eBay Inc. (NASDAQ:EBAY) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 31,236,877 shares, a growth of 22.6% from the November 15th total of 25,485,405 shares. Based on an average daily trading volume, of 9,228,743 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.2% of the shares of the stock are short sold.

eBay (EBAY) opened at $37.44 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46. eBay has a 52-week low of $29.01 and a 52-week high of $39.28. The firm has a market capitalization of $39,328.10, a PE ratio of 23.53, a price-to-earnings-growth ratio of 2.89 and a beta of 1.33.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 18th. The e-commerce company reported $0.48 earnings per share for the quarter, hitting the consensus estimate of $0.48. eBay had a return on equity of 15.69% and a net margin of 80.45%. The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the firm posted $0.45 EPS. The business’s revenue was up 8.7% compared to the same quarter last year. sell-side analysts anticipate that eBay will post 1.65 earnings per share for the current year.

In other news, SVP Marie Oh Huber sold 72,417 shares of the company’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $37.53, for a total transaction of $2,717,810.01. Following the completion of the sale, the senior vice president now directly owns 101,589 shares of the company’s stock, valued at $3,812,635.17. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Raymond J. Pittman sold 31,400 shares of the company’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $35.58, for a total value of $1,117,212.00. Following the sale, the senior vice president now directly owns 74,334 shares of the company’s stock, valued at $2,644,803.72. The disclosure for this sale can be found here. Insiders have sold 184,242 shares of company stock valued at $6,842,297 in the last ninety days. Company insiders own 6.78% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Captrust Financial Advisors acquired a new position in shares of eBay during the 2nd quarter valued at about $108,000. Valeo Financial Advisors LLC acquired a new position in shares of eBay during the 3rd quarter valued at about $122,000. BB&T Investment Services Inc. acquired a new position in shares of eBay during the 2nd quarter valued at about $119,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of eBay during the 2nd quarter valued at about $123,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of eBay during the 3rd quarter valued at about $139,000. 86.06% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently issued reports on EBAY shares. Canaccord Genuity reissued a “hold” rating and issued a $34.00 price objective on shares of eBay in a research note on Wednesday, September 6th. SunTrust Banks started coverage on eBay in a research note on Tuesday, August 15th. They issued a “hold” rating and a $38.00 price objective for the company. DA Davidson started coverage on eBay in a research note on Wednesday, September 13th. They issued a “buy” rating and a $45.00 price objective for the company. Robert W. Baird reissued a “buy” rating and issued a $38.00 price objective on shares of eBay in a research note on Monday, October 16th. Finally, Atlantic Securities set a $40.00 price objective on eBay and gave the stock a “neutral” rating in a research note on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and eighteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $38.51.

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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.

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