eBay Inc. (NASDAQ:EBAY) Shares Purchased by Triodos Investment Management BV

Triodos Investment Management BV increased its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 25.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 696,998 shares of the e-commerce company's stock after purchasing an additional 143,500 shares during the period. eBay makes up approximately 3.3% of Triodos Investment Management BV's holdings, making the stock its 12th largest position. Triodos Investment Management BV owned 0.14% of eBay worth $37,443,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in eBay during the 2nd quarter worth $26,000. LRI Investments LLC acquired a new stake in eBay in the first quarter valued at $29,000. Hobbs Group Advisors LLC acquired a new stake in eBay in the second quarter valued at $29,000. Washington Trust Advisors Inc. acquired a new stake in eBay during the 1st quarter worth about $30,000. Finally, Jones Financial Companies Lllp boosted its position in shares of eBay by 73.5% during the 4th quarter. Jones Financial Companies Lllp now owns 732 shares of the e-commerce company's stock worth $32,000 after purchasing an additional 310 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Insider Buying and Selling at eBay

In related news, SVP Edward O. Garcia sold 986 shares of the business's stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of $52.85, for a total value of $52,110.10. Following the completion of the transaction, the senior vice president now owns 37,126 shares of the company's stock, valued at approximately $1,962,109.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other eBay news, SVP Edward O. Garcia sold 986 shares of the company's stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $52.85, for a total value of $52,110.10. Following the completion of the transaction, the senior vice president now owns 37,126 shares in the company, valued at approximately $1,962,109.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Rebecca Spencer sold 2,083 shares of the company's stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $53.62, for a total value of $111,690.46. Following the completion of the transaction, the chief accounting officer now directly owns 4,109 shares in the company, valued at $220,324.58. The disclosure for this sale can be found here. 0.38% of the stock is owned by corporate insiders.

Analyst Ratings Changes

EBAY has been the subject of several analyst reports. JPMorgan Chase & Co. initiated coverage on shares of eBay in a research note on Tuesday, June 25th. They issued a "neutral" rating and a $60.00 price objective for the company. Robert W. Baird boosted their price target on shares of eBay from $58.00 to $62.00 and gave the stock an "outperform" rating in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of eBay from $60.00 to $64.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. StockNews.com upgraded shares of eBay from a "buy" rating to a "strong-buy" rating in a research report on Thursday, June 27th. Finally, Wolfe Research initiated coverage on shares of eBay in a research note on Tuesday, July 16th. They issued a "peer perform" rating on the stock. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, eBay has a consensus rating of "Hold" and an average price target of $56.65.

eBay Stock Up 1.3 %

EBAY stock traded up $0.77 during midday trading on Friday, reaching $59.10. 5,430,169 shares of the company were exchanged, compared to its average volume of 4,181,275. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market cap of $28.90 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 2.30 and a beta of 1.31. The stock's 50-day simple moving average is $55.15 and its 200 day simple moving average is $52.37. eBay Inc. has a 1-year low of $37.17 and a 1-year high of $59.85.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a $0.27 dividend. The ex-dividend date is Friday, August 30th. This represents a $1.08 dividend on an annualized basis and a yield of 1.83%. eBay's dividend payout ratio (DPR) is 21.51%.

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.