eBay Inc. (NASDAQ:EBAY) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 2,669 put options on the stock. This is an increase of approximately 388% compared to the average daily volume of 547 put options.

In related news, VP Brian J. Doerger sold 12,904 shares of the company’s stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $33.57, for a total transaction of $433,187.28. Following the completion of the transaction, the vice president now owns 33,604 shares of the company’s stock, valued at $1,128,086.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Stephen Fisher sold 33,008 shares of the company’s stock in a transaction that occurred on Monday, April 24th. The stock was sold at an average price of $32.35, for a total transaction of $1,067,808.80. Following the transaction, the senior vice president now directly owns 109,468 shares of the company’s stock, valued at approximately $3,541,289.80. The disclosure for this sale can be found here. Insiders have sold 85,712 shares of company stock valued at $2,877,612 in the last ninety days. 6.78% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital One National Association boosted its position in shares of eBay by 0.5% in the first quarter. Capital One National Association now owns 7,255 shares of the e-commerce company’s stock worth $244,000 after buying an additional 39 shares during the last quarter. Welch & Forbes LLC boosted its position in shares of eBay by 0.6% in the first quarter. Welch & Forbes LLC now owns 7,708 shares of the e-commerce company’s stock worth $259,000 after buying an additional 45 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV boosted its position in shares of eBay by 0.3% in the first quarter. Hudson Valley Investment Advisors Inc. ADV now owns 15,473 shares of the e-commerce company’s stock worth $519,000 after buying an additional 50 shares during the last quarter. Alpha Windward LLC boosted its position in shares of eBay by 1.1% in the first quarter. Alpha Windward LLC now owns 5,531 shares of the e-commerce company’s stock worth $186,000 after buying an additional 59 shares during the last quarter. Finally, Usca Ria LLC boosted its position in shares of eBay by 1.3% in the first quarter. Usca Ria LLC now owns 7,826 shares of the e-commerce company’s stock worth $263,000 after buying an additional 100 shares during the last quarter. 84.97% of the stock is owned by institutional investors.

Several equities analysts recently commented on the stock. Jefferies Group LLC set a $36.00 price target on shares of eBay and gave the stock a “hold” rating in a research report on Thursday. Robert W. Baird reaffirmed an “outperform” rating on shares of eBay in a research report on Monday, July 3rd. Goldman Sachs Group, Inc. (The) set a $42.00 price target on shares of eBay and gave the stock a “buy” rating in a research report on Wednesday, June 28th. Aegis upped their price target on shares of eBay from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, June 27th. Finally, Cantor Fitzgerald reaffirmed a “hold” rating on shares of eBay in a research report on Monday, June 26th. Two investment 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 currently has an average rating of “Hold” and a consensus target price of $35.70.

eBay (EBAY) opened at 34.23 on Friday. The company has a 50-day moving average of $34.72 and a 200-day moving average of $32.99. The company has a market cap of $37.05 billion, a price-to-earnings ratio of 4.93 and a beta of 1.36. eBay has a 12 month low of $23.30 and a 12 month high of $36.50.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. eBay had a return on equity of 20.44% and a net margin of 86.31%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the business earned $0.47 earnings per share. Analysts predict that eBay will post $2.01 EPS for the current year.

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eBay Company Profile

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.

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