1,771 Shares in eBay Inc. (NASDAQ:EBAY) Purchased by Atala Financial Inc

Atala Financial Inc acquired a new position in eBay Inc. (NASDAQ:EBAY) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,771 shares of the e-commerce company’s stock, valued at approximately $110,000.

Other large investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in eBay in the 4th quarter worth about $27,000. Quarry LP purchased a new stake in eBay in the 3rd quarter worth about $36,000. New Wave Wealth Advisors LLC purchased a new stake in eBay in the 4th quarter worth about $36,000. Versant Capital Management Inc increased its holdings in eBay by 115.5% in the 4th quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company’s stock worth $52,000 after acquiring an additional 448 shares during the last quarter. Finally, Washington Trust Advisors Inc. increased its holdings in eBay by 37.8% in the 4th quarter. Washington Trust Advisors Inc. now owns 839 shares of the e-commerce company’s stock worth $52,000 after acquiring an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

NASDAQ:EBAY opened at $65.28 on Friday. 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 business has a 50 day moving average of $66.97 and a 200 day moving average of $64.37. The company has a market capitalization of $30.42 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 2.22 and a beta of 1.45. eBay Inc. has a 1-year low of $48.52 and a 1-year high of $71.61.

eBay Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.29 dividend. This is a boost from eBay’s previous quarterly dividend of $0.27. This represents a $1.16 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Friday, March 14th. eBay’s payout ratio is 29.07%.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at $35,709,615.50. The trade was a 1.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Stephen J. Priest sold 5,252 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $63.63, for a total value of $334,184.76. Following the transaction, the chief financial officer now directly owns 65,080 shares in the company, valued at $4,141,040.40. This trade represents a 7.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,524 shares of company stock valued at $1,390,509 in the last ninety days. Company insiders own 0.38% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Stifel Nicolaus decreased their price objective on eBay from $64.00 to $63.00 and set a “hold” rating for the company in a report on Thursday, February 27th. Barclays set a $72.00 target price on eBay and gave the company an “overweight” rating in a report on Thursday, February 27th. Susquehanna lifted their target price on eBay from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, March 3rd. Citigroup lifted their target price on eBay from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of eBay in a report on Monday, December 16th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $65.54.

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.