Yousif Capital Management LLC Sells 2,935 Shares of eBay Inc. (NASDAQ:EBAY)

Yousif Capital Management LLC trimmed its holdings in eBay Inc. (NASDAQ:EBAY) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 69,041 shares of the e-commerce company’s stock after selling 2,935 shares during the quarter. Yousif Capital Management LLC’s holdings in eBay were worth $4,277,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in eBay by 0.3% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 52,494 shares of the e-commerce company’s stock valued at $3,418,000 after buying an additional 153 shares in the last quarter. Cypress Wealth Services LLC raised its stake in shares of eBay by 4.7% in the fourth quarter. Cypress Wealth Services LLC now owns 3,488 shares of the e-commerce company’s stock valued at $216,000 after acquiring an additional 157 shares during the period. Capital Investment Advisors LLC grew its holdings in eBay by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 4,226 shares of the e-commerce company’s stock valued at $262,000 after purchasing an additional 167 shares during the last quarter. Optas LLC raised its holdings in shares of eBay by 0.5% in the third quarter. Optas LLC now owns 34,082 shares of the e-commerce company’s stock worth $2,219,000 after buying an additional 171 shares during the period. Finally, Kathmere Capital Management LLC boosted its stake in shares of eBay by 1.2% during the fourth quarter. Kathmere Capital Management LLC now owns 14,250 shares of the e-commerce company’s stock valued at $883,000 after purchasing an additional 173 shares during the period. Hedge funds and other institutional investors own 87.48% of the company’s stock.

eBay Stock Performance

Shares of EBAY stock opened at $67.83 on Friday. The business has a fifty day moving average of $64.67 and a 200 day moving average of $62.22. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market capitalization of $32.49 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 2.15 and a beta of 1.35. eBay Inc. has a 1 year low of $40.74 and a 1 year high of $71.52.

Analysts Set New Price Targets

A number of brokerages have commented on EBAY. Stifel Nicolaus upped their target price on shares of eBay from $56.00 to $64.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Robert W. Baird dropped their price objective on eBay from $70.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Piper Sandler lifted their target price on eBay from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Benchmark reissued a “buy” rating and set a $65.00 price target on shares of eBay in a research report on Tuesday, October 29th. Finally, StockNews.com lowered shares of eBay from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, eBay currently has an average rating of “Hold” and a consensus target price of $62.92.

Insider Buying and Selling

In other eBay news, CFO Stephen J. Priest sold 5,252 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $63.63, for a total transaction of $334,184.76. Following the sale, the chief financial officer now directly owns 65,080 shares of the company’s stock, valued at approximately $4,141,040.40. This trade represents a 7.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $63.21, for a total value of $355,556.25. Following the transaction, 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 27,149 shares of company stock worth $1,746,065. 0.38% of the stock is owned by company insiders.

eBay 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.