KD Logo

EBay Inc (EBAY) gets rating Upgrade from Bernstein

In a filing, EBay Inc revealed its President and CEO IANNONE JAMIE unloaded Company’s shares for reported $0.34 million on Nov 05 ’24. In the deal valued at $61.13 per share,5,625 shares were sold. As a result of this transaction, IANNONE JAMIE now holds 542,417 shares worth roughly $33.86 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, IANNONE JAMIE sold 5,625 shares, generating $336,994 in total proceeds. Upon selling the shares at $59.91, the President and CEO now owns 548,042 shares.

Before that, James Joseph Iannone bought 11,250 shares. EBay Inc shares valued at $677,588 were divested by the Officer at a price of $60.23 per share.

Bernstein upgraded its EBay Inc [EBAY] rating to an Outperform from a a Mkt perform in a research note published recently. Cantor Fitzgerald began covering EBAY with “Neutral” recommendation on September 05, 2024. Wolfe Research started covering the stock on July 16, 2024. It rated EBAY as “a Peer perform”.

Price Performance Review of EBAY

On Monday, EBay Inc [NASDAQ:EBAY] saw its stock jump 0.87% to $62.43. Over the last five days, the stock has gained 3.65%. EBay Inc shares have risen nearly 43.12% since the year began. Nevertheless, the stocks have risen 56.35% over the past one year. While a 52-week high of $67.80 was reached on 10/15/24, a 52-week low of $38.60 was recorded on 01/16/24. SMA at 50 days reached $63.31, while 200 days put it at $54.51.

Levels Of Support And Resistance For EBAY Stock

The 24-hour chart illustrates a support level at 61.97, which if violated will result in even more drops to 61.51. On the upside, there is a resistance level at 62.89. A further resistance level may holdings at 63.35. The Relative Strength Index (RSI) on the 14-day chart is 49.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.88%. Stochastics %K at 68.23% indicates the stock is a holding.

How much short interest is there in EBay Inc?

A steep rise in short interest was recorded in EBay Inc stocks on 2024-10-15, dropping by -7.17 million shares to a total of 21.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 28.26 million shares. There was a decline of -33.98%, which implies that there is a negative sentiment for the stock.

Most Popular