Investors purchased shares of eBay Inc. (NASDAQ:EBAY) on weakness during trading hours on Friday. $77.38 million flowed into the stock on the tick-up and $27.12 million flowed out of the stock on the tick-down, for a money net flow of $50.26 million into the stock. Of all stocks tracked, eBay had the 7th highest net in-flow for the day. eBay traded down ($0.31) for the day and closed at $30.89

Several analysts have recently commented on EBAY shares. Canaccord Genuity reissued a “buy” rating on shares of eBay in a research note on Monday, April 25th. Goldman Sachs Group Inc. reissued a “buy” rating and set a $30.00 price target on shares of eBay in a research note on Wednesday, April 27th. Citigroup Inc. reissued a “buy” rating on shares of eBay in a research note on Wednesday, April 27th. Benchmark Co. reissued a “buy” rating and set a $29.00 price target (up from $28.00) on shares of eBay in a research note on Wednesday, April 27th. Finally, Bank of America Corp. reissued a “buy” rating on shares of eBay in a research note on Wednesday, May 25th. Two research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $32.39.

The stock has a 50-day moving average price of $27.72 and a 200-day moving average price of $24.95. The company has a market capitalization of $34.88 billion and a price-to-earnings ratio of 18.99.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, July 20th. The e-commerce company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.17 billion. eBay’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 EPS. On average, equities analysts anticipate that eBay Inc. will post $1.89 earnings per share for the current year.

In other eBay news, VP Brian J. Doerger sold 23,958 shares of the stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $30.56, for a total transaction of $732,156.48. Following the completion of the transaction, the vice president now owns 48,605 shares in the company, valued at $1,485,368.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brian J. Doerger sold 14,474 shares of the stock in a transaction dated Tuesday, May 24th. The stock was sold at an average price of $24.08, for a total transaction of $348,533.92. Following the transaction, the chief accounting officer now owns 41,846 shares of the company’s stock, valued at approximately $1,007,651.68. The disclosure for this sale can be found here.

Several institutional investors have recently added to or reduced their stakes in EBAY. Victory Capital Management Inc. raised its position in 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 period. Calvert Investment Management Inc. raised its position in eBay by 32.7% in the fourth quarter. Calvert Investment Management Inc. now owns 55,128 shares of the e-commerce company’s stock worth $1,515,000 after buying an additional 13,599 shares during the period. Suntrust Banks Inc. purchased a new position in eBay during the fourth quarter worth approximately $1,983,000. Trexquant Investment LP raised its position in eBay by 70.4% in the fourth quarter. Trexquant Investment LP now owns 101,400 shares of the e-commerce company’s stock worth $2,786,000 after buying an additional 41,900 shares during the period. Finally, I.G. Investment Management LTD. raised its position in 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 during the period.

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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