eBay Inc. (NASDAQ:EBAY) VP Brian J. Doerger sold 6,660 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $35.99, for a total transaction of $239,693.40. Following the completion of the sale, the vice president now directly owns 16,732 shares of the company’s stock, valued at approximately $602,184.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of eBay Inc. (EBAY) traded down $1.12 on Wednesday, reaching $34.38. 22,034,602 shares of the company traded hands, compared to its average volume of 8,861,668. eBay Inc. has a fifty-two week low of $27.28 and a fifty-two week high of $39.28. The firm has a market capitalization of $37,080.00, a PE ratio of 22.40, a price-to-earnings-growth ratio of 2.75 and a beta of 1.38. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 18th. The e-commerce company reported $0.48 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.48. eBay had a net margin of 80.45% and a return on equity of 15.69%. The business had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter in the prior year, the company posted $0.45 earnings per share. The firm’s revenue was up 8.7% on a year-over-year basis. equities research analysts predict that eBay Inc. will post 1.65 EPS for the current year.

EBAY has been the subject of several recent analyst reports. SunTrust Banks reaffirmed a “hold” rating and issued a $38.00 target price on shares of eBay in a research note on Friday, November 17th. Piper Jaffray Companies set a $34.00 target price on shares of eBay and gave the company a “hold” rating in a research note on Wednesday, October 11th. Guggenheim initiated coverage on shares of eBay in a research note on Friday, October 20th. They issued a “neutral” rating for the company. BMO Capital Markets reiterated a “market perform” rating and issued a $40.00 price target on shares of eBay in a report on Wednesday, October 18th. Finally, KeyCorp reiterated a “hold” rating on shares of eBay in a report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $38.45.

Institutional investors and hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company lifted its stake in eBay by 14.6% in the second quarter. The Manufacturers Life Insurance Company now owns 5,261,101 shares of the e-commerce company’s stock valued at $183,717,000 after acquiring an additional 668,503 shares during the last quarter. Colony Group LLC acquired a new stake in eBay in the second quarter valued at $213,000. Synovus Financial Corp lifted its stake in eBay by 164.4% in the second quarter. Synovus Financial Corp now owns 59,888 shares of the e-commerce company’s stock valued at $2,091,000 after acquiring an additional 37,237 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in eBay by 19.1% in the third quarter. Canada Pension Plan Investment Board now owns 3,215,057 shares of the e-commerce company’s stock valued at $123,651,000 after acquiring an additional 515,634 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in eBay by 2.5% in the third quarter. Legal & General Group Plc now owns 5,304,279 shares of the e-commerce company’s stock valued at $203,988,000 after acquiring an additional 128,728 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for eBay (NASDAQ:EBAY)

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