Northstar Advisory Group LLC Boosts Holdings in eBay Inc. (NASDAQ:EBAY)

Northstar Advisory Group LLC lifted its position in eBay Inc. (NASDAQ:EBAY) by 70.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,698 shares of the e-commerce company’s stock after purchasing an additional 8,523 shares during the quarter. Northstar Advisory Group LLC’s holdings in eBay were worth $1,282,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Quarry LP bought a new position in shares of eBay during the 3rd quarter valued at about $36,000. USA Financial Formulas purchased a new stake in eBay in the third quarter worth approximately $38,000. Northwest Investment Counselors LLC bought a new position in eBay during the third quarter valued at approximately $50,000. Versant Capital Management Inc raised its stake in shares of eBay by 115.5% during the fourth 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 in the last quarter. Finally, Financial Management Professionals Inc. lifted its holdings in shares of eBay by 276.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 846 shares of the e-commerce company’s stock worth $55,000 after acquiring an additional 621 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Insiders Place Their Bets

In other eBay news, CFO Stephen J. Priest sold 5,252 shares of eBay stock in a transaction on Monday, December 16th. The stock was sold at an average price of $63.63, for a total value of $334,184.76. Following the completion of the sale, the chief financial officer now owns 65,080 shares of the company’s stock, valued at approximately $4,141,040.40. This trade represents a 7.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jamie Iannone sold 5,625 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $62.38, for a total value of $350,887.50. Following the transaction, the chief executive officer now directly owns 542,248 shares in the company, valued at approximately $33,825,430.24. The trade was a 1.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,283 shares of company stock valued at $1,715,462. 0.38% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on EBAY shares. The Goldman Sachs Group lifted their target price on shares of eBay from $46.00 to $55.00 and gave the stock a “sell” rating in a research report on Tuesday, October 15th. Benchmark reiterated a “buy” rating and issued a $65.00 price objective on shares of eBay in a report on Tuesday, October 29th. Needham & Company LLC restated a “buy” rating and set a $72.00 target price on shares of eBay in a report on Thursday, October 31st. Wells Fargo & Company decreased their price target on eBay from $63.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $62.00 target price on shares of eBay in a research note on Monday, October 7th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $62.96.

eBay Stock Down 0.3 %

Shares of NASDAQ EBAY traded down $0.18 on Monday, reaching $65.72. 4,120,157 shares of the company’s stock traded hands, compared to its average volume of 7,289,145. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.14. The business’s 50 day simple moving average is $63.23 and its two-hundred day simple moving average is $60.66. eBay Inc. has a 12 month low of $40.16 and a 12 month high of $71.52. The company has a market cap of $31.48 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 2.22 and a beta of 1.35.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date was Friday, November 29th. eBay’s payout ratio is 27.14%.

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.