eBay Inc. (NASDAQ:EBAY) SVP Stephen Fisher sold 22,561 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $43.97, for a total transaction of $992,007.17. Following the sale, the senior vice president now owns 95,383 shares in the company, valued at $4,193,990.51. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

eBay Inc. (NASDAQ:EBAY) traded down $0.22 during trading on Thursday, reaching $42.11. 5,109,233 shares of the company’s stock were exchanged, compared to its average volume of 11,774,261. The company has a current ratio of 2.19, a quick ratio of 2.46 and a debt-to-equity ratio of 1.15. eBay Inc. has a 52 week low of $31.89 and a 52 week high of $46.99. The firm has a market cap of $42,840.00, a P/E ratio of -39.82, a PEG ratio of 2.43 and a beta of 1.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, January 31st. The e-commerce company reported $0.59 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.59. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.61 billion. eBay had a negative net margin of 10.62% and a positive return on equity of 16.82%. eBay’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. research analysts expect that eBay Inc. will post 1.84 earnings per share for the current fiscal year.

eBay announced that its board has initiated a share repurchase program on Wednesday, January 31st that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the e-commerce company to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

A number of analysts have commented on the stock. UBS Group restated a “buy” rating and set a $48.00 price target (up from $44.00) on shares of eBay in a research report on Thursday, February 1st. Robert W. Baird set a $52.00 price target on shares of eBay and gave the stock a “buy” rating in a research report on Thursday, February 1st. Atlantic Securities set a $45.00 price target on shares of eBay and gave the stock a “neutral” rating in a research report on Thursday, February 1st. Aegis lifted their price objective on shares of eBay from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Finally, Mizuho reaffirmed an “underperform” rating and issued a $40.00 price objective (up previously from $34.00) on shares of eBay in a research note on Thursday, February 1st. Two investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and eighteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $42.87.

A number of hedge funds and other institutional investors have recently bought and sold shares of EBAY. Independent Franchise Partners LLP grew its stake in shares of eBay by 17.6% during the 3rd quarter. Independent Franchise Partners LLP now owns 22,728,844 shares of the e-commerce company’s stock worth $874,151,000 after acquiring an additional 3,406,261 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of eBay by 20.4% during the 3rd quarter. Nordea Investment Management AB now owns 18,407,787 shares of the e-commerce company’s stock worth $707,963,000 after acquiring an additional 3,118,453 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of eBay during the 3rd quarter worth approximately $117,303,000. Sanders Capital LLC grew its stake in shares of eBay by 99.2% during the 3rd quarter. Sanders Capital LLC now owns 5,599,900 shares of the e-commerce company’s stock worth $238,639,000 after acquiring an additional 2,788,300 shares in the last quarter. Finally, Alkeon Capital Management LLC grew its stake in shares of eBay by 14,918.9% during the 3rd quarter. Alkeon Capital Management LLC now owns 2,063,741 shares of the e-commerce company’s stock worth $79,372,000 after acquiring an additional 2,050,000 shares in the last quarter. 85.84% of the stock is owned by institutional investors and hedge funds.

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About eBay

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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