O Brien Greene & Co. Inc Has $992,000 Stock Position in eBay Inc. (NASDAQ:EBAY)

O Brien Greene & Co. Inc raised its position in eBay Inc. (NASDAQ:EBAY) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,016 shares of the e-commerce company’s stock after purchasing an additional 334 shares during the quarter. O Brien Greene & Co. Inc’s holdings in eBay were worth $992,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EBAY. Wealth Group Ltd. bought a new position in eBay during the third quarter valued at approximately $543,000. Creative Planning raised its holdings in shares of eBay by 5.4% during the 3rd quarter. Creative Planning now owns 65,816 shares of the e-commerce company’s stock valued at $4,285,000 after purchasing an additional 3,401 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of eBay by 372.7% in the 3rd quarter. Blue Trust Inc. now owns 5,053 shares of the e-commerce company’s stock valued at $329,000 after purchasing an additional 3,984 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in eBay by 13.0% in the third quarter. Foundations Investment Advisors LLC now owns 4,955 shares of the e-commerce company’s stock worth $323,000 after purchasing an additional 569 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in eBay by 4.8% during the third quarter. Sequoia Financial Advisors LLC now owns 14,101 shares of the e-commerce company’s stock worth $918,000 after buying an additional 643 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Stock Performance

eBay stock opened at $69.33 on Thursday. The firm has a market capitalization of $33.21 billion, a P/E ratio of 17.42, a P/E/G ratio of 2.23 and a beta of 1.35. The stock has a fifty day moving average price of $65.53 and a two-hundred day moving average price of $63.13. eBay Inc. has a 52-week low of $42.97 and a 52-week high of $71.52. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EBAY shares. JMP Securities reiterated a “market perform” rating on shares of eBay in a research note on Monday, December 16th. Benchmark reaffirmed a “buy” rating and set a $65.00 target price on shares of eBay in a research report on Tuesday, October 29th. Piper Sandler lifted their price target on shares of eBay from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Wedbush started coverage on shares of eBay in a research note on Monday, December 9th. They issued a “neutral” rating and a $70.00 price objective for the company. Finally, Sanford C. Bernstein upgraded shares of eBay from a “market perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, eBay has an average rating of “Hold” and an average target price of $63.13.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $67.25, for a total value of $378,281.25. Following the transaction, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at $35,709,615.50. The trade was a 1.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Stephen J. Priest sold 1,033 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $64.93, for a total value of $67,072.69. Following the sale, the chief financial officer now directly owns 65,080 shares of the company’s stock, valued at $4,225,644.40. This represents a 1.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,149 shares of company stock valued at $1,746,065. 0.38% of the stock is owned by insiders.

eBay Company Profile

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.