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 $33.32 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 1.60% to $65.28. Over the last five days, the stock has lost -7.42%. EBay Inc shares have risen nearly 5.38% since the year began. Nevertheless, the stocks have risen 28.23% 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 $66.57, while 200 days put it at $61.23.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 64.58, which if violated will result in even more drops to 63.88. On the upside, there is a resistance level at 65.72. A further resistance level may holdings at 66.15. The Relative Strength Index (RSI) on the 14-day chart is 44.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.92%. Stochastics %K at 33.17% 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 2025-02-28, growing by 0.17 million shares to a total of 17.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 17.39 million shares. There was a rise of 0.97%, which implies that there is a positive 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.
