Brian J. Doerger Sells 12,904 Shares of eBay Inc (EBAY) Stock

eBay Inc (NASDAQ:EBAY) VP Brian J. Doerger sold 12,904 shares of the firm’s stock in a transaction dated Thursday, May 4th. The stock was sold at an average price of $33.57, for a total transaction of $433,187.28. Following the completion of the sale, the vice president now directly owns 33,604 shares of the company’s stock, valued at $1,128,086.28. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of eBay Inc (NASDAQ:EBAY) traded up 0.30% during trading on Friday, reaching $33.83. 8,489,183 shares of the company’s stock traded hands. eBay Inc has a one year low of $22.30 and a one year high of $34.87. The company has a 50 day moving average price of $33.64 and a 200-day moving average price of $31.66. The stock has a market cap of $36.62 billion, a P/E ratio of 4.87 and a beta of 1.31.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. eBay had a return on equity of 24.13% and a net margin of 80.92%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same quarter last year, the firm posted $0.47 EPS. The business’s revenue was up 3.7% on a year-over-year basis. On average, equities research analysts expect that eBay Inc will post $2.01 EPS for the current fiscal year.

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

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/05/19/ebay-inc-ebay-vp-brian-j-doerger-sells-12904-shares-updated.html.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. DnB Asset Management AS raised its position in shares of eBay by 5.5% in the third quarter. DnB Asset Management AS now owns 191,780 shares of the e-commerce company’s stock worth $6,310,000 after buying an additional 10,000 shares during the period. World Asset Management Inc raised its position in shares of eBay by 1.0% in the third quarter. World Asset Management Inc now owns 108,361 shares of the e-commerce company’s stock worth $3,565,000 after buying an additional 1,086 shares during the period. Capital One National Association acquired a new position in shares of eBay during the third quarter worth about $281,000. Nikko Asset Management Americas Inc. acquired a new position in shares of eBay during the third quarter worth about $263,000. Finally, State of Wisconsin Investment Board raised its position in shares of eBay by 139.9% in the third quarter. State of Wisconsin Investment Board now owns 1,632,944 shares of the e-commerce company’s stock worth $53,724,000 after buying an additional 952,200 shares during the period. Hedge funds and other institutional investors own 85.86% of the company’s stock.

Several research firms have recently commented on EBAY. ValuEngine cut shares of eBay from a “buy” rating to a “hold” rating in a research report on Wednesday. BMO Capital Markets reaffirmed a “hold” rating and issued a $36.00 target price on shares of eBay in a research report on Monday, April 17th. Macquarie reaffirmed a “neutral” rating and issued a $39.00 target price on shares of eBay in a research report on Tuesday, April 18th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $35.00 target price on shares of eBay in a research report on Friday, April 14th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $34.00 target price on shares of eBay in a research report on Thursday, April 13th. Two analysts have rated the stock with a sell rating, twenty-one have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. eBay currently has a consensus rating of “Hold” and an average target price of $35.16.

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.

5 Day Chart for NASDAQ:EBAY

Receive News & Ratings for eBay Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply