American Financial Group Inc. held its stake in eBay Inc. (NASDAQ:EBAY) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,000 shares of the e-commerce company’s stock at the end of the third quarter. American Financial Group Inc.’s holdings in eBay were worth $1,908,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Mycio Wealth Partners LLC increased its stake in eBay by 28.7% in the second quarter. Mycio Wealth Partners LLC now owns 4,255 shares of the e-commerce company’s stock worth $100,000 after buying an additional 949 shares during the period. Washington Trust Bank increased its stake in eBay by 5.2% in the second quarter. Washington Trust Bank now owns 4,334 shares of the e-commerce company’s stock worth $101,000 after buying an additional 216 shares during the last quarter. Physicians Financial Services Inc. increased its stake in eBay by 10.0% in the third quarter. Physicians Financial Services Inc. now owns 3,300 shares of the e-commerce company’s stock worth $108,000 after buying an additional 300 shares during the last quarter. NEXT Financial Group Inc increased its stake in eBay by 39.2% in the third quarter. NEXT Financial Group Inc now owns 3,411 shares of the e-commerce company’s stock worth $112,000 after buying an additional 960 shares during the last quarter. Finally, Advisory Services Network LLC increased its stake in eBay by 3.2% in the second quarter. Advisory Services Network LLC now owns 4,883 shares of the e-commerce company’s stock worth $114,000 after buying an additional 150 shares during the last quarter. 83.29% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Shares of eBay Inc. (NASDAQ:EBAY) traded down 0.21% during trading on Tuesday, reaching $28.51. 7,281,590 shares of the company were exchanged. The stock has a market capitalization of $31.87 billion, a PE ratio of 18.31 and a beta of 1.33. eBay Inc. has a one year low of $21.51 and a one year high of $33.19. The stock has a 50-day moving average price of $29.32 and a 200-day moving average price of $28.49.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, October 19th. The e-commerce company reported $0.45 EPS for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.01. eBay had a net margin of 20.29% and a return on equity of 28.67%. The business earned $2.22 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the company earned $0.43 EPS. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. Analysts forecast that eBay Inc. will post $1.88 EPS for the current year.

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A number of research firms have weighed in on EBAY. Pacific Crest downgraded eBay to a “sell” rating in a report on Saturday, October 1st. Canaccord Genuity reaffirmed a “hold” rating and set a $28.00 price objective on shares of eBay in a report on Tuesday, October 4th. Vetr downgraded eBay from a “buy” rating to a “hold” rating and set a $33.37 price objective on the stock. in a report on Wednesday, October 19th. Citigroup Inc. reaffirmed a “buy” rating and set a $34.00 price objective on shares of eBay in a report on Thursday, October 20th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a $35.00 price objective (up from $34.00) on shares of eBay in a report on Thursday, October 20th. Four analysts have rated the stock with a sell rating, nineteen have issued a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $34.59.

In other eBay news, CAO Brian J. Doerger sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $28.93, for a total value of $520,740.00. Following the completion of the transaction, the chief accounting officer now owns 39,947 shares of the company’s stock, valued at approximately $1,155,666.71. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Raymond J. Pittman sold 39,030 shares of the business’s stock in a transaction that occurred on Wednesday, August 31st. The stock was sold at an average price of $32.14, for a total transaction of $1,254,424.20. Following the completion of the transaction, the senior vice president now directly owns 32,738 shares of the company’s stock, valued at approximately $1,052,199.32. The disclosure for this sale can be found here. 7.40% of the stock is currently owned by company insiders.

About eBay

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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