eBay (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam Sells 33,441 Shares of Stock

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 33,441 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $91.99, for a total transaction of $3,076,237.59. Following the sale, the senior vice president directly owned 4,733 shares in the company, valued at approximately $435,388.67. The trade was a 87.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Jordan Douglas Bradle Sweetnam also recently made the following trade(s):

• On Thursday, December 18th, Jordan Douglas Bradle Sweetnam sold 865 shares of eBay stock. The shares were sold at an average price of $82.67, for a total transaction of $71,509.55.
• On Tuesday, November 18th, Jordan Douglas Bradle Sweetnam sold 1,006 shares of eBay stock. The shares were sold at an average price of $82.04, for a total transaction of $82,532.24.

eBay Stock Performance

NASDAQ EBAY opened at $92.38 on Wednesday. The company has a fifty day moving average of $87.99 and a two-hundred day moving average of $89.30. The company has a market capitalization of $41.76 billion, a PE ratio of 20.08, a P/E/G ratio of 2.18 and a beta of 1.38. eBay Inc. has a 1 year low of $58.71 and a 1 year high of $101.15. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. TD Cowen reissued a “hold” rating on shares of eBay in a report on Monday, October 20th. Sanford C. Bernstein set a $90.00 price target on shares of eBay in a research note on Friday, October 31st. Citizens Jmp reissued a “market outperform” rating and set a $115.00 price objective on shares of eBay in a research report on Wednesday, January 28th. Wells Fargo & Company upped their target price on shares of eBay from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Thursday, January 8th. Finally, BMO Capital Markets increased their target price on shares of eBay from $102.00 to $107.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $95.66.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Apeiron RIA LLC increased its position in eBay by 6.2% during the 4th quarter. Apeiron RIA LLC now owns 3,077 shares of the e-commerce company’s stock worth $288,000 after purchasing an additional 180 shares during the period. NewEdge Wealth LLC lifted its holdings in shares of eBay by 5.1% in the 4th quarter. NewEdge Wealth LLC now owns 652,686 shares of the e-commerce company’s stock valued at $56,849,000 after buying an additional 31,552 shares during the period. Crossmark Global Holdings Inc. boosted its stake in shares of eBay by 4.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 86,380 shares of the e-commerce company’s stock valued at $7,524,000 after buying an additional 3,333 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in eBay by 32.6% during the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 11,222 shares of the e-commerce company’s stock worth $977,000 after acquiring an additional 2,760 shares during the period. Finally, International Assets Investment Management LLC raised its position in eBay by 42.1% in the fourth quarter. International Assets Investment Management LLC now owns 4,157 shares of the e-commerce company’s stock worth $362,000 after acquiring an additional 1,232 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Company Profile

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.