EBay Inc’s recently made public that its SVP, Chief Product Officer Garcia Edward O unloaded Company’s shares for reported $1.2 million on Mar 18 ’25. In the deal valued at $65.23 per share,18,380 shares were sold. As a result of this transaction, Garcia Edward O now holds 57,065 shares worth roughly $3.8 million.
Then, Boone Cornelius sold 3,958 shares, generating $265,423 in total proceeds. Upon selling the shares at $67.06, the SVP, Chief People Officer now owns 94,392 shares.
Before that, Priest Stephen J sold 5,253 shares. EBay Inc shares valued at $352,482 were divested by the SVP, Chief Financial Officer at a price of $67.10 per share. As a result of the transaction, Priest Stephen J now holds 93,140 shares, worth roughly $6.2 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 Monday, EBay Inc [NASDAQ:EBAY] saw its stock jump 1.16% to $66.54. Over the last five days, the stock has lost -1.33%. EBay Inc shares have risen nearly 7.41% since the year began. Nevertheless, the stocks have risen 28.04% 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 $66.92, while 200 days put it at $61.62.
Levels Of Support And Resistance For EBAY Stock
The 24-hour chart illustrates a support level at 65.40, which if violated will result in even more drops to 64.26. On the upside, there is a resistance level at 67.15. A further resistance level may holdings at 67.76. The Relative Strength Index (RSI) on the 14-day chart is 49.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.67%. Stochastics %K at 29.01% 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.
