The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. EBay Inc shares valued at $67,073 were sold by Priest Stephen J on Jan 16 ’25. At $64.93 per share, Priest Stephen J sold 1,033 shares. The insider’s holdings dropped to 65,080 shares worth approximately $4.3 million following the completion of this transaction.
Also, STEPHEN J PRIEST purchased 1,033 shares, netting a total of over 67,259 in proceeds.
Before that, IANNONE JAMIE had sold 5,625 shares from its account. In a trade valued at $350,888, the President and CEO traded EBay Inc shares for $62.38 each. Upon closing the transaction, the insider’s holdings decreased to 5,625 shares, worth approximately $35.79 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 surge of approximately 3.32%. Over the course of the year, EBay Inc shares have jumped approximately 6.54%. 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 $63.88, while a 200-day SMA reached $58.68. Nevertheless, trading volume fell to 3.54 million shares from 3.2 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 65.43, which, if violated, would cause prices to drop to 64.85. In the upper region, resistance lies at 67.11. The next price resistance is at 68.21. RSI (Relative Strength Index) is 54.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.97, which suggests the price will decrease in the coming days. Percent R is at 68.83%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
