The eBay Inc (EBAY) Position Held by Davis R M Inc.

The eBay Inc (EBAY) Position Held by Davis R M Inc.

Several other hedge funds also recently modified their holdings of the company. Parallel Advisors LLC bought a new stake in shares of eBay during the fourth quarter worth approximately $100,000. Physicians Financial Services Inc. boosted its position in eBay by 10.0% in the third quarter. Physicians Financial Services Inc. now owns 3,300 shares of the e-commerce company’s stock valued at $108,000 after buying an additional 300 shares during the period. SRS Capital Advisors Inc. acquired a new position in eBay during the fourth quarter valued at about $149,000. Capital Guardian Trust Co. boosted its position in eBay by 62.9% in the fourth quarter. Capital Guardian Trust Co. now owns 5,475 shares of the e-commerce company’s stock valued at $163,000 after buying an additional 2,114 shares during the period. Finally, Tuttle Tactical Management LLC acquired a new position in eBay during the third quarter valued at about $166,000. 85.86% of the stock is currently owned by hedge funds and other institutional investors.

Davis R M Inc. maintained its stake in shares of eBay Inc (NASDAQ:EBAY) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,000 shares of the e-commerce company’s stock at the end of the first quarter. Davis R M Inc.’s holdings in eBay were worth $403,000 at the end of the most recent reporting period.

Shares of eBay Inc (NASDAQ:EBAY) opened at 35.32 on Monday. eBay Inc has a 52 week low of $22.30 and a 52 week high of $35.44. The firm has a 50-day moving average of $33.83 and a 200 day moving average of $32.15. The firm has a market capitalization of $38.23 billion, a P/E ratio of 5.09 and a beta of 1.31.

Several research firms recently issued reports on EBAY. Vetr cut eBay from a “strong-buy” rating to a “buy” rating and set a $38.72 price objective on the stock. in a research report on Wednesday, May 24th. Canaccord Genuity reiterated a “hold” rating and set a $32.00 target price on shares of eBay in a research note on Thursday, May 25th. 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. SunTrust Banks, Inc. reiterated a “hold” rating and set a $33.00 target price on shares of eBay in a research note on Wednesday, February 22nd. Finally, ValuEngine lowered shares of eBay from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Two analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seventeen have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $35.19. In other news, Director Kathleen C. Mitic sold 11,897 shares of eBay stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $33.84, for a total transaction of $402,594.48. Following the completion of the sale, the director now directly owns 20,162 shares in the company, valued at $682,282.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert Holmes Swan sold 25,000 shares of eBay stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $35.00, for a total transaction of $875,000.00. Following the sale, the director now owns 286,562 shares of the company’s stock, valued at $10,029,670. The disclosure for this sale can be found here. Insiders have sold a total of 85,712 shares of company stock valued at $2,877,612 over the last 90 days. 7.40% of the stock is currently owned by 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:EBAY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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.

Related posts

Leave a Comment