Insider Selling: eBay Inc. (EBAY) Director Sells $200,145.92 in Stock

eBay Inc. (NASDAQ:EBAY) Director Thomas J. Tierney sold 6,014 shares of the company’s stock in a transaction on Wednesday, February 8th. The stock was sold at an average price of $33.28, for a total value of $200,145.92. Following the transaction, the director now directly owns 28,525 shares in the company, valued at $949,312. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of eBay Inc. (NASDAQ:EBAY) opened at 33.80 on Tuesday. The stock has a market cap of $36.74 billion, a P/E ratio of 5.32 and a beta of 1.31. eBay Inc. has a 12-month low of $22.23 and a 12-month high of $34.09. The company’s 50-day moving average is $31.15 and its 200-day moving average is $30.57.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, January 25th. The e-commerce company reported $0.54 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.54. The company earned $2.40 billion during the quarter, compared to analyst estimates of $2.40 billion. eBay had a return on equity of 24.13% and a net margin of 80.92%. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 EPS. On average, analysts expect that eBay Inc. will post $2.01 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for eBay (NASDAQ:EBAY)

“Insider Selling: eBay Inc. (EBAY) Director Sells $200,145.92 in Stock” was first published by sleekmoney and is owned by of sleekmoney. If you are accessing this report on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this report can be viewed at http://sleekmoney.com/insider-selling-ebay-inc-ebay-director-sells-200145-92-in-stock/1660132.html.

Institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC acquired a new position in shares of eBay during the fourth quarter valued at about $100,000. Physicians Financial Services Inc. raised its position in shares of eBay by 10.0% in the third quarter. Physicians Financial Services Inc. now owns 3,300 shares of the e-commerce company’s stock valued at $108,000 after buying an additional 300 shares in the last quarter. NEXT Financial Group Inc raised its position in shares of eBay by 39.2% in the third quarter. NEXT Financial Group Inc now owns 3,411 shares of the e-commerce company’s stock valued at $112,000 after buying an additional 960 shares in the last quarter. Advisory Services Network LLC raised its position in shares of eBay by 3.2% in the second quarter. Advisory Services Network LLC now owns 4,883 shares of the e-commerce company’s stock valued at $114,000 after buying an additional 150 shares in the last quarter. Finally, Hartford Financial Management Inc. raised its position in shares of eBay by 2.9% in the third quarter. Hartford Financial Management Inc. now owns 3,570 shares of the e-commerce company’s stock valued at $117,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 85.86% of the company’s stock.

A number of equities analysts have recently issued reports on EBAY shares. Robert W. Baird reaffirmed an “outperform” rating and set a $35.00 price target on shares of eBay in a research report on Wednesday, October 26th. Stifel Nicolaus boosted their price objective on shares of eBay from $31.00 to $35.00 and gave the company a “hold” rating in a report on Thursday, January 26th. Vetr raised shares of eBay from a “hold” rating to a “strong-buy” rating and set a $33.04 price objective on the stock in a report on Thursday, October 20th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $35.00 price objective (up from $34.00) on shares of eBay in a report on Thursday, October 20th. Finally, Benchmark Co. boosted their price objective on shares of eBay from $33.00 to $38.00 and gave the company a “buy” rating in a report on Monday, October 17th. Four analysts have rated the stock with a sell rating, twenty have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $35.29.

eBay Company Profile

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.

5 Day Chart for NASDAQ:EBAY

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/insider-selling-ebay-inc-ebay-director-sells-200145-92-in-stock/1660132.html

Receive News & Ratings for eBay Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *