eBay Inc. (NASDAQ:EBAY) shares saw strong trading volume on Friday . 9,179,752 shares changed hands during trading, a decline of 25% from the previous session’s volume of 12,226,627 shares.The stock last traded at $26.20 and had previously closed at $26.08.

A number of equities research analysts have commented on the company. Piper Jaffray Cos. restated a “hold” rating and set a $25.00 price objective on shares of eBay in a research report on Wednesday, April 13th. Robert W. Baird restated a “buy” rating and set a $30.00 price objective on shares of eBay in a research report on Tuesday. Morgan Stanley restated a “sell” rating on shares of eBay in a research report on Wednesday, April 27th. Needham & Company LLC restated a “hold” rating on shares of eBay in a research report on Monday, June 27th. Finally, Jefferies Group restated a “hold” rating and set a $27.00 price objective on shares of eBay in a research report on Monday. Three research analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $34.11.

The stock’s 50 day moving average price is $24.14 and its 200-day moving average price is $24.35. The firm has a market capitalization of $30.26 billion and a P/E ratio of 20.12.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Tuesday, April 26th. The e-commerce company reported $0.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.02. The business earned $2.14 billion during the quarter, compared to the consensus estimate of $2.08 billion. The business’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the business posted $0.77 earnings per share. Equities analysts anticipate that eBay Inc. will post $1.86 EPS for the current year.

In related news, SVP Kristin A. Yetto sold 10,630 shares of the business’s stock in a transaction dated Friday, April 29th. The stock was sold at an average price of $24.11, for a total value of $256,289.30. Following the completion of the sale, the senior vice president now directly owns 28,343 shares of the company’s stock, valued at approximately $683,349.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Brian J. Doerger sold 14,474 shares of the business’s stock in a transaction dated Tuesday, May 24th. The shares were sold at an average price of $24.08, for a total value of $348,533.92. Following the completion of the sale, the chief accounting officer now directly owns 41,846 shares of the company’s stock, valued at $1,007,651.68. The disclosure for this sale can be found here.

A number of hedge funds have recently modified their holdings of the stock. Bangor Savings Bank raised its stake in shares of eBay by 3.8% in the fourth quarter. Bangor Savings Bank now owns 36,410 shares of the e-commerce company’s stock worth $1,001,000 after buying an additional 1,317 shares during the last quarter. Tredje AP fonden raised its stake in shares of eBay by 2.4% in the fourth quarter. Tredje AP fonden now owns 40,832 shares of the e-commerce company’s stock worth $1,122,000 after buying an additional 970 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of eBay by 0.4% in the fourth quarter. Ameritas Investment Partners Inc. now owns 40,900 shares of the e-commerce company’s stock worth $1,124,000 after buying an additional 156 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of eBay by 1.2% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 41,280 shares of the e-commerce company’s stock worth $1,134,000 after buying an additional 475 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of eBay by 57.1% in the fourth quarter. Victory Capital Management Inc. now owns 42,735 shares of the e-commerce company’s stock worth $1,174,000 after buying an additional 15,537 shares during the last quarter.

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online. The Company has an open source platform that provides software developers and merchants an access to its application programming interfaces for developing software and solutions for commerce.

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