EBay Inc’s recently made public that its Officer James Joseph Iannone acquired Company’s shares for reported $0.7 million on Jan 02 ’25. In the deal valued at $62.27 per share,11,250 shares were bought.
Then, Priest Stephen J sold 5,252 shares, generating $334,200 in total proceeds. Upon selling the shares at $63.63, the SVP, Chief Financial Officer now owns 65,080 shares.
Before that, Garcia Edward O sold 990 shares. EBay Inc shares valued at $64,548 were divested by the SVP, Chief Product Officer at a price of $65.20 per share. As a result of the transaction, Garcia Edward O now holds 46,038 shares, worth roughly $2.84 million.
Jefferies downgraded its EBay Inc [EBAY] rating to an Underperform from a a Hold in a research note published on December 10, 2024; the price target was decreased to $52 from $60. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Bernstein also remained covering EBAY and has increased its forecast on November 05, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating.
Price Performance Review of EBAY
On Friday, EBay Inc [NASDAQ:EBAY] saw its stock fall -1.06% to $61.61. Over the last five days, the stock has lost -3.45%. EBay Inc shares have fallen nearly -0.55% since the year began. Nevertheless, the stocks have risen 41.47% over the past one year. While a 52-week high of $67.80 was reached on 01/02/25, a 52-week low of $40.16 was recorded on 01/03/25. SMA at 50 days reached $62.70, while 200 days put it at $57.60.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 60.93, which if violated will result in even more drops to 60.24. On the upside, there is a resistance level at 62.48. A further resistance level may holdings at 63.34. The Relative Strength Index (RSI) on the 14-day chart is 39.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.95%. Stochastics %K at 20.82% 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 2024-12-13, growing by 0.92 million shares to a total of 20.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 19.98 million shares. There was a rise of 4.42%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 05, 2024 when Cantor Fitzgerald began covering the stock and recommended ‘”a Neutral”‘ rating along with a $62 price target.
