V Square Quantitative Management LLC Has $1.20 Million Holdings in eBay Inc. (NASDAQ:EBAY)

V Square Quantitative Management LLC grew its position in eBay Inc. (NASDAQ:EBAY) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,431 shares of the e-commerce company’s stock after purchasing an additional 1,285 shares during the period. V Square Quantitative Management LLC’s holdings in eBay were worth $1,204,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of EBAY. Golden State Wealth Management LLC acquired a new stake in eBay in the 4th quarter valued at approximately $27,000. Quarry LP bought a new position in shares of eBay during the 3rd quarter worth approximately $36,000. New Wave Wealth Advisors LLC bought a new position in shares of eBay during the 4th quarter worth approximately $36,000. Northwest Investment Counselors LLC bought a new position in shares of eBay during the 3rd quarter worth approximately $50,000. Finally, Versant Capital Management Inc increased its holdings in eBay by 115.5% during the 4th quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company’s stock valued at $52,000 after purchasing an additional 448 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Price Performance

eBay stock opened at $69.90 on Friday. eBay Inc. has a 12 month low of $42.14 and a 12 month high of $71.52. The stock’s 50 day moving average is $65.18 and its 200-day moving average is $62.73. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $33.48 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 2.15 and a beta of 1.35.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on EBAY shares. Morgan Stanley raised their price target on eBay from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Stifel Nicolaus lifted their target price on eBay from $56.00 to $64.00 and gave the company a “hold” rating in a research note on Monday, October 28th. TD Cowen lifted their target price on eBay from $45.00 to $54.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Bank of America lowered their target price on eBay from $67.00 to $64.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Finally, JMP Securities reissued a “market perform” rating on shares of eBay in a research note on Monday, December 16th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $63.13.

Insider Activity

In other news, CEO Jamie Iannone sold 5,625 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $67.25, for a total value of $378,281.25. Following the completion of the transaction, the chief executive officer now directly owns 530,998 shares in the company, valued at approximately $35,709,615.50. This represents a 1.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Stephen J. Priest sold 5,252 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $63.63, for a total value of $334,184.76. Following the completion of the transaction, the chief financial officer now owns 65,080 shares of the company’s stock, valued at $4,141,040.40. The trade was a 7.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 27,149 shares of company stock valued at $1,746,065. 0.38% of the stock is owned by insiders.

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.