In a filing, EBay Inc revealed its President and CEO IANNONE JAMIE unloaded Company’s shares for reported $0.35 million on Jan 02 ’25. In the deal valued at $62.38 per share,5,625 shares were sold. As a result of this transaction, IANNONE JAMIE now holds 542,248 shares worth roughly $35.64 million.
Then, IANNONE JAMIE sold 5,625 shares, generating $347,512 in total proceeds. Upon selling the shares at $61.78, the President and CEO now owns 536,623 shares.
Before that, James Joseph Iannone bought 11,250 shares. EBay Inc shares valued at $700,538 were divested by the Officer at a price of $62.27 per share.
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 Monday, EBay Inc [NASDAQ:EBAY] saw its stock fall -0.27% to $65.72. Over the last five days, the stock has gained 6.67%. EBay Inc shares have risen nearly 6.09% since the year began. Nevertheless, the stocks have risen 54.42% over the past one year. While a 52-week high of $71.52 was reached on 01/08/25, a 52-week low of $40.16 was recorded on 01/03/25. SMA at 50 days reached $62.92, while 200 days put it at $57.95.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 64.54, which if violated will result in even more drops to 63.36. On the upside, there is a resistance level at 66.63. A further resistance level may holdings at 67.54. The Relative Strength Index (RSI) on the 14-day chart is 56.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 53.80%. Stochastics %K at 58.13% 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 2024-12-31, dropping by -3.43 million shares to a total of 18.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 22.3 million shares. There was a decline of -18.18%, which implies that there is a negative 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.
