eBay Inc. (NASDAQ:EBAY) Shares Purchased by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 43.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,398 shares of the e-commerce company's stock after purchasing an additional 13,689 shares during the period. Mizuho Securities USA LLC's holdings in eBay were worth $2,812,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in EBAY. Advisors Asset Management Inc. lifted its holdings in shares of eBay by 22.1% in the third quarter. Advisors Asset Management Inc. now owns 10,969 shares of the e-commerce company's stock worth $714,000 after buying an additional 1,984 shares in the last quarter. Eagle Asset Management Inc. raised its holdings in eBay by 3.4% during the 3rd quarter. Eagle Asset Management Inc. now owns 105,641 shares of the e-commerce company's stock valued at $6,538,000 after buying an additional 3,498 shares during the period. Raymond James Trust N.A. boosted its stake in eBay by 11.6% during the third quarter. Raymond James Trust N.A. now owns 12,477 shares of the e-commerce company's stock worth $812,000 after buying an additional 1,299 shares during the period. Cerity Partners LLC lifted its holdings in shares of eBay by 30.0% in the 3rd quarter. Cerity Partners LLC now owns 90,569 shares of the e-commerce company's stock worth $5,897,000 after acquiring an additional 20,899 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of eBay by 15.1% during the third quarter. Larson Financial Group LLC now owns 2,981 shares of the e-commerce company's stock valued at $194,000 after buying an additional 391 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

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eBay Trading Down 0.4 %

NASDAQ:EBAY traded down $0.24 during mid-day trading on Tuesday, reaching $66.30. The company's stock had a trading volume of 4,083,981 shares, compared to its average volume of 4,748,370. eBay Inc. has a twelve month low of $48.52 and a twelve month high of $71.61. The company's fifty day simple moving average is $67.01 and its two-hundred day simple moving average is $64.77. 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 stock has a market cap of $30.90 billion, a P/E ratio of 16.66, a P/E/G ratio of 2.22 and a beta of 1.45.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.75%. This is an increase from eBay's previous quarterly dividend of $0.27. The ex-dividend date is Friday, March 14th. eBay's dividend payout ratio (DPR) is 29.07%.

Insider Activity

In other news, CFO Stephen J. Priest sold 1,033 shares of the stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $64.93, for a total transaction of $67,072.69. Following the completion of the transaction, the chief financial officer now directly owns 65,080 shares in the company, valued at approximately $4,225,644.40. This represents a 1.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 3,958 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $67.06, for a total transaction of $265,423.48. Following the transaction, the senior vice president now owns 94,392 shares in the company, valued at $6,329,927.52. This trade represents a 4.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,241 shares of company stock valued at $1,061,665 in the last three months. Corporate insiders own 0.38% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company restated an "equal weight" rating on shares of eBay in a research note on Thursday, February 27th. JPMorgan Chase & Co. boosted their target price on shares of eBay from $58.00 to $60.00 and gave the stock a "neutral" rating in a research report on Thursday, February 27th. Susquehanna lifted their target price on eBay from $60.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday, March 3rd. StockNews.com raised shares of eBay from a "hold" rating to a "buy" rating in a report on Friday, February 28th. Finally, Citigroup lifted their price target on eBay from $75.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $65.54.

About eBay

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.