Aegis restated their buy rating on shares of eBay Inc. (NASDAQ:EBAY) in a report issued on Monday. The firm currently has a $42.00 price target on the e-commerce company’s stock.

Several other brokerages have also commented on EBAY. Robert W. Baird reissued an outperform rating and set a $38.00 price target on shares of eBay in a research note on Thursday, July 13th. BidaskClub raised eBay from a buy rating to a strong-buy rating in a research note on Thursday, July 13th. Maxim Group boosted their price target on eBay from $36.00 to $40.00 and gave the stock a buy rating in a research note on Thursday, July 13th. Citigroup Inc. reissued a buy rating and set a $41.00 price target (up previously from $36.00) on shares of eBay in a research note on Thursday, June 8th. Finally, Cantor Fitzgerald reissued a hold rating on shares of eBay in a research note on Monday, June 26th. Two analysts have rated the stock with a sell rating, twenty-one have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. eBay currently has a consensus rating of Hold and a consensus target price of $36.12.

eBay (NASDAQ EBAY) opened at 37.08 on Monday. The stock has a market cap of $40.13 billion, a P/E ratio of 5.34 and a beta of 1.36. The firm’s 50-day moving average price is $35.20 and its 200-day moving average price is $33.58. eBay has a 12 month low of $27.28 and a 12 month high of $37.26. eBay also was the target of unusually large options trading on Wednesday. Investors bought 2,194 put options on the stock. This is an increase of approximately 231% compared to the typical daily volume of 663 put options.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. eBay had a return on equity of 20.44% and a net margin of 86.31%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 EPS. On average, analysts predict that eBay will post $2.01 earnings per share for the current year.

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In other eBay news, Director Robert Holmes Swan sold 25,000 shares of eBay stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $35.00, for a total value of $875,000.00. Following the transaction, the director now owns 286,562 shares in the company, valued at $10,029,670. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Brian J. Doerger sold 12,904 shares of eBay stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $33.57, for a total transaction of $433,187.28. Following the completion of the transaction, the vice president now owns 33,604 shares in the company, valued at approximately $1,128,086.28. The disclosure for this sale can be found here. Insiders have sold 85,712 shares of company stock worth $2,877,612 in the last quarter. Company insiders own 6.78% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of EBAY. Capital One National Association raised its position in eBay by 0.5% in the first quarter. Capital One National Association now owns 7,255 shares of the e-commerce company’s stock valued at $244,000 after buying an additional 39 shares during the period. Trust Co. of Vermont raised its position in eBay by 0.3% in the second quarter. Trust Co. of Vermont now owns 13,837 shares of the e-commerce company’s stock valued at $483,000 after buying an additional 40 shares during the period. Welch & Forbes LLC raised its position in eBay by 0.6% in the first quarter. Welch & Forbes LLC now owns 7,708 shares of the e-commerce company’s stock valued at $259,000 after buying an additional 45 shares during the period. Hudson Valley Investment Advisors Inc. ADV raised its position in eBay by 0.3% in the first quarter. Hudson Valley Investment Advisors Inc. ADV now owns 15,473 shares of the e-commerce company’s stock valued at $519,000 after buying an additional 50 shares during the period. Finally, Alpha Windward LLC raised its position in eBay by 1.1% in the first quarter. Alpha Windward LLC now owns 5,531 shares of the e-commerce company’s stock valued at $186,000 after buying an additional 59 shares during the period. Hedge funds and other institutional investors own 85.02% of the company’s stock.

eBay Company Profile

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

Analyst Recommendations for eBay (NASDAQ:EBAY)

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