eBay Inc. (NASDAQ:EBAY) marched up 12.21% compared to a 52-week low price of $33.94. The shares were last seen trading 0.21% higher, taking the closing price at $38.09 on 06/22/2018. At recent session, the prices were hovering between $37.65 and $38.27. This company shares are 27.25% off its target price of $48.47 and the current market capitalization stands at $37.54B. The recent change has given its price a -2.51% deficit over SMA 50 and -18.94% deficit over its 52-week high. The stock witnessed 0.13% gains, -4.08% declines and 0.42% 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 2.44% and during a month it has been found around 2.05%.eBay Inc. (EBAY) Top Holders
Institutional investors currently hold around $32.97 billion or 88.7% in EBAY stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.54 billion in eBay Inc., which represents roughly 6.76% of the company’s market cap and approximately 7.7% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 60,048,671 shares of the stock are valued at $2.28 billion. The third largest holder is State Street Corp, which currently holds $1.41 billion worth of this stock and that ownership represents nearly 3.76% of its market capitalization.
At the end of March reporting period, 366 institutional holders increased their position in eBay Inc. (NASDAQ:EBAY) by some 68,000,289 shares, 462 decreased positions by 103,063,389 and 152 held positions by 696,298,729. That puts total institutional holdings at 867,362,407 shares, according to SEC filings. The stock grabbed 112 new institutional investments totaling 14,940,719 shares while 65 institutional investors sold out their entire positions totaling 3,441,945 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 VP, Chief Accounting Officer Doerger Brian J. has sold 9,232 shares of eBay Inc. (EBAY) in trading session dated May. 25, 2018. These shares are worth $352,201 and were traded at $38.15 each. The SEC filing shows that Huber Marie Oh performed a sale of 35,631 shares. The SVP, General Counsel & Secreta disposed these shares by way of transaction on May. 16, 2018. The company’s shares were given away at $38 per share worth to an income of some $1,353,978 on account of Huber Marie Oh.
SVP, EMEA, Lee Jae Hyun, sold 9,223 common shares of eBay Inc. (EBAY) in the open market. In a transaction dated May. 16, 2018, the shares were put up for sale at an average price of $38.5, raking in a sum of $355,086. After this sale, 159,785 common shares of EBAY are directly owned by the insider, with total stake valued at $6,086,211.
In the transaction dated May. 02, 2018, the great number of shares disposed came courtesy the SVP, Chief Technology Officer; Fisher Stephen disposed a total of 12,408 shares at an average price of $37.47, amounting to approximately $464,928. The insider now directly owns 80,100 shares worth $3,051,009.
Several analysts have released their opinion on eBay Inc. (NASDAQ:EBAY), with 13 analysts believing it is a strong buy. Whereas 10 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.98 average brokerage recommendation.