EBay Inc’s recent filing unveils that its SVP, Chief Product Officer Garcia Edward O unloaded Company’s shares for reported $0.18 million on Feb 19 ’25. In the deal valued at $68.81 per share,2,688 shares were sold. As a result of this transaction, Garcia Edward O now holds 48,237 shares worth roughly $3.38 million.
Then, EDWARD O GARCIA bought 2,688 shares, generating $184,961 in total proceeds.
Before that, IANNONE JAMIE sold 5,625 shares. EBay Inc shares valued at $378,281 were divested by the President and CEO at a price of $67.25 per share. As a result of the transaction, IANNONE JAMIE now holds 530,998 shares, worth roughly $37.16 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 jump 0.86% to $69.99. Over the last five days, the stock has gained 0.13%. EBay Inc shares have risen nearly 12.98% since the year began. Nevertheless, the stocks have risen 59.79% over the past one year. While a 52-week high of $71.52 was reached on 01/08/25, a 52-week low of $43.12 was recorded on 01/03/25. SMA at 50 days reached $65.73, while 200 days put it at $60.19.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 69.18, which if violated will result in even more drops to 68.38. On the upside, there is a resistance level at 70.74. A further resistance level may holdings at 71.50. The Relative Strength Index (RSI) on the 14-day chart is 65.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.38%. Stochastics %K at 82.31% indicates the stock is a selling.
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.
