eBay Inc. (NASDAQ:EBAY) Shares Sold by Koshinski Asset Management Inc. - Defense World

Summary

Koshinski Asset Management Inc. decreased its position in shares of eBay Inc. (NASDAQ:EBAY – Get Rating) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,166 shares of the e-commerce company’s stock after selling 333 shares during the quarter. Koshinski Asset Management Inc.’s holdings in eBay were worth $124,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Wedbush Securities Inc. lifted its position in eBay by 27.1% in the first quarter. Wedbush Securities Inc. now owns 14,347 shares of the e-commerce company’s stock valued at $821,000 after buying an additional 3,063 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in eBay by 1.2% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,768,219 shares of the e-commerce company’s stock valued at $184,087,000 after buying an additional 33,168 shares during the last quarter. MML Investors Services LLC lifted its position in eBay by 1.0% in the fourth quarter. MML Investors Services LLC now owns 65,377 shares of the e-commerce company’s stock valued at $4,348,000 after buying an additional 656 shares during the last quarter. Strs Ohio lifted its position in eBay by 0.8% in the fourth quarter. Strs Ohio now owns 237,344 shares of the e-commerce company’s stock valued at $15,783,000 after buying an additional 1,856 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its position in eBay by 46.2% in the fourth quarter. Kestra Advisory Services LLC now owns 31,171 shares of the e-commerce company’s stock valued at $2,073,000 after buying an additional 9,846 shares during the last quarter. 88.99% of the stock is currently owned by hedge funds and other institutional investors.

Koshinski Asset Management Inc. decreased its position in shares of eBay Inc. (NASDAQ:EBAY – Get Rating) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,166 shares of the e-commerce company’s stock after selling 333 shares during the quarter. Koshinski Asset Management Inc.’s holdings in eBay were worth $124,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Wedbush Securities Inc. lifted its position in eBay by 27.1% in the first quarter. Wedbush Securities Inc. now owns 14,347 shares of the e-commerce company’s stock valued at $821,000 after buying an additional 3,063 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in eBay by 1.2% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,768,219 shares of the e-commerce company’s stock valued at $184,087,000 after buying an additional 33,168 shares during the last quarter. MML Investors Services LLC lifted its position in eBay by 1.0% in the fourth quarter. MML Investors Services LLC now owns 65,377 shares of the e-commerce company’s stock valued at $4,348,000 after buying an additional 656 shares during the last quarter. Strs Ohio lifted its position in eBay by 0.8% in the fourth quarter. Strs Ohio now owns 237,344 shares of the e-commerce company’s stock valued at $15,783,000 after buying an additional 1,856 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its position in eBay by 46.2% in the fourth quarter. Kestra Advisory Services LLC now owns 31,171 shares of the e-commerce company’s stock valued at $2,073,000 after buying an additional 9,846 shares during the last quarter. 88.99% of the stock is currently owned by hedge funds and other institutional investors.

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EBAY has been the topic of a number of recent analyst reports. StockNews.com initiated coverage on shares of eBay in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Benchmark decreased their target price on shares of eBay from $71.00 to $67.00 in a research report on Thursday, May 5th. The Goldman Sachs Group lowered shares of eBay from a “neutral” rating to a “sell” rating and cut their price target for the stock from $52.00 to $42.00 in a research note on Thursday, June 9th. Argus cut their price target on shares of eBay from $88.00 to $69.00 and set a “buy” rating on the stock in a research note on Tuesday, March 22nd. Finally, Mizuho cut their price target on shares of eBay from $60.00 to $50.00 in a research note on Friday, May 6th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $62.78.

In other news, CAO Brian J. Doerger sold 7,942 shares of the stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $45.16, for a total value of $358,660.72. Following the completion of the sale, the chief accounting officer now directly owns 18,562 shares of the company’s stock, valued at $838,259.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CAO Brian J. Doerger sold 3,633 shares of the stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $47.95, for a total value of $174,202.35. Following the completion of the sale, the chief accounting officer now directly owns 14,929 shares of the company’s stock, valued at $715,845.55. The disclosure for this sale can be found here . Corporate insiders own 0.21% of the company’s stock.

Shares of EBAY opened at $43.93 on Wednesday. The stock has a 50 day moving average price of $46.22 and a 200 day moving average price of $54.10. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $24.59 billion, a price-to-earnings ratio of 2.58, a price-to-earnings-growth ratio of 1.40 and a beta of 1.18. eBay Inc. has a 52-week low of $40.52 and a 52-week high of $81.19.

eBay (NASDAQ:EBAY – Get Rating) last announced its quarterly earnings results on Wednesday, May 4th. The e-commerce company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.14). The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.46 billion. eBay had a net margin of 113.26% and a return on equity of 20.91%. The business’s revenue for the quarter was down 17.2% compared to the same quarter last year. During the same period last year, the company earned $0.94 earnings per share. On average, equities analysts anticipate that eBay Inc. will post 3.24 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 17th. Investors of record on Wednesday, June 1st were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Tuesday, May 31st. eBay’s dividend payout ratio (DPR) is 5.16%.

eBay Company Profile (Get Rating)

eBay Inc operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, directories, search engines, commerce participants, shopping channels, and networks.

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Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAY – Get Rating).

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eBay Inc. (NASDAQ:EBAY) Shares Sold by Koshinski Asset Management Inc. - Defense World
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