November 24, 2016 - By olga
Ebay Inc VP – Chief Accounting Officer Brian Doerger on the 23/11/2016 sold a total of 18,000 shares of the Pinksheet-listed company at an approximate value of $520,796 U.S Dollars. This is at an average price-per-share of $28.9 U.S Dollars. The original Form 4 was revealed on 23/11/2016 with the U.S. Security and Exchange Commission and is now obtainable online here. Brian Doerger today owns 26,826 shares or 0.00% of the company’s total market capitalization.
Out of 34 analysts covering eBay Inc (NASDAQ:EBAY), 14 rate it a “Buy”, 3 “Sell”, while 17 “Hold”. This means 41% are positive. $69 is the highest target while $22.50 is the lowest. The $32.33 average target is 11.87% above today’s ($28.9) stock price. eBay Inc has been the topic of 67 analyst reports since July 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Sector Perform” rating and $30.0 target price in Thursday, October 22 report. As per Wednesday, April 27, the company rating was maintained by Benchmark. Mizuho maintained it with “Neutral” rating and $32 target price in Thursday, October 20 report. The stock of eBay Inc (NASDAQ:EBAY) earned “Strong Buy” rating by Jyske Bank on Wednesday, January 13. The rating was initiated by FBN Securities on Thursday, July 23 with “Sector Perform”. RBC Capital Markets maintained it with “Sector Perform” rating and $29 target price in Thursday, January 28 report. Axiom Capital maintained it with “Buy” rating and $34 target price in Thursday, July 21 report. Monness Crespi maintained eBay Inc (NASDAQ:EBAY) on Thursday, July 21 with “Buy” rating. The stock of eBay Inc (NASDAQ:EBAY) has “Buy” rating given on Thursday, January 28 by Benchmark. The rating was maintained by Deutsche Bank with “Hold” on Thursday, July 21.
Insitutional Activity: The institutional sentiment decreased to 0.75 in Q2 2016. Its down 0.12, from 0.87 in 2016Q1. The ratio fall, as 75 funds sold all eBay Inc shares owned while 273 reduced positions. 70 funds bought stakes while 234 increased positions. They now own 866.68 million shares or 7.44% less from 936.29 million shares in 2016Q1.
Peak6 Invs Lp has 118,893 shares for 0.02% of their US portfolio. Cadence Cap Management Lc accumulated 0.04% or 22,229 shares. Acadian Asset Limited Com holds 0% of its portfolio in eBay Inc (NASDAQ:EBAY) for 8,206 shares. The United Kingdom-based Waverton Inv Mngmt Limited has invested 0.03% in eBay Inc (NASDAQ:EBAY). Comerica Natl Bank has invested 0.07% of its portfolio in eBay Inc (NASDAQ:EBAY). Brave Asset accumulated 0.11% or 6,900 shares. Johnson Incorporated holds 12,678 shares or 0.04% of its portfolio. Shell Asset Co holds 161,656 shares or 0.09% of its portfolio. Lazard Asset Mgmt Limited Liability Company last reported 19.35 million shares in the company. Da Davidson Comm accumulated 30,869 shares or 0.02% of the stock. Twin Tree Management L P last reported 0.04% of its portfolio in the stock. The California-based Rbf Capital Ltd Liability Corporation has invested 0.23% in eBay Inc (NASDAQ:EBAY). Retirement Of Alabama holds 0.07% of its portfolio in eBay Inc (NASDAQ:EBAY) for 538,868 shares. Blair William Il reported 151,172 shares or 0.03% of all its holdings. Hamilton Point Inv Advsr Ltd Llc accumulated 58,628 shares or 0.9% of the stock.
Insider Transactions: Since May 27, 2016, the stock had 1 buy, and 12 sales for $9.84 million net activity. Shares for $732,264 were sold by Doerger Brian J. on Monday, July 25. Lee Jae Hyun sold 3,222 shares worth $101,590. SWAN ROBERT HOLMES sold 50,000 shares worth $1.53M. Green Logan bought 1,000 shares worth $28,321. $1.25M worth of shares were sold by PITTMAN RAYMOND J on Wednesday, August 31. $1.16M worth of eBay Inc (NASDAQ:EBAY) was sold by FISHER STEPHEN on Tuesday, October 25. Shares for $245,200 were sold by TIERNEY THOMAS J on Monday, July 25.
The stock decreased 0.55% or $0.16 during the last trading session, hitting $28.9. About 6.03 million shares traded hands. eBay Inc (NASDAQ:EBAY) has risen 18.44% since April 22, 2016 and is uptrending. It has outperformed by 13.03% the S&P500.
eBay Inc. is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The company has a market cap of $32.37 billion. The Firm helps in enabling commerce on its platforms for buyers and sellers online. It has a 18.13 P/E ratio. The Firm 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.
According to Zacks Investment Research, “eBay is one of the world’s largest online trading communities. eBay creates a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. eBay enables trade on a local, national and international basis with local sites in numerous markets in the United States and country-specific sites in the United Kingdom, Canada, Germany, Austria, France, Italy, Japan, Korea and Australia. (Company Press Release)”
Analysts await eBay Inc (NASDAQ:EBAY) to report earnings on January, 25. They expect $0.47 EPS, up 2.17% or $0.01 from last year’s $0.46 per share. EBAY’s profit will be $526.43M for 15.37 P/E if the $0.47 EPS becomes a reality. After $0.38 actual EPS reported by eBay Inc for the previous quarter, Wall Street now forecasts 23.68% EPS growth.
More important recent eBay Inc (NASDAQ:EBAY) news were published by: Fool.com which released: “Better Buy: eBay Inc. vs. PayPal” on November 17, 2016, also Huffingtonpost.com published article titled: “The Best Black Friday And Cyber Monday Deals On eBay”, Fool.com published: “Better Buy: eBay Inc vs. Overstock.com, Inc.” on November 03, 2016. More interesting news about eBay Inc (NASDAQ:EBAY) was released by: Streetinsider.com and their article: “Form 4 EBAY INC For: Nov 21 Filed by: Doerger Brian J.” with publication date: November 24, 2016.
eBay Inc. (eBay), incorporated on March 13, 1998, is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Firm helps in enabling commerce on its platforms for buyers and sellers online using desktop and laptop computers or mobile devices, such as smartphones and tablets. The Firm has created an open source platform that provides software developers and merchants an access to its application programming interfaces (APIs) for developing software and solutions for commerce.
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