Commerzbank Aktiengesellschaft FI Buys 826 Shares of eBay Inc. (NASDAQ:EBAY)

Commerzbank Aktiengesellschaft FI boosted its stake in eBay Inc. (NASDAQ:EBAY) by 6.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,504 shares of the e-commerce company’s stock after acquiring an additional 826 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in eBay were worth $837,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Cypress Wealth Services LLC lifted 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 buying an additional 157 shares in the last quarter. IFP Advisors Inc lifted its position in eBay by 7.2% during the 4th quarter. IFP Advisors Inc now owns 2,417 shares of the e-commerce company’s stock worth $150,000 after buying an additional 163 shares in the last quarter. Capital Investment Advisors LLC lifted its position in eBay by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 4,226 shares of the e-commerce company’s stock worth $262,000 after buying an additional 167 shares in the last quarter. Bailard Inc. increased its stake in shares of eBay by 0.5% during the 4th quarter. Bailard Inc. now owns 34,651 shares of the e-commerce company’s stock worth $2,147,000 after purchasing an additional 169 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its stake in shares of eBay by 1.2% during the 4th quarter. Kathmere Capital Management LLC now owns 14,250 shares of the e-commerce company’s stock worth $883,000 after purchasing an additional 173 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $66.67 on Wednesday. The company has a 50 day moving average of $66.31 and a 200 day moving average of $63.98. The stock has a market cap of $31.07 billion, a P/E ratio of 16.75, a P/E/G ratio of 2.22 and a beta of 1.45. eBay Inc. has a 12 month low of $48.52 and a 12 month high of $71.61. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14.

eBay Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, March 14th. This is a positive change from eBay’s previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a yield of 1.74%. eBay’s payout ratio is presently 29.07%.

Wall Street Analyst Weigh In

EBAY has been the topic of several recent analyst reports. Cantor Fitzgerald boosted their price objective on shares of eBay from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, February 27th. Truist Financial boosted their price objective on shares of eBay from $58.00 to $62.00 and gave the stock a “hold” rating in a research note on Tuesday, November 5th. Susquehanna boosted their price objective on shares of eBay from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday. Barclays set a $72.00 price objective on shares of eBay and gave the stock an “overweight” rating in a research note on Thursday, February 27th. Finally, JMP Securities reiterated a “market perform” rating on shares of eBay in a research note on Monday, December 16th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $65.54.

Insider Buying and Selling at eBay

In related news, SVP Cornelius Boone sold 3,989 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $65.20, for a total transaction of $260,082.80. Following the completion of the sale, the senior vice president now directly owns 71,469 shares in the company, valued at $4,659,778.80. This represents a 5.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Stephen J. Priest sold 5,252 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $63.63, for a total transaction of $334,184.76. Following the sale, the chief financial officer now owns 65,080 shares of the company’s stock, valued at $4,141,040.40. This represents a 7.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,524 shares of company stock worth $1,390,509 over the last three months. 0.38% of the stock is owned by insiders.

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.