The eBay Inc. (EBAY) SVP Sold $1,161,108.80 in Stock

The eBay Inc. (EBAY) SVP Sold $1,161,108.80 in Stock

eBay Inc. (NASDAQ:EBAY) SVP Stephen Fisher sold 39,764 shares of the business’s stock in a transaction dated Tuesday, October 25th. The stock was sold at an average price of $29.20, for a total transaction of $1,161,108.80. Following the completion of the sale, the senior vice president now owns 120,563 shares in the company, valued at $3,520,439.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

eBay Inc. (NASDAQ:EBAY) opened at 28.60 on Monday. eBay Inc. has a 52-week low of $21.51 and a 52-week high of $33.19. The company has a 50 day moving average price of $31.38 and a 200-day moving average price of $27.83. The firm has a market cap of $31.97 billion, a price-to-earnings ratio of 18.37 and a beta of 1.17.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 19th. The e-commerce company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. eBay had a return on equity of 28.67% and a net margin of 20.29%. The firm earned $2.22 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the previous year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities research analysts anticipate that eBay Inc. will post $1.88 EPS for the current year.

A number of institutional investors have recently modified their holdings of the stock. Aberdeen Asset Management PLC UK increased its position in shares of eBay by 4.8% in the second quarter. Aberdeen Asset Management PLC UK now owns 912,913 shares of the e-commerce company’s stock valued at $21,372,000 after buying an additional 41,593 shares during the last quarter. AMP Capital Investors Ltd increased its position in shares of eBay by 18.6% in the first quarter. AMP Capital Investors Ltd now owns 1,632,449 shares of the e-commerce company’s stock valued at $39,243,000 after buying an additional 255,722 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in shares of eBay by 3.4% in the second quarter. Cullen Frost Bankers Inc. now owns 795,774 shares of the e-commerce company’s stock valued at $18,629,000 after buying an additional 25,907 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp increased its position in shares of eBay by 11.7% in the second quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 210,400 shares of the e-commerce company’s stock valued at $4,925,000 after buying an additional 22,000 shares during the last quarter. Finally, Davis R M Inc. increased its position in shares of eBay by 36.4% in the second quarter. Davis R M Inc. now owns 12,000 shares of the e-commerce company’s stock valued at $281,000 after buying an additional 3,200 shares during the last quarter. Hedge funds and other institutional investors own 82.06% of the company’s stock.

Several research firms recently commented on EBAY. Robert W. Baird reiterated an “outperform” rating and issued a $35.00 price objective on shares of eBay in a research report on Wednesday, October 26th. Piper Jaffray Cos. reiterated a “neutral” rating and issued a $28.00 price objective on shares of eBay in a research report on Saturday, October 22nd. Axiom Securities reiterated a “buy” rating on shares of eBay in a research report on Saturday, October 22nd. Credit Agricole SA reiterated an “underperform” rating and issued a $30.00 price objective (up from $27.00) on shares of eBay in a research report on Saturday, October 22nd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of eBay in a research report on Saturday, October 22nd. Four analysts have rated the stock with a sell rating, twenty have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company’s stock. eBay currently has a consensus rating of “Hold” and a consensus price target of $34.42.

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