eBay Inc (NASDAQ:EBAY) Director Robert Holmes Swan sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $35.00, for a total value of $875,000.00. Following the sale, the director now owns 286,562 shares in the company, valued at $10,029,670. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

eBay Inc (NASDAQ:EBAY) traded down 0.91% during trading on Friday, reaching $34.90. The company’s stock had a trading volume of 6,622,496 shares. The company’s 50 day moving average price is $33.74 and its 200-day moving average price is $31.88. eBay Inc has a 1-year low of $22.30 and a 1-year high of $35.30. The stock has a market cap of $37.77 billion, a P/E ratio of 5.03 and a beta of 1.31. eBay also saw some unusual options trading on Tuesday. Stock investors purchased 5,297 call options on the stock. This represents an increase of approximately 1,146% compared to the typical daily volume of 425 call options.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.01. eBay had a return on equity of 24.13% and a net margin of 80.92%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same quarter last year, the company posted $0.47 EPS. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. Equities analysts forecast 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)

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Several institutional investors have recently modified their holdings of the stock. BlackRock Inc. raised its position in shares of eBay by 2,424.9% in the first quarter. BlackRock Inc. now owns 62,409,458 shares of the e-commerce company’s stock valued at $2,095,089,000 after buying an additional 59,937,723 shares during the last quarter. State Street Corp raised its position in shares of eBay by 0.7% in the fourth quarter. State Street Corp now owns 43,758,521 shares of the e-commerce company’s stock valued at $1,299,174,000 after buying an additional 309,791 shares during the last quarter. Wellington Management Group LLP raised its position in shares of eBay by 169.5% in the first quarter. Wellington Management Group LLP now owns 37,211,205 shares of the e-commerce company’s stock valued at $1,249,180,000 after buying an additional 23,404,909 shares during the last quarter. Boston Partners raised its position in shares of eBay by 1.9% in the first quarter. Boston Partners now owns 29,574,853 shares of the e-commerce company’s stock valued at $992,828,000 after buying an additional 544,112 shares during the last quarter. Finally, Jackson Square Partners LLC raised its position in shares of eBay by 0.7% in the third quarter. Jackson Square Partners LLC now owns 24,769,943 shares of the e-commerce company’s stock valued at $814,931,000 after buying an additional 161,127 shares during the last quarter. Institutional investors own 85.86% of the company’s stock.

A number of research firms have recently issued reports on EBAY. Canaccord Genuity restated a “hold” rating and set a $32.00 price objective on shares of eBay in a research report on Thursday. ValuEngine cut eBay from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th. Vetr cut eBay from a “strong-buy” rating to a “buy” rating and set a $38.72 price objective on the stock. in a research report on Wednesday. BMO Capital Markets restated a “hold” rating and set a $36.00 price objective on shares of eBay in a research report on Monday, April 17th. Finally, Macquarie restated a “neutral” rating and set a $39.00 price objective on shares of eBay in a research report on Tuesday, April 18th. Two equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and seventeen have given a buy rating to the company. eBay presently has an average rating of “Hold” and a consensus price target of $35.16.

About eBay

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

12 Month Chart for NASDAQ:EBAY

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