Yousif Capital Management LLC Sells 2,935 Shares of eBay Inc. (NASDAQ:EBAY)

Yousif Capital Management LLC lessened its position in eBay Inc. (NASDAQ:EBAY) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,041 shares of the e-commerce company’s stock after selling 2,935 shares during the quarter. Yousif Capital Management LLC’s holdings in eBay were worth $4,277,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in EBAY. E. Ohman J or Asset Management AB raised its holdings in shares of eBay by 6.1% during the 4th quarter. E. Ohman J or Asset Management AB now owns 23,140 shares of the e-commerce company’s stock valued at $1,434,000 after buying an additional 1,340 shares in the last quarter. Columbus Macro LLC raised its stake in shares of eBay by 55.8% during the fourth quarter. Columbus Macro LLC now owns 4,809 shares of the e-commerce company’s stock worth $298,000 after acquiring an additional 1,723 shares in the last quarter. One Wealth Advisors LLC lifted its holdings in shares of eBay by 27.0% in the 4th quarter. One Wealth Advisors LLC now owns 5,118 shares of the e-commerce company’s stock worth $317,000 after acquiring an additional 1,087 shares during the last quarter. JB Capital LLC boosted its stake in shares of eBay by 3.9% in the 4th quarter. JB Capital LLC now owns 191,608 shares of the e-commerce company’s stock valued at $11,870,000 after purchasing an additional 7,160 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its holdings in shares of eBay by 5.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,768 shares of the e-commerce company’s stock valued at $295,000 after purchasing an additional 236 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. JMP Securities restated a “market perform” rating on shares of eBay in a research report on Monday, December 16th. Needham & Company LLC restated a “buy” rating and set a $72.00 target price on shares of eBay in a report on Thursday, October 31st. Wells Fargo & Company lifted their price target on eBay from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. Truist Financial increased their price objective on eBay from $58.00 to $62.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th. Finally, Citigroup lifted their target price on shares of eBay from $68.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $62.92.

eBay Trading Up 0.5 %

NASDAQ:EBAY opened at $67.83 on Friday. eBay Inc. has a one year low of $40.74 and a one year high of $71.52. The company’s 50-day simple moving average is $64.67 and its 200 day simple moving average is $62.22. The firm has a market capitalization of $32.49 billion, a P/E ratio of 17.04, a PEG ratio of 2.15 and a beta of 1.35. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25.

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 5,625 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $67.25, for a total transaction of $378,281.25. Following the sale, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at approximately $35,709,615.50. This represents a 1.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 3,989 shares of eBay stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $65.20, for a total transaction of $260,082.80. Following the completion of the transaction, the senior vice president now directly owns 71,469 shares of the company’s stock, valued at $4,659,778.80. This trade represents a 5.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,149 shares of company stock valued at $1,746,065 in the last ninety days. 0.38% of the stock is currently owned by corporate insiders.

About eBay

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.