Traders Sell Shares of eBay (EBAY) on Strength (EBAY)
Traders sold shares of eBay Inc. (NASDAQ:EBAY) on strength during trading hours on Tuesday. $93.75 million flowed into the stock on the tick-up and $122.85 million flowed out of the stock on the tick-down, for a money net flow of $29.10 million out of the stock. Of all stocks tracked, eBay had the 0th highest net out-flow for the day. eBay traded up $1.11 for the day and closed at $36.81
Several brokerages have issued reports on EBAY. Aegis reiterated a “buy” rating and issued a $44.00 price target (up previously from $42.00) on shares of eBay in a report on Tuesday, September 19th. Robert W. Baird reiterated a “buy” rating and issued a $38.00 price target on shares of eBay in a report on Monday, October 16th. KeyCorp reiterated a “hold” rating on shares of eBay in a report on Wednesday, October 11th. Piper Jaffray Companies set a $34.00 price target on eBay and gave the stock a “hold” rating in a report on Wednesday, October 11th. Finally, DA Davidson began coverage on eBay in a report on Wednesday, September 13th. They issued a “buy” rating and a $45.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $38.51.
The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.46 and a current ratio of 2.46. The stock has a market capitalization of $37,291.19, a PE ratio of 22.31, a P/E/G ratio of 2.74 and a beta of 1.33.
In related news, VP Brian J. Doerger sold 4,359 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $35.75, for a total transaction of $155,834.25. Following the completion of the sale, the vice president now directly owns 23,392 shares of the company’s stock, valued at $836,264. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Brian J. Doerger sold 6,660 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $35.99, for a total value of $239,693.40. Following the sale, the vice president now directly owns 16,732 shares of the company’s stock, valued at $602,184.68. The disclosure for this sale can be found here. Insiders have sold 209,242 shares of company stock valued at $7,780,047 over the last ninety days. 6.78% of the stock is currently owned by company insiders.
Large investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors purchased a new stake in eBay in the second quarter worth $108,000. Valeo Financial Advisors LLC purchased a new stake in eBay in the third quarter worth $122,000. BB&T Investment Services Inc. purchased a new stake in eBay in the second quarter worth $119,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in eBay in the second quarter worth $123,000. Finally, Steward Partners Investment Advisory LLC purchased a new stake in eBay in the third quarter worth $139,000. 86.06% of the stock is owned by institutional investors and hedge funds.
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.
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