eBay Inc. (NASDAQ:EBAY) marched up 57.75% compared to a 52-week low price of $26.01. The shares were last seen trading 0% lower, taking the closing price at $41.03 on 7/24/2019. At a recent session, the prices were hovering between $40.785 and $41.18. This company shares are 3.22% off its target price of $42.35 and the current market capitalization stands at $35.37B. The recent change has given its price a 6.76% lead over SMA 50 and -2.31% deficit over its 52-week high. The stock witnessed 3.32% gains, 6.52% gains and 25.82% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EBAY’s volatility during a week at 2.83% and during a month it has been found around 1.86%.
What Does eBay Inc. (EBAY) Do?
The company describes itself in regulatory filings as, “eBay, Inc. operates as a commerce company, which engages in the provision of investments and acquisitions to help enable commerce on platforms for buyers and sellers online or on mobile devices. It operates throught the following platforms: Marketplace; Classifieds; StubHub, Corporate, and Others. The Marketplace platform include online marketplace located at www.ebay.com, its localized counterparts and the eBay mobile apps. The Classified platform focuses in collection of brands such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen and others. The StubHub platform gives online ticket platform located at www.stubhub.com, its localized counterparts and the StubHub mobile apps. The company was founded by Pierre M. Omidyar in September 1995 and is headquartered in San Jose, CA.” [Text can be found here: https://www.marketwatch.com/investing/stock/EBAY/profile under company description.]eBay Inc. (EBAY) Top Holders
Institutional investors currently hold around $31.18 billion or 89.3% in EBAY stock. Look at its top three institutional owners: Vanguard Group Inc owns $2.6 billion in eBay Inc., which represents roughly 7.35% of the company’s market cap and approximately 8.34% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 51,525,359 shares of the stock are valued at $2.11 billion. The third largest holder is State Street Corp, which currently holds $1.58 billion worth of this stock and that ownership represents nearly 4.47% of its market capitalization.eBay Inc. 13F Filings
At the end of March reporting period, 422 institutional holders increased their position in eBay Inc. (NASDAQ:EBAY) by some 108,199,234 shares, 396 decreased positions by 131,179,142 and 145 held positions by 520,552,386. That puts total institutional holdings at 759,930,762 shares, according to SEC filings. The stock grabbed 147 new institutional investments totaling 36,983,235 shares while 71 institutional investors sold out their entire positions totaling 33,258,120 shares.eBay Inc. (NASDAQ:EBAY) Insider Trades
Multiple company employees have indulged in significant insider trading. eBay Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP, Chief People Officer Yetto Kristin A has sold 6,254 shares of eBay Inc. (EBAY) in the trading session dated Jul. 22, 2019. These shares are worth $255,476 and were traded at $40.85 each. The SEC filing shows that WENIG DEVIN performed a sale of 10,000 shares. The President and CEO disposed these shares by way of transaction on Jul. 01, 2019. The company’s shares were given away at $39.75 per share worth to an income of some $397,500 to the account of WENIG DEVIN.
SVP, Chief People Officer, Yetto Kristin A, sold 25,156 common shares of eBay Inc. (EBAY) in the open market. In a transaction dated May. 16, 2019, the shares were put up for sale at an average price of $37.41, raking in a sum of $941,086. After this sale, 74,547 common shares of EBAY are directly owned by the insider, with total stake valued at $3,058,663.
In the transaction dated May. 03, 2019, a great number of shares sold came courtesy the VP, Chief Accounting Officer; Doerger Brian J. disposed a total of 14,237 shares at an average price of $38.06, amounting to approximately $541,860. The insider now directly owns 37,340 shares worth $1,532,060.eBay Inc. (EBAY) Analyst Guide
Several analysts have released their opinion on eBay Inc. (NASDAQ:EBAY), with 8 analysts believing it is a strong buy. Whereas 20 of them predict the stock is a hold. Also, there are 6 buy, 2 sell and 0 strong sell ratings, collectively assigning a 2.44 average brokerage recommendation [T1].