Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. EBay Inc shares valued at $184,961 were sold by Garcia Edward O on Feb 19 ’25. At $68.81 per share, Garcia Edward O sold 2,688 shares. The insider’s holdings dropped to 48,237 shares worth approximately $3.35 million following the completion of this transaction.
Also, EDWARD O GARCIA purchased 2,688 shares, netting a total of over 184,961 in proceeds.
Before that, IANNONE JAMIE had sold 5,625 shares from its account. In a trade valued at $378,281, the President and CEO traded EBay Inc shares for $67.25 each. Upon closing the transaction, the insider’s holdings decreased to 5,625 shares, worth approximately $36.88 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 2.24%. Over the course of the year, EBay Inc shares have jumped approximately 12.12%. 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 $65.52, while a 200-day SMA reached $59.99. Nevertheless, trading volume fell to 2.91 million shares from 3.44 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 68.71, which, if violated, would cause prices to drop to 67.96. In the upper region, resistance lies at 69.89. The next price resistance is at 70.32. RSI (Relative Strength Index) is 63.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.19, which suggests the price will increase in the coming days. Percent R is at 16.37%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
