inc. AR now owns 4,606 shares of the e-commerce company’s stock valued at $321,000 after buying an additional 150 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of eBay by 3.8% in the 2nd quarter. Kingsview Wealth Management LLC now owns 4,160 shares of the e-commerce company’s stock worth $290,000 after purchasing an additional 151 shares during the period. Clarius Group LLC boosted its holdings in shares of eBay by 1.8% in the 3rd quarter. Clarius Group LLC now owns 8,589 shares of the e-commerce company’s stock worth $598,000 after purchasing an additional 156 shares during the period. Cadence Bank NA boosted its holdings in shares of eBay by 5.1% in the 3rd quarter. Cadence Bank NA now owns 3,263 shares of the e-commerce company’s stock worth $227,000 after purchasing an additional 158 shares during the period. Finally, Brighton Jones LLC boosted its holdings in shares of eBay by 1.7% in the 2nd quarter. Brighton Jones LLC now owns 9,515 shares of the e-commerce company’s stock worth $668,000 after purchasing an additional 162 shares during the period. 90.51% of the stock is currently owned by institutional investors.

In other eBay news, SVP Pete Thompson sold 1,400 shares of eBay stock in a transaction that occurred on Friday, December 17th. The stock was sold at an average price of $63.60, for a total value of $89,040.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert Holmes Swan sold 20,000 shares of eBay stock in a transaction that occurred on Friday, October 22nd. The shares were sold at an average price of $80.00, for a total value of $1,600,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 81,173 shares of company stock worth $6,202,690. Corporate insiders own 0.21% of the company’s stock.

Shares of NASDAQ EBAY opened at $64.89 on Monday. eBay Inc. has a 12-month low of $49.93 and a 12-month high of $81.19. The company has a current ratio of 3.35, a quick ratio of 3.35 and a debt-to-equity ratio of 0.71. The stock has a market cap of $42.18 billion, a P/E ratio of 3.56, a PEG ratio of 1.78 and a beta of 1.14. The business’s fifty day simple moving average is $71.42 and its 200-day simple moving average is $71.17.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, October 27th. The e-commerce company reported $0.90 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.18. eBay had a return on equity of 28.19% and a net margin of 112.88%. The business had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the firm earned $0.72 earnings per share. The business’s revenue was down 4.1% compared to the same quarter last year. On average, equities analysts forecast that eBay Inc. will post 3.34 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 17th. Investors of record on Wednesday, December 1st were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Tuesday, November 30th. eBay’s dividend payout ratio is currently 3.95%.

A number of equities analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on eBay in a report on Monday, November 22nd. They issued a “neutral” rating and a $83.00 target price for the company. Bank of America raised their price target on eBay from $77.00 to $79.00 and gave the stock a “neutral” rating in a research note on Thursday, October 28th. Credit Suisse Group raised their price target on eBay from $81.00 to $82.00 and gave the stock an “outperform” rating in a research note on Thursday, October 28th. Wolfe Research raised their price target on eBay from $74.00 to $84.00 and gave the stock an “outperform” rating in a research note on Thursday, October 28th. Finally, KeyCorp boosted their price target on eBay from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, October 28th. Fifteen investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $76.67.

eBay Profile

eBay, Inc operates as a commerce company. The company platforms include online marketplace and its localized counterparts, including off-platform businesses in South Korea, Japan, and Turkey, as well as eBay’s suite of mobile apps. The company technologies and services are designed to give buyers choice and a breadth of relevant inventory and to enable sellers worldwide to organize and offer their inventory for sale, virtually anytime and anywhere.

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