JB Capital LLC Has $11.87 Million Position in eBay Inc. (NASDAQ:EBAY)

JB Capital LLC boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 191,608 shares of the e-commerce company’s stock after buying an additional 7,160 shares during the period. eBay makes up about 0.7% of JB Capital LLC’s investment portfolio, making the stock its 26th biggest position. JB Capital LLC’s holdings in eBay were worth $11,870,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Quarry LP bought a new stake in eBay in the third quarter valued at approximately $36,000. New Wave Wealth Advisors LLC bought a new stake in eBay in the fourth quarter valued at approximately $36,000. USA Financial Formulas acquired a new stake in shares of eBay during the third quarter worth $38,000. Northwest Investment Counselors LLC acquired a new stake in shares of eBay during the third quarter worth $50,000. Finally, Versant Capital Management Inc raised its holdings 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 during the period. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Stock Performance

Shares of EBAY stock opened at $67.48 on Monday. The company has a market capitalization of $32.32 billion, a price-to-earnings ratio of 16.95, a PEG ratio of 2.15 and a beta of 1.35. 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 company has a 50-day simple moving average of $64.46 and a 200 day simple moving average of $61.91. eBay Inc. has a 52 week low of $40.74 and a 52 week high of $71.52.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $63.21, for a total value of $355,556.25. Following the completion of the transaction, the chief executive officer now directly owns 531,167 shares in the company, valued at approximately $33,575,066.07. The trade was a 1.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Stephen J. Priest sold 1,033 shares of the company’s 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 transaction, the chief financial officer now owns 65,080 shares of the company’s stock, valued at approximately $4,225,644.40. This represents a 1.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,524 shares of company stock valued at $1,367,784 in the last quarter. Company insiders own 0.38% of the company’s stock.

Wall Street Analysts Forecast Growth

EBAY has been the topic of a number of research analyst reports. Piper Sandler raised their price objective on shares of eBay from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Robert W. Baird dropped their price objective on shares of eBay from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Morgan Stanley raised their price objective on shares of eBay from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Stifel Nicolaus raised their price objective on shares of eBay from $56.00 to $64.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Finally, Wells Fargo & Company lowered their price target on shares of eBay from $62.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $62.83.

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.