Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of eBay Inc. (NASDAQ:EBAY) by 5.1% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 697,840 shares of the e-commerce company’s stock after purchasing an additional 34,126 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.07% of eBay worth $26,839,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Westside Investment Management Inc. boosted its stake in eBay by 1.7% during the 2nd quarter. Westside Investment Management Inc. now owns 3,627 shares of the e-commerce company’s stock valued at $127,000 after purchasing an additional 60 shares during the last quarter. Usca Ria LLC lifted its position in shares of eBay by 1.3% during the 2nd quarter. Usca Ria LLC now owns 7,926 shares of the e-commerce company’s stock worth $277,000 after buying an additional 100 shares in the last quarter. Boston Private Wealth LLC lifted its position in shares of eBay by 0.7% during the 2nd quarter. Boston Private Wealth LLC now owns 16,453 shares of the e-commerce company’s stock worth $575,000 after buying an additional 111 shares in the last quarter. Security National Trust Co. lifted its position in shares of eBay by 0.9% during the 2nd quarter. Security National Trust Co. now owns 13,275 shares of the e-commerce company’s stock worth $464,000 after buying an additional 120 shares in the last quarter. Finally, Cadence Capital Management LLC lifted its position in shares of eBay by 0.4% during the 2nd quarter. Cadence Capital Management LLC now owns 29,884 shares of the e-commerce company’s stock worth $1,044,000 after buying an additional 123 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Several research firms have commented on EBAY. Guggenheim began coverage on shares of eBay in a research report on Friday, October 20th. They set a “neutral” rating on the stock. Benchmark Co. reissued a “buy” rating and set a $45.00 target price on shares of eBay in a research report on Thursday, October 19th. SunTrust Banks, Inc. began coverage on shares of eBay in a research report on Tuesday, August 15th. They set a “hold” rating and a $38.00 target price on the stock. Morgan Stanley set a $34.00 target price on shares of eBay and gave the stock a “sell” rating in a research report on Thursday, October 19th. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of eBay in a research report on Friday, August 18th. Two analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seventeen have given a buy rating to the stock. eBay presently has a consensus rating of “Hold” and an average price target of $38.45.

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Shares of eBay Inc. (NASDAQ:EBAY) traded up $0.41 during trading hours on Tuesday, hitting $35.94. 3,460,872 shares of the stock traded hands, compared to its average volume of 8,857,171. The company has a market capitalization of $37,170.00, a P/E ratio of 22.24, a price-to-earnings-growth ratio of 2.73 and a beta of 1.38. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.82. eBay Inc. has a 52-week low of $27.28 and a 52-week high of $39.28.

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

In related news, Director Robert Holmes Swan sold 25,000 shares of the stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $37.51, for a total value of $937,750.00. Following the completion of the transaction, the director now directly owns 262,119 shares of the company’s stock, valued at $9,832,083.69. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Stephen Fisher sold 69,406 shares of the stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $37.63, for a total transaction of $2,611,747.78. Following the completion of the transaction, the senior vice president now directly owns 144,047 shares of the company’s stock, valued at $5,420,488.61. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 171,182 shares of company stock valued at $6,423,142. Insiders own 6.78% of the company’s stock.

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.

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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