Other equities research analysts also recently issued research reports about the stock. Stifel Nicolaus initiated coverage on shares of eBay in a research note on Tuesday, October 17th. They set a “hold” rating and a $46.00 target price for the company. Benchmark reduced their price objective on shares of eBay from $60.00 to $56.00 and set a “buy” rating for the company in a research report on Wednesday, November 8th. Morgan Stanley reduced their price objective on shares of eBay from $34.00 to $32.00 and set an “underweight” rating for the company in a research report on Wednesday, November 8th. BMO Capital Markets started coverage on shares of eBay in a research report on Tuesday, January 9th. They issued a “market perform” rating and a $49.00 price objective for the company. Finally, Mizuho dropped their target price on shares of eBay from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $47.75.
eBay Price Performance
Insider Buying and Selling at eBay
In related news, SVP Cornelius Boone sold 4,930 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $42.66, for a total value of $210,313.80. Following the transaction, the senior vice president now owns 49,897 shares in the company, valued at $2,128,606.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Clarius Group LLC raised its holdings in eBay by 2.6% in the second quarter. Clarius Group LLC now owns 9,696 shares of the e-commerce company’s stock valued at $433,000 after acquiring an additional 247 shares in the last quarter. Albert D Mason Inc. raised its holdings in eBay by 4.3% in the third quarter. Albert D Mason Inc. now owns 6,297 shares of the e-commerce company’s stock valued at $278,000 after acquiring an additional 260 shares in the last quarter. GHE LLC raised its holdings in eBay by 1.5% in the fourth quarter. GHE LLC now owns 17,480 shares of the e-commerce company’s stock valued at $762,000 after acquiring an additional 260 shares in the last quarter. Savant Capital LLC raised its holdings in eBay by 2.3% in the fourth quarter. Savant Capital LLC now owns 11,411 shares of the e-commerce company’s stock valued at $498,000 after acquiring an additional 262 shares in the last quarter. Finally, Raymond James Trust N.A. increased its stake in eBay by 3.3% during the second quarter. Raymond James Trust N.A. now owns 8,316 shares of the e-commerce company’s stock valued at $371,000 after purchasing an additional 268 shares during the last quarter. 85.87% of the stock is owned by institutional investors and hedge funds.
eBay Company Profile
eBay Inc operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, and sell various products. The company was founded in 1995 and is headquartered in San Jose, California.
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