eBay Inc. (NASDAQ:EBAY) SVP Jae Hyun Lee sold 53,127 shares of the stock in a transaction on Wednesday, February 8th. The stock was sold at an average price of $32.78, for a total value of $1,741,503.06. Following the completion of the sale, the senior vice president now directly owns 106,513 shares in the company, valued at $3,491,496.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of eBay Inc. (NASDAQ:EBAY) traded up 0.729% on Monday, reaching $33.875. The company had a trading volume of 2,803,031 shares. The firm has a market capitalization of $36.82 billion, a PE ratio of 5.332 and a beta of 1.31. The firm’s 50 day moving average is $31.03 and its 200 day moving average is $30.57. eBay Inc. has a 12 month low of $22.23 and a 12 month high of $34.09.
eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, January 25th. The e-commerce company reported $0.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.54. eBay had a net margin of 80.92% and a return on equity of 24.13%. The firm earned $2.40 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the prior year, the company earned $0.50 EPS. The firm’s revenue was up 3.1% on a year-over-year basis. On average, equities research analysts expect that eBay Inc. will post $2.01 earnings per share for the current fiscal year.
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Several research firms recently commented on EBAY. Vetr raised eBay from a “hold” rating to a “strong-buy” rating and set a $33.04 price objective on the stock in a research report on Thursday, October 20th. Monness Crespi & Hardt reaffirmed a “buy” rating and set a $35.00 price objective on shares of eBay in a research report on Saturday, January 28th. Jefferies Group LLC set a $32.00 price objective on eBay and gave the company a “neutral” rating in a research report on Tuesday, January 24th. BMO Capital Markets reaffirmed a “hold” rating and set a $28.00 price objective on shares of eBay in a research report on Friday, October 21st. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $35.00 price objective on shares of eBay in a research report on Monday, October 17th. Four analysts have rated the stock with a sell rating, twenty have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $35.29.
Institutional investors have recently bought and sold shares of the stock. Aberdeen Asset Management PLC UK boosted its position in eBay by 4.8% in the second quarter. Aberdeen Asset Management PLC UK now owns 912,913 shares of the e-commerce company’s stock worth $21,372,000 after buying an additional 41,593 shares during the last quarter. Teachers Advisors LLC boosted its position in eBay by 5.4% in the third quarter. Teachers Advisors LLC now owns 2,844,831 shares of the e-commerce company’s stock worth $93,595,000 after buying an additional 145,154 shares during the last quarter. Boston Partners boosted its position in eBay by 5.3% in the third quarter. Boston Partners now owns 26,671,175 shares of the e-commerce company’s stock worth $877,482,000 after buying an additional 1,342,624 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp boosted its position in eBay by 11.7% in the second quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 210,400 shares of the e-commerce company’s stock worth $4,925,000 after buying an additional 22,000 shares during the last quarter. Finally, Sadoff Investment Management LLC boosted its position in eBay by 4.5% in the third quarter. Sadoff Investment Management LLC now owns 444,745 shares of the e-commerce company’s stock worth $14,632,000 after buying an additional 19,289 shares during the last quarter. 85.86% of the stock is owned by institutional investors.
eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online. The Company has an open source platform that provides software developers and merchants an access to its application programming interfaces for developing software and solutions for commerce.
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