Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. EBay Inc shares valued at $350,888 were sold by IANNONE JAMIE on Jan 02 ’25. At $62.38 per share, IANNONE JAMIE sold 5,625 shares. The insider’s holdings dropped to 542,248 shares worth approximately $37.63 million following the completion of this transaction.
Also, IANNONE JAMIE sold 5,625 shares, netting a total of over 347,512 in proceeds. Following the sale of shares at $61.78 each, the insider now holds 536,623 shares.
Before that, James Joseph Iannone had added 11,250 shares to its account. In a trade valued at $700,538, the Officer bought EBay Inc shares for $62.27 each.
As published in a research note from Jefferies on December 10, 2024, EBay Inc [EBAY] has been rated down from a Hold to an Underperform and the price target has been revised to $52 from $60. Analysts at Wedbush started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of November 05, 2024, Bernstein has increased its “Mkt perform” rating to a “an Outperform” for EBAY.
Analyzing EBAY Stock Performance
During the last five days, there has been a surge of approximately 12.03%. Over the course of the year, EBay Inc shares have jumped approximately 12.03%. Shares of the company reached a 52-week high of $71.52 on 01/08/25 and a 52-week low of $61.11 on 01/03/25. A 50-day SMA is recorded $62.81, while a 200-day SMA reached $57.80. Nevertheless, trading volume fell to 21.89 million shares from 3.87 million shares the previous day.
Support And Resistance Levels for EBay Inc (EBAY)
According to the 24-hour chart, there is a support level at 67.63, which, if violated, would cause prices to drop to 65.87. In the upper region, resistance lies at 71.34. The next price resistance is at 73.29. RSI (Relative Strength Index) is 72.57 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.56, which suggests the price will increase in the coming days. Percent R is at 19.67%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
