OneDigital Investment Advisors LLC Sells 1,134 Shares of eBay Inc. (NASDAQ:EBAY)

OneDigital Investment Advisors LLC decreased its holdings in eBay Inc. (NASDAQ:EBAY) by 6.9% in the third quarter, HoldingsChannel.com reports. The fund owned 15,230 shares of the e-commerce company’s stock after selling 1,134 shares during the period. OneDigital Investment Advisors LLC’s holdings in eBay were worth $992,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EBAY. Ameriprise Financial Inc. raised its holdings in eBay by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 25,964,196 shares of the e-commerce company’s stock worth $1,394,797,000 after purchasing an additional 3,880,649 shares in the last quarter. Mirova US LLC increased its stake in eBay by 2.1% during the 2nd quarter. Mirova US LLC now owns 9,170,829 shares of the e-commerce company’s stock valued at $492,657,000 after purchasing an additional 189,505 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of eBay by 12.5% in the second quarter. Victory Capital Management Inc. now owns 7,536,843 shares of the e-commerce company’s stock worth $404,879,000 after buying an additional 838,969 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in eBay by 8.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,723,503 shares of the e-commerce company’s stock valued at $361,159,000 after acquiring an additional 530,941 shares in the last quarter. Finally, LSV Asset Management boosted its stake in eBay by 22.2% during the 2nd quarter. LSV Asset Management now owns 6,705,345 shares of the e-commerce company’s stock valued at $360,211,000 after purchasing an additional 1,216,885 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on EBAY. JPMorgan Chase & Co. reduced their price objective on eBay from $60.00 to $58.00 and set a “neutral” rating for the company in a report on Friday, November 1st. Barclays reduced their price objective on eBay from $65.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Evercore ISI raised their target price on eBay from $47.00 to $53.00 and gave the stock an “in-line” rating in a research report on Thursday, August 1st. StockNews.com downgraded shares of eBay from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Robert W. Baird lowered their target price on eBay from $70.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $62.87.

Insider Activity

In related news, CFO Stephen J. Priest sold 1,167 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $66.63, for a total transaction of $77,757.21. Following the transaction, the chief financial officer now directly owns 65,079 shares in the company, valued at approximately $4,336,213.77. This represents a 1.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Cornelius Boone sold 3,974 shares of the business’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $64.61, for a total value of $256,760.14. Following the transaction, the senior vice president now owns 70,113 shares of the company’s stock, valued at approximately $4,530,000.93. The trade was a 5.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,016 shares of company stock valued at $3,015,417. 0.38% of the stock is currently owned by insiders.

eBay Trading Down 0.0 %

Shares of EBAY opened at $61.41 on Tuesday. The company’s fifty day moving average is $63.57 and its 200 day moving average is $57.64. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a market capitalization of $29.42 billion, a PE ratio of 15.43, a P/E/G ratio of 1.60 and a beta of 1.34. eBay Inc. has a fifty-two week low of $38.97 and a fifty-two week high of $67.80.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Friday, November 29th. eBay’s dividend payout ratio (DPR) is 27.14%.

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.