Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. EBay Inc shares valued at $67,259 were purchased by STEPHEN J PRIEST on Jan 16 ’25. At $65.11 per share, STEPHEN J PRIEST acquired 1,033 shares.
Also, IANNONE JAMIE sold 5,625 shares, netting a total of over 350,888 in proceeds. Following the sale of shares at $62.38 each, the insider now holds 542,248 shares.
Before that, IANNONE JAMIE had sold 5,625 shares from its account. In a trade valued at $347,512, the President and CEO traded EBay Inc shares for $61.78 each. Upon closing the transaction, the insider’s holdings decreased to 5,625 shares, worth approximately $34.91 million.
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 drop of approximately -6.25%. Over the course of the year, EBay Inc shares have jumped approximately 5.02%. 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 $63.25, while a 200-day SMA reached $58.14. Nevertheless, trading volume fell to 2.94 million shares from 4.35 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 64.55, which, if violated, would cause prices to drop to 64.03. In the upper region, resistance lies at 65.44. The next price resistance is at 65.81. RSI (Relative Strength Index) is 53.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.84, which suggests the price will decrease in the coming days. Percent R is at 59.93%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
