Wunderlich Capital Managemnt boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 28.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,294 shares of the e-commerce company’s stock after acquiring an additional 5,828 shares during the quarter. Wunderlich Capital Managemnt’s holdings in eBay were worth $1,011,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EBAY. Captrust Financial Advisors acquired a new position in eBay in the second quarter valued at about $108,000. BB&T Investment Services Inc. acquired a new position in eBay in the second quarter valued at about $119,000. Valeo Financial Advisors LLC acquired a new position in eBay in the third quarter valued at about $122,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in eBay in the second quarter valued at about $123,000. Finally, Westside Investment Management Inc. lifted its position in shares of eBay by 1.7% during the second quarter. Westside Investment Management Inc. now owns 3,627 shares of the e-commerce company’s stock worth $127,000 after purchasing an additional 60 shares in the last quarter. 86.06% of the stock is currently owned by institutional investors and hedge funds.

Shares of eBay Inc. (NASDAQ:EBAY) opened at $37.52 on Tuesday. eBay Inc. has a 12 month low of $29.01 and a 12 month high of $39.28. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.82. The company has a market cap of $39,328.10, a P/E ratio of 23.53, a price-to-earnings-growth ratio of 2.89 and a beta of 1.33.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 18th. The e-commerce company reported $0.48 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.48. eBay had a net margin of 80.45% and a return on equity of 15.69%. The firm had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. equities research analysts forecast that eBay Inc. will post 1.65 EPS for the current fiscal year.

In other eBay news, SVP Stephen Fisher sold 69,406 shares of the company’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $37.63, for a total value of $2,611,747.78. Following the completion of the sale, the senior vice president now owns 144,047 shares of the company’s stock, valued at $5,420,488.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Raymond J. Pittman sold 31,400 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $35.58, for a total transaction of $1,117,212.00. Following the completion of the sale, the senior vice president now directly owns 74,334 shares of the company’s stock, valued at approximately $2,644,803.72. The disclosure for this sale can be found here. Insiders sold 184,242 shares of company stock valued at $6,842,297 in the last ninety days. Insiders own 6.78% of the company’s stock.

EBAY has been the topic of a number of research reports. Wells Fargo & Company reiterated an “outperform” rating and set a $45.00 target price on shares of eBay in a research report on Tuesday, September 26th. Goldman Sachs Group set a $40.00 target price on shares of eBay and gave the stock a “buy” rating in a research report on Thursday, October 19th. Stifel Nicolaus set a $37.00 target price on shares of eBay and gave the stock a “neutral” rating in a research report on Thursday, October 19th. J P Morgan Chase & Co set a $38.00 target price on shares of eBay and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Finally, BMO Capital Markets reiterated a “hold” rating on shares of eBay in a research report on Wednesday, September 13th. Two equities research analysts have rated the stock with a sell rating, twenty-one have given a hold rating and eighteen have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $38.51.

ILLEGAL ACTIVITY NOTICE: This story was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The legal version of this story can be viewed at https://www.watchlistnews.com/wunderlich-capital-managemnt-has-1-01-million-position-in-ebay-inc-ebay/1758687.html.

About eBay

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.

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

Receive News & Ratings for eBay Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eBay Inc. and related companies with MarketBeat.com's FREE daily email newsletter.