Mandatum Life Insurance Co Ltd maintained its stake in eBay Inc. (NASDAQ:EBAY) during the fourth quarter, Holdings Channel reports. The firm owned 28,112 shares of the e-commerce company’s stock at the end of the fourth quarter. Mandatum Life Insurance Co Ltd’s holdings in eBay were worth $835,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Physicians Financial Services Inc. increased its position in shares of eBay by 10.0% in the third quarter. Physicians Financial Services Inc. now owns 3,300 shares of the e-commerce company’s stock worth $108,000 after buying an additional 300 shares during the period. NEXT Financial Group Inc increased its position in shares of eBay by 39.2% in the third quarter. NEXT Financial Group Inc now owns 3,411 shares of the e-commerce company’s stock worth $112,000 after buying an additional 960 shares during the period. Hartford Financial Management Inc. increased its position in shares of eBay by 2.9% in the third quarter. Hartford Financial Management Inc. now owns 3,570 shares of the e-commerce company’s stock worth $117,000 after buying an additional 100 shares during the period. Tradewinds Capital Management LLC increased its position in shares of eBay by 2.0% in the third quarter. Tradewinds Capital Management LLC now owns 3,837 shares of the e-commerce company’s stock worth $126,000 after buying an additional 75 shares during the period. Finally, Tuttle Tactical Management LLC purchased a new position in shares of eBay during the third quarter worth about $166,000. Institutional investors and hedge funds own 85.86% of the company’s stock.

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Shares of eBay Inc. (NASDAQ:EBAY) traded up 0.63% during mid-day trading on Friday, reaching $33.75. The company had a trading volume of 2,144,433 shares. The firm has a 50-day moving average price of $31.44 and a 200-day moving average price of $30.64. eBay Inc. has a 1-year low of $22.30 and a 1-year high of $34.15. The stock has a market capitalization of $36.69 billion, a price-to-earnings ratio of 5.31 and a beta of 1.31.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, January 25th. The e-commerce company reported $0.54 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.54. eBay had a return on equity of 24.13% and a net margin of 80.92%. The company had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the firm earned $0.50 EPS. The firm’s revenue was up 3.1% compared to the same quarter last year. Equities analysts expect that eBay Inc. will post $2.01 earnings per share for the current year.

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A number of research analysts have recently issued reports on EBAY shares. Mizuho boosted their price target on shares of eBay from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Thursday, October 20th. Jefferies Group LLC restated a “hold” rating and issued a $32.00 price target on shares of eBay in a research report on Thursday, October 20th. Wedbush dropped their price target on shares of eBay from $34.00 to $33.00 and set a “neutral” rating on the stock in a research report on Thursday, October 20th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $35.00 price target (up previously from $34.00) on shares of eBay in a research report on Thursday, October 20th. Finally, Morgan Stanley reiterated an “underweight” rating and set a $26.00 target price (up previously from $24.00) on shares of eBay in a research report on Thursday, October 20th. Three analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $35.27.

In other news, VP Brian J. Doerger sold 6,660 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $33.25, for a total transaction of $221,445.00. Following the sale, the vice president now directly owns 29,006 shares of the company’s stock, valued at approximately $964,449.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas J. Tierney sold 6,014 shares of the company’s stock in a transaction that occurred on Wednesday, February 8th. The stock was sold at an average price of $33.28, for a total value of $200,145.92. Following the sale, the director now directly owns 28,525 shares in the company, valued at $949,312. The disclosure for this sale can be found here. Over the last three months, insiders sold 284,409 shares of company stock worth $9,103,290. 7.40% of the stock is owned by insiders.

About eBay

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online. The Company 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.

5 Day Chart for NASDAQ:EBAY

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