eBay Inc. (NASDAQ:EBAY) was up 3.5% on Thursday . The company traded as high as $26.26 and last traded at $26.00, with a volume of 9,021,947 shares. The stock had previously closed at $25.12.

A number of equities research analysts recently weighed in on EBAY shares. Vetr downgraded shares of eBay from a “sell” rating to a “strong sell” rating and set a $22.48 price target for the company. in a research note on Wednesday, April 6th. Citigroup Inc. reaffirmed a “buy” rating on shares of eBay in a research note on Tuesday, April 12th. Goldman Sachs Group Inc. set a $30.00 target price on shares of eBay and gave the company a “buy” rating in a research note on Monday, July 11th. Robert W. Baird reaffirmed a “buy” rating and issued a $30.00 target price on shares of eBay in a research note on Tuesday. Finally, Brean Capital initiated coverage on shares of eBay in a research note on Wednesday, June 22nd. They issued a “buy” rating for the company. Three analysts have rated the stock with a sell rating, twenty-four have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $34.11.

The company has a market cap of $30.26 billion and a P/E ratio of 20.12. The firm’s 50 day moving average price is $24.20 and its 200-day moving average price is $24.34.

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

In related news, SVP Raymond J. Pittman sold 25,000 shares of the business’s stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $24.24, for a total value of $606,000.00. Following the sale, the senior vice president now directly owns 23,729 shares in the company, valued at approximately $575,190.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Kristin A. Yetto sold 10,630 shares of the business’s stock in a transaction dated Friday, April 29th. The shares were 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 owns 28,343 shares in the company, valued at $683,349.73. The disclosure for this sale can be found here.

Other large investors have recently made changes to their positions in the company. Morningstar Investment Services LLC boosted its stake in shares of eBay by 6.5% in the fourth quarter. Morningstar Investment Services LLC now owns 374,286 shares of the e-commerce company’s stock worth $10,285,000 after buying an additional 22,966 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of eBay by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,372,609 shares of the e-commerce company’s stock worth $65,203,000 after buying an additional 160,403 shares in the last quarter. Birch Hill Investment Advisors LLC boosted its stake in shares of eBay by 40.1% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 335,930 shares of the e-commerce company’s stock worth $9,231,000 after buying an additional 96,120 shares in the last quarter. Stephens Inc. AR boosted its stake in shares of eBay by 2.3% in the fourth quarter. Stephens Inc. AR now owns 140,053 shares of the e-commerce company’s stock worth $3,849,000 after buying an additional 3,121 shares in the last quarter. Finally, I.G. Investment Management LTD. boosted its stake in shares of eBay by 25.9% in the fourth quarter. I.G. Investment Management LTD. now owns 112,546 shares of the e-commerce company’s stock worth $3,093,000 after buying an additional 23,139 shares in 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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