Piper Jaffray Cos. reaffirmed their neutral rating on shares of eBay Inc. (NASDAQ:EBAY) in a research note released on Saturday. The firm currently has a $25.00 price objective on the e-commerce company’s stock.

EBAY has been the subject of a number of other research reports. Susquehanna reissued a positive rating and set a $34.00 target price (up previously from $32.00) on shares of eBay in a report on Thursday, July 21st. Mizuho lifted their target price on eBay from $26.00 to $31.00 and gave the stock a neutral rating in a report on Thursday, July 21st. Goldman Sachs Group Inc. set a $34.00 target price on eBay and gave the stock a buy rating in a report on Tuesday, August 16th. Robert W. Baird reissued a buy rating and set a $30.00 target price on shares of eBay in a report on Tuesday, July 12th. Finally, Axiom Securities lifted their target price on eBay from $30.00 to $34.00 and gave the stock a buy rating in a report on Thursday, July 21st. Three analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. eBay has a consensus rating of Hold and a consensus price target of $33.66.

Shares of eBay (NASDAQ:EBAY) traded up 1.21% on Friday, reaching $31.89. 14,392,280 shares of the company traded hands. The company has a market capitalization of $36.00 billion, a P/E ratio of 19.60 and a beta of 1.17. The firm’s 50 day moving average is $31.99 and its 200 day moving average is $27.43. eBay has a one year low of $21.52 and a one year high of $33.19.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, July 20th. The e-commerce company reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.01. eBay had a return on equity of 29.12% and a net margin of 22.00%. The company earned $2.23 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter last year, the firm earned $0.42 earnings per share. The company’s revenue was up 5.7% on a year-over-year basis. Analysts expect that eBay will post $1.89 earnings per share for the current fiscal year.

In other eBay news, SVP Jae Hyun Lee sold 3,222 shares of the firm’s stock in a transaction dated Wednesday, July 27th. The stock was sold at an average price of $31.53, for a total value of $101,589.66. Following the sale, the senior vice president now owns 107,154 shares of the company’s stock, valued at approximately $3,378,565.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert Holmes Swan sold 50,000 shares of the firm’s stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $30.65, for a total value of $1,532,500.00. Following the completion of the sale, the director now directly owns 425,288 shares in the company, valued at approximately $13,035,077.20. The disclosure for this sale can be found here. 7.40% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC boosted its stake in eBay by 0.8% in the second quarter. Quadrant Capital Group LLC now owns 5,596 shares of the e-commerce company’s stock valued at $125,000 after buying an additional 42 shares during the last quarter. Fulton Bank N.A. boosted its stake in eBay by 0.7% in the third quarter. Fulton Bank N.A. now owns 9,042 shares of the e-commerce company’s stock valued at $298,000 after buying an additional 63 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in eBay by 0.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,938 shares of the e-commerce company’s stock valued at $676,000 after buying an additional 91 shares during the last quarter. Rathbone Brothers plc boosted its stake in eBay by 0.4% in the second quarter. Rathbone Brothers plc now owns 33,545 shares of the e-commerce company’s stock valued at $785,000 after buying an additional 140 shares during the last quarter. Finally, FineMark National Bank & Trust boosted its stake in eBay by 2.4% in the second quarter. FineMark National Bank & Trust now owns 6,200 shares of the e-commerce company’s stock valued at $146,000 after buying an additional 143 shares during the last quarter. 82.00% of the stock is currently owned by hedge funds and other institutional investors.

eBay Company Profile

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.

5 Day Chart for NASDAQ:EBAY

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