Ebay Inc (NASDAQ:EBAY) Stock Price Up as Sentiment Crashes, now at 0.79

June 27, 2018 - By Lena Young

eBay Inc. (NASDAQ:EBAY) Corporate Logo

“Big money” Positions

“Big money sentiment for Ebay Inc (NASDAQ:EBAY) in Q1 2018 decreased to 0.79, revealed SEC filings. So its down -0.13, from 2017Q4’s 0.92. 283 investment managers started new and increased stock positions, while 358 sold and decreased holdings in Ebay Inc so the sentiment dived. These funds own 835.10 million shares, that’s down from 870.62 million shares in 2017Q4. Funds holding Ebay Inc in top 10 changed to 13 from 15 for a decrease of 2. 44 Investors Sold All; 314 Reduced Holdings; 180 increased holdings while 103 investment managers bought holdings.

Biggest Ebay Inc Shareholders

As of Q1 2018 Shannon River Fund Management Llc has 7.85% invested in Ebay Inc. As of Q1 2018, 19.01 million shares of Ebay Inc are owned by Independent Franchise Partners Llp. In addition, Lindsell Train Ltd reported 5.84 million shares in Ebay Inc equivalent to 6.21% of its US long equity exposure. Kingstown Capital Management L.P. revealed 1.00 million shares position in Ebay Inc. The Washington-based fund Smead Capital Management Inc. holds 2.12 million shares or 4.12% of their US long equity exposure.

eBay Inc. operates commerce platforms that connect various buyers and sellers worldwide.The firm is worth $36.85 billion. The Company’s platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually.Currently it has negative earnings. The companyÂ’s Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and Ticketbis platforms that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

The stock decreased 0.11% or $0.04 during the last trading session, reaching $37.07.eBay Inc. is uptrending after having risen 7.72% since June 27, 2017. EBAY has 9.87 million volume or 2.19% up from normal. EBAY underperformed the S&P 500 by 4.85%.

eBay Inc. (NASDAQ:EBAY)’s quarterly earnings will be announced on July, 19., RTT reports. Analysts expect change of 14.71 % or $0.05 from previous year’s $0.34 EPS compared to current’s $0.39 EPS. If EPS of $0.39 is announced the profit of EBAY could reach $387.65 million giving it 23.76 P/E. After $0.41 EPS was announced previous quarter, analysts now see negative EPS growth of -4.88 % for eBay Inc..

Hartford Fin Mgmt Inc holds 0.02% or 820 shs in its capital. Mutual Of America Capital Management Ltd Company has invested 0.07% in eBay Inc. (NASDAQ:EBAY). Cordasco Network accumulated 100 shs. Evanston Investments Dba Evanston Advisors stated it has 2.01% in eBay Inc. (NASDAQ:EBAY). The France-based Natixis has invested 0.3% in eBay Inc. (NASDAQ:EBAY). Da Davidson Company has 0.02% invested in eBay Inc. (NASDAQ:EBAY). Magellan Asset Mngmt Limited stated it has 3.73% of its capital in eBay Inc. (NASDAQ:EBAY). Scout Investments Inc reported 0.18% of its capital in eBay Inc. (NASDAQ:EBAY). Indiana-based First Corporation In has invested 0.43% in eBay Inc. (NASDAQ:EBAY). Northwest Invest Counselors Lc owns 41,334 shs or 0.7% of their US capital. House Ltd Liability Company invested in 0.14% or 28,475 shs. Artemis Invest Mngmt Ltd Liability Partnership reported 0.09% stake. First Quadrant L P Ca has invested 0.05% in eBay Inc. (NASDAQ:EBAY). Pictet Cie (Europe) Sa reported 38,289 shs stake. Blackrock invested in 60.05 million shs.

eBay Inc. registered $14.64 million net activity with 0 insider buys and 10 sales since February 5, 2018. The insider FISHER STEPHEN sold $464,939. Schenkel Scott F. also sold $5.68M worth of eBay Inc. (NASDAQ:EBAY) on Wednesday, February 28. On Friday, April 20 $1.76M worth of stock was sold by SWAN ROBERT HOLMES. Another trade for 35,631 shs valued at $1.35 million was made by Huber Marie Oh on Wednesday, May 16. Another trade for 60,000 shs valued at $2.62 million was sold by PITTMAN RAYMOND J. $352,226 worth of eBay Inc. (NASDAQ:EBAY) was sold by Doerger Brian J..

eBay Inc. (NASDAQ:EBAY) Ratings Coverage

Total analysts of 24 have positions in Ebay (NASDAQ:EBAY) as follows: 14 rated it a “Buy”, 1 with “Sell” and 9 with “Hold”. The positive are 58%. The firm has $60 highest while $40.0 is the lowest target price. The average target $47.55 is 28.27% above the last ($37.07) price. Since January 2, 2018 according to StockzIntelligence Inc Ebay has 37 analyst reports. On Thursday, April 12 the rating was maintained by Robert W. Baird with “Buy”. On Thursday, February 1 Canaccord Genuity maintained eBay Inc. (NASDAQ:EBAY) rating. Canaccord Genuity has “Hold” rating and $43.0 target. On Tuesday, January 2 the firm earned “Hold” rating by Canaccord Genuity. The stock rating was maintained by BMO Capital Markets with “Buy” on Thursday, February 1. In Thursday, April 26 report UBS maintained it with “Buy” rating and $47 target. On Thursday, April 26 the firm has “Neutral” rating given by Macquarie Research. The stock rating was maintained by Credit Suisse with “Buy” on Thursday, February 1. On Thursday, April 26 the stock of eBay Inc. (NASDAQ:EBAY) earned “Hold” rating by Jefferies. On Thursday, February 1 the firm earned “Sell” rating by Mizuho. On Friday, March 2 the firm has “Strong Buy” rating by Raymond James given.

For more eBay Inc. (NASDAQ:EBAY) news announced briefly go to: Seekingalpha.com, Nasdaq.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “How Will The New Sales Tax Ruling Impact Online Retailers?” announced on June 24, 2018, “3 Numbers Most People Don’t Know About eBay” on June 14, 2018, “Alibaba Is A No-Brainer” with a publish date: June 26, 2018, “Similar To Uber, eBay Network Effects Offer Big Upside” and the last “eBay Eyeing International Markets” with publication date: June 06, 2018.

eBay Inc. (NASDAQ:EBAY) Institutional Investors Chart

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