eBay Inc. (NASDAQ:EBAY) Stock Position Cut by M Holdings Securities Inc.

M Holdings Securities Inc. cut its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 93.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 771 shares of the e-commerce company's stock after selling 11,667 shares during the period. M Holdings Securities Inc.'s holdings in eBay were worth $48,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in shares of eBay in the 4th quarter valued at about $27,000. Quarry LP acquired a new stake in shares of eBay in the third quarter valued at approximately $36,000. New Wave Wealth Advisors LLC acquired a new stake in shares of eBay in the fourth quarter valued at approximately $36,000. Lee Danner & Bass Inc. acquired a new position in shares of eBay in the 4th quarter valued at $40,000. Finally, Versant Capital Management Inc increased its holdings in shares of eBay by 115.5% in the 4th quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company's stock valued at $52,000 after acquiring an additional 448 shares during the period. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Price Performance

Shares of NASDAQ EBAY traded down $0.69 during trading on Wednesday, reaching $65.61. The company had a trading volume of 2,024,264 shares, compared to its average volume of 4,733,141. 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 Inc. has a twelve month low of $48.52 and a twelve month high of $71.61. The stock has a 50-day moving average price of $67.04 and a two-hundred day moving average price of $64.82. The stock has a market capitalization of $30.57 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 2.22 and a beta of 1.45.

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eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.29 per share. This is an increase from eBay's previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.77%. eBay's dividend payout ratio is presently 29.07%.

Insider Buying and Selling at eBay

In other eBay news, CFO Stephen J. Priest sold 1,033 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $64.93, for a total value of $67,072.69. Following the completion of the sale, the chief financial officer now owns 65,080 shares of the company's stock, valued at $4,225,644.40. This trade represents a 1.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 5,625 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $62.38, for a total value of $350,887.50. Following the completion of the transaction, the chief executive officer now owns 542,248 shares in the company, valued at approximately $33,825,430.24. This trade represents a 1.03 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 16,241 shares of company stock worth $1,061,665. Insiders own 0.38% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on EBAY shares. BMO Capital Markets raised their price objective on shares of eBay from $59.00 to $63.00 and gave the stock a "market perform" rating in a research report on Thursday, February 27th. Bank of America lowered their price target on eBay from $72.00 to $71.00 and set a "neutral" rating on the stock in a report on Thursday, February 27th. Stifel Nicolaus reduced their price objective on eBay from $64.00 to $63.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Morgan Stanley lifted their target price on eBay from $70.00 to $72.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Finally, Wedbush initiated coverage on shares of eBay in a research note on Monday, December 9th. They issued a "neutral" rating and a $70.00 target price for the company. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price 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.