Sen. John Boozman Sells Off Shares of eBay Inc. (NASDAQ:EBAY)

Senator John Boozman (R-Arkansas) recently sold shares of eBay Inc. (NASDAQ:EBAY). In a filing disclosed on February 08th, the Senator disclosed that they had sold between $1,001 and $15,000 in eBay stock on January 14th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HP (NYSE:HPQ) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) on 1/28/2025.
• Purchased $1,001 – $15,000 in shares of NRG Energy (NYSE:NRG) on 1/28/2025.
• Purchased $1,001 – $15,000 in shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) on 1/16/2025.
• Purchased $1,001 – $15,000 in shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) on 1/16/2025.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/14/2025.
• Sold $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 1/14/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/14/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/14/2025.

eBay Price Performance

EBAY stock opened at $68.26 on Tuesday. The company has a market capitalization of $32.70 billion, a P/E ratio of 17.15, a PEG ratio of 2.15 and a beta of 1.35. eBay Inc. has a 52-week low of $40.74 and a 52-week high of $71.52. The company has a fifty day moving average price of $64.76 and a 200-day moving average price of $62.44. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25.

Analyst Upgrades and Downgrades

EBAY has been the subject of a number of analyst reports. Wedbush started coverage on eBay in a research report on Monday, December 9th. They set a “neutral” rating and a $70.00 price objective for the company. TD Cowen boosted their target price on eBay from $45.00 to $54.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Robert W. Baird lowered their price objective on shares of eBay from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Piper Sandler raised their target price on eBay from $64.00 to $67.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Finally, Barclays cut their price target on shares of eBay from $65.00 to $64.00 and set an “overweight” rating on the stock in a report on Thursday, October 31st. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, eBay has an average rating of “Hold” and an average target price of $62.92.

Hedge Funds Weigh In On eBay

Several hedge funds have recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new stake in shares of eBay during the 4th quarter worth $27,000. Quarry LP purchased a new position in eBay during the 3rd quarter valued at $36,000. USA Financial Formulas purchased a new stake in eBay in the third quarter worth about $38,000. New Wave Wealth Advisors LLC purchased a new position in eBay during the fourth quarter valued at $36,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of eBay during the third quarter valued at approximately $50,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 5,625 shares of the firm’s stock in a transaction dated 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. This trade represents a 1.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen J. Priest sold 1,033 shares of the stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $64.93, for a total value of $67,072.69. Following the transaction, the chief financial officer now directly owns 65,080 shares in the company, valued at $4,225,644.40. The trade was a 1.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,149 shares of company stock worth $1,746,065. 0.38% of the stock is owned by insiders.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.