U.S. Capital Wealth Advisors LLC Buys 236 Shares of eBay Inc. (NASDAQ:EBAY)

U.S. Capital Wealth Advisors LLC grew its position in eBay Inc. (NASDAQ:EBAY) by 5.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,768 shares of the e-commerce company’s stock after purchasing an additional 236 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in eBay were worth $295,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Quarry LP purchased a new stake in shares of eBay during the 3rd quarter worth $36,000. New Wave Wealth Advisors LLC acquired a new position in shares of eBay in the fourth quarter valued at about $36,000. USA Financial Formulas acquired a new position in shares of eBay in the third quarter valued at about $38,000. Northwest Investment Counselors LLC acquired a new stake in eBay during the third quarter worth about $50,000. Finally, Versant Capital Management Inc grew its holdings in eBay by 115.5% during the fourth quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company’s stock worth $52,000 after acquiring an additional 448 shares during the period. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EBAY. Stifel Nicolaus increased their price target on eBay from $56.00 to $64.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Mizuho lifted their price target on eBay from $55.00 to $60.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Truist Financial boosted their price objective on eBay from $58.00 to $62.00 and gave the stock a “hold” rating in a research note on Tuesday, November 5th. UBS Group lowered their price objective on eBay from $72.00 to $66.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Finally, Citigroup boosted their price objective on eBay from $68.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. 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.com, the stock has a consensus rating of “Hold” and a consensus price target of $62.92.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 5,625 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was 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 in the company, valued at $33,575,066.07. This represents a 1.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Cornelius Boone sold 3,989 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $65.20, for a total value of $260,082.80. Following the transaction, the senior vice president now directly owns 71,469 shares of the company’s stock, valued at approximately $4,659,778.80. This represents a 5.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,149 shares of company stock worth $1,746,065 in the last quarter. 0.38% of the stock is owned by company insiders.

eBay Price Performance

EBAY stock opened at $67.50 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $32.33 billion, a PE ratio of 16.96, a P/E/G 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 business’s fifty day moving average price is $64.60 and its 200 day moving average price is $62.18.

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.