Rational Advisors LLC Decreases Holdings in eBay Inc. (EBAY)

Rational Advisors LLC trimmed its holdings in eBay Inc. (NASDAQ:EBAY) by 9.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,000 shares of the e-commerce company’s stock after selling 2,000 shares during the quarter. Rational Advisors LLC’s holdings in eBay were worth $769,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Westside Investment Management Inc. lifted its stake in eBay by 1.7% in the 2nd 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. Usca Ria LLC increased its holdings 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 during the last quarter. CENTRAL TRUST Co increased its holdings in shares of eBay by 1.2% during the 2nd quarter. CENTRAL TRUST Co now owns 9,653 shares of the e-commerce company’s stock worth $337,000 after buying an additional 110 shares during the last quarter. Boston Private Wealth LLC increased its holdings 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 during the last quarter. Finally, Security National Trust Co. increased its holdings 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 during the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

In other eBay news, Director Robert Holmes Swan sold 25,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $37.51, for a total transaction of $937,750.00. Following the transaction, the director now directly owns 262,119 shares in the company, valued at $9,832,083.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Stephen Fisher sold 69,406 shares of the company’s 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 transaction, the senior vice president now owns 144,047 shares in the company, valued at $5,420,488.61. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 171,182 shares of company stock worth $6,423,142. Company insiders own 6.78% of the company’s stock.

Shares of eBay Inc. (NASDAQ:EBAY) traded down $0.04 during trading on Monday, hitting $35.58. 7,542,600 shares of the stock were exchanged, compared to its average volume of 8,870,065. eBay Inc. has a twelve month low of $27.28 and a twelve month high of $39.28. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $37,170.00, a price-to-earnings ratio of 22.24, a price-to-earnings-growth ratio of 2.73 and a beta of 1.38.

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

A number of brokerages have recently issued reports on EBAY. Canaccord Genuity restated a “hold” rating and set a $34.00 price target on shares of eBay in a report on Wednesday, September 6th. SunTrust Banks, Inc. began coverage on shares of eBay in a report on Tuesday, August 15th. They set a “hold” rating and a $38.00 price target for the company. BidaskClub downgraded shares of eBay from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. DA Davidson began coverage on shares of eBay in a report on Wednesday, September 13th. They set a “buy” rating and a $45.00 price target for the company. Finally, Robert W. Baird restated a “buy” rating and set a $38.00 price target on shares of eBay in a report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seventeen have assigned a buy rating to the company. eBay has an average rating of “Hold” and a consensus target price of $38.45.

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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)

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