eBay Inc. (NASDAQ:EBAY) Shares Acquired by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 6.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,140 shares of the e-commerce company’s stock after acquiring an additional 1,340 shares during the period. E. Ohman J or Asset Management AB’s holdings in eBay were worth $1,434,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Columbus Macro LLC increased its stake in shares of eBay by 55.8% during the 4th quarter. Columbus Macro LLC now owns 4,809 shares of the e-commerce company’s stock worth $298,000 after purchasing an additional 1,723 shares in the last quarter. One Wealth Advisors LLC grew its holdings in eBay by 27.0% during the 4th quarter. One Wealth Advisors LLC now owns 5,118 shares of the e-commerce company’s stock valued at $317,000 after buying an additional 1,087 shares during the last quarter. JB Capital LLC increased its position in eBay by 3.9% during the fourth quarter. JB Capital LLC now owns 191,608 shares of the e-commerce company’s stock worth $11,870,000 after buying an additional 7,160 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of eBay by 5.2% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,768 shares of the e-commerce company’s stock worth $295,000 after acquiring an additional 236 shares during the last quarter. Finally, Copeland Capital Management LLC purchased a new stake in shares of eBay in the fourth quarter valued at $877,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

eBay Trading Down 0.3 %

NASDAQ:EBAY opened at $66.95 on Wednesday. The business’s 50-day moving average is $64.51 and its two-hundred day moving average is $62.05. The firm has a market capitalization of $32.07 billion, a PE ratio of 16.82, a price-to-earnings-growth ratio of 2.15 and a beta of 1.35. eBay Inc. has a 12 month low of $40.74 and a 12 month high of $71.52. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $63.21, for a total transaction of $355,556.25. Following the sale, the chief executive officer now owns 531,167 shares of the company’s stock, valued at $33,575,066.07. The trade was a 1.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Stephen J. Priest sold 5,252 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $63.63, for a total transaction of $334,184.76. Following the completion of the transaction, the chief financial officer now directly owns 65,080 shares of the company’s stock, valued at approximately $4,141,040.40. The trade was a 7.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,524 shares of company stock worth $1,367,784. 0.38% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

EBAY has been the subject of several analyst reports. Stifel Nicolaus boosted their target price on shares of eBay from $56.00 to $64.00 and gave the company a “hold” rating in a research note on Monday, October 28th. Mizuho boosted their price objective on shares of eBay from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of eBay from $70.00 to $63.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. The Goldman Sachs Group boosted their price target on eBay from $46.00 to $55.00 and gave the company a “sell” rating in a report on Tuesday, October 15th. Finally, Wells Fargo & Company raised their price objective on eBay from $59.00 to $61.00 and gave the stock an “equal weight” rating in a report on Monday. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $62.92.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.