EBay Inc’s recently made public that its President and CEO IANNONE JAMIE unloaded Company’s shares for reported $0.5 million on Mar 04 ’25. In the deal valued at $66.92 per share,7,500 shares were sold. As a result of this transaction, IANNONE JAMIE now holds 510,373 shares worth roughly $35.99 million.
Then, IANNONE JAMIE sold 7,500 shares, generating $490,865 in total proceeds. Upon selling the shares at $65.45, the President and CEO now owns 517,873 shares.
Before that, James Joseph Iannone bought 15,000 shares. EBay Inc shares valued at $978,300 were divested by the Officer at a price of $65.22 per share.
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 3.89% to $70.51. Over the last five days, the stock has gained 8.91%. EBay Inc shares have risen nearly 13.82% since the year began. Nevertheless, the stocks have risen 40.77% over the past one year. While a 52-week high of $71.61 was reached on 02/26/25, a 52-week low of $48.52 was recorded on 01/03/25. SMA at 50 days reached $66.33, while 200 days put it at $60.90.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 68.35, which if violated will result in even more drops to 66.18. On the upside, there is a resistance level at 71.70. A further resistance level may holdings at 72.88. The Relative Strength Index (RSI) on the 14-day chart is 60.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.93%. Stochastics %K at 67.20% indicates the stock is a holding.
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.
