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Analyzing EBay Inc (EBAY) After Recent Trading Activity

In a filing, EBay Inc revealed its SVP, Chief Financial Officer Priest Stephen J unloaded Company’s shares for reported $67073.0 on Jan 16 ’25. In the deal valued at $64.93 per share,1,033 shares were sold. As a result of this transaction, Priest Stephen J now holds 65,080 shares worth roughly $4.39 million.

Then, STEPHEN J PRIEST bought 1,033 shares, generating $67,259 in total proceeds.

Before that, IANNONE JAMIE sold 5,625 shares. EBay Inc shares valued at $350,888 were divested by the President and CEO at a price of $62.38 per share. As a result of the transaction, IANNONE JAMIE now holds 542,248 shares, worth roughly $36.59 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 -0.06% to $67.48. Over the last five days, the stock has gained 4.12%. EBay Inc shares have risen nearly 8.93% since the year began. Nevertheless, the stocks have risen 60.86% over the past one year. While a 52-week high of $71.52 was reached on 01/08/25, a 52-week low of $40.74 was recorded on 01/03/25. SMA at 50 days reached $64.11, while 200 days put it at $58.85.

Levels Of Support And Resistance For EBAY Stock

The 24-hour chart illustrates a support level at 67.07, which if violated will result in even more drops to 66.65. On the upside, there is a resistance level at 67.91. A further resistance level may holdings at 68.33. The Relative Strength Index (RSI) on the 14-day chart is 59.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.86%. Stochastics %K at 63.93% 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 2025-01-15, dropping by -1.94 million shares to a total of 18.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 20.91 million shares. There was a decline of -10.22%, 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.

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