Xact Kapitalforvaltning AB decreased its stake in shares of eBay Inc. (NASDAQ:EBAY) by 0.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 158,718 shares of the e-commerce company’s stock after selling 812 shares during the period. Xact Kapitalforvaltning AB’s holdings in eBay were worth $5,542,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in EBAY. Capital One National Association boosted its position in eBay by 0.5% in the first quarter. Capital One National Association now owns 7,255 shares of the e-commerce company’s stock valued at $244,000 after buying an additional 39 shares during the last quarter. Welch & Forbes LLC boosted its position in eBay by 0.6% in the first quarter. Welch & Forbes LLC now owns 7,708 shares of the e-commerce company’s stock valued at $259,000 after buying an additional 45 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV boosted its position in eBay by 0.3% in the first quarter. Hudson Valley Investment Advisors Inc. ADV now owns 15,473 shares of the e-commerce company’s stock valued at $519,000 after buying an additional 50 shares during the last quarter. Alpha Windward LLC boosted its position in eBay by 1.1% in the first quarter. Alpha Windward LLC now owns 5,531 shares of the e-commerce company’s stock valued at $186,000 after buying an additional 59 shares during the last quarter. Finally, Usca Ria LLC boosted its position in eBay by 1.3% in the first quarter. Usca Ria LLC now owns 7,826 shares of the e-commerce company’s stock valued at $263,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Shares of eBay Inc. (NASDAQ:EBAY) opened at 37.08 on Monday. The company’s 50-day moving average price is $34.72 and its 200-day moving average price is $32.99. The company has a market capitalization of $40.13 billion, a PE ratio of 5.34 and a beta of 1.36. eBay Inc. has a 1-year low of $25.95 and a 1-year high of $37.20.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. eBay had a return on equity of 20.44% and a net margin of 86.31%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. eBay’s revenue was up 3.7% compared to the same quarter last year. On average, equities analysts expect that eBay Inc. will post $2.01 earnings per share for the current fiscal year.

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Several research firms recently commented on EBAY. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $39.00 target price (up from $38.00) on shares of eBay in a research note on Thursday, April 20th. Canaccord Genuity reiterated a “hold” rating and set a $32.00 target price (up from $31.00) on shares of eBay in a research note on Thursday, April 20th. Atlantic Securities reiterated a “neutral” rating and set a $36.00 target price on shares of eBay in a research note on Wednesday, May 31st. Robert W. Baird reiterated an “outperform” rating and set a $38.00 target price on shares of eBay in a research note on Monday, June 12th. Finally, Vetr upgraded shares of eBay from a “hold” rating to a “buy” rating and set a $37.30 target price for the company in a research note on Monday, June 12th. Two investment analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $36.09.

In other eBay news, SVP Stephen Fisher sold 33,008 shares of the company’s stock in a transaction on Monday, April 24th. The stock was sold at an average price of $32.35, for a total value of $1,067,808.80. Following the completion of the transaction, the senior vice president now owns 109,468 shares in the company, valued at approximately $3,541,289.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Brian J. Doerger sold 12,904 shares of the company’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $33.57, for a total value of $433,187.28. Following the completion of the transaction, the vice president now owns 33,604 shares of the company’s stock, valued at approximately $1,128,086.28. The disclosure for this sale can be found here. Insiders have sold 85,712 shares of company stock valued at $2,877,612 in the last quarter. 6.78% of the stock is currently owned by corporate insiders.

eBay Company Profile

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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