EBay Inc.’s recent filing unveils that its VP, Chief Accounting Officer SPENCER REBECCA unloaded Company’s shares for reported $0.11 million on Mar 01 ’24. In the deal valued at $47.20 per share,2,278 shares were sold. As a result of this transaction, SPENCER REBECCA now holds 3,815 shares worth roughly $0.19 million.
Then, Garcia Edward O sold 1,165 shares, generating $50,130 in total proceeds. Upon selling the shares at $43.03, the SVP, Chief Product Officer now owns 31,888 shares.
Before that, Boone Cornelius sold 4,930 shares. EBay Inc. shares valued at $210,314 were divested by the SVP, Chief People Officer at a price of $42.66 per share. As a result of the transaction, Boone Cornelius now holds 49,897 shares, worth roughly $2.54 million.
Morgan Stanley upgraded its EBay Inc. [EBAY] rating to an Overweight from a an Underweight in a research note published on April 18, 2024; the price target was increased to $962 from $35. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid April from “an Underweight” to “an Overweight”. Mizuho also remained covering EBAY and reiterated its “Neutral” recommendation on January 17, 2024.
Price Performance Review of EBAY
On Monday, EBay Inc. [NASDAQ:EBAY] saw its stock jump 1.09% to $50.94. Over the last five days, the stock has gained 0.10%. EBay Inc. shares have risen nearly 16.78% since the year began. Nevertheless, the stocks have risen 17.43% over the past one year. While a 52-week high of $52.93 was reached on 03/28/24, a 52-week low of $37.17 was recorded on 01/16/24. SMA at 50 days reached $49.17, while 200 days put it at $44.38. A total of 4.14 million shares were traded, compared to the trading of 4.3 million shares in the previous session.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 50.50, which if violated will result in even more drops to 50.07. On the upside, there is a resistance level at 51.26. A further resistance level may holdings at 51.58. The Relative Strength Index (RSI) on the 14-day chart is 52.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.13%. Stochastics %K at 29.66% indicates the stock is a holding.
The most recent change occurred on January 09, 2024 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $49 price target.
