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eBay (NASDAQ:EBAY) SVP Alan Lee Marks sold 6,750 shares of eBay stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $52.21, for a total value of $352,417.50. Following the completion of the transaction, the senior vice president now directly owns 83,773 shares in the company, valued at approximately $4,373,788. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

eBay (NASDAQ:EBAY) traded down 2.67% during mid-day trading on Wednesday, hitting $50.39. The stock had a trading volume of 18,819,552 shares. eBay has a 52 week low of $48.06 and a 52 week high of $59.70. The stock has a 50-day moving average of $52.72 and a 200-day moving average of $53.77. The company’s market cap is $63.861 billion.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. The company had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $4.23 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. On average, analysts predict that eBay will post $2.99 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on EBAY shares. Analysts at SunTrust downgraded shares of eBay from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 7th. They now have a $58.00 price target on the stock, down previously from $62.00. Separately, analysts at TheStreet downgraded shares of eBay from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st. Finally, analysts at CRT Capital reiterated a “fairly valued” rating on shares of eBay in a research note on Wednesday, April 30th. They now have a $55.00 price target on the stock. Thirteen analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $61.48.

eBay Inc, is a global technology company. The Company enables commerce through three reportable segments: Marketplaces, Payments, and GSI.

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