eBay (NASDAQ:EBAY) Stock Unloaded Sen. John Boozman

Senator John Boozman (R-Arkansas) recently sold shares of eBay Inc. NASDAQ: EBAY. In a filing disclosed on February 08th, the Senator disclosed that they had sold between $1,001 and $15,000 in eBay stock on January 14th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of HP NYSE: HPQ on 1/28/2025.
• Sold $1,001 - $15,000 in shares of iShares S&P 500 Growth ETF NYSEARCA: IVW on 1/28/2025.
• Purchased $1,001 - $15,000 in shares of NRG Energy NYSE: NRG on 1/28/2025.
• Purchased $1,001 - $15,000 in shares of Invesco Short Term Treasury ETF NYSEARCA: TBLL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of SPDR S&P 500 ETF Trust NYSEARCA: SPY on 1/16/2025.
• Purchased $1,001 - $15,000 in shares of Invesco Short Term Treasury ETF NYSEARCA: TBLL on 1/16/2025.
• Purchased $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 1/14/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 1/14/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/14/2025.
• Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/14/2025.

eBay Trading Down 0.8 %

Shares of NASDAQ:EBAY traded down $0.52 during trading on Wednesday, hitting $67.94. 3,089,904 shares of the company's stock were exchanged, compared to its average volume of 4,499,012. The firm has a 50-day moving average price of $64.97 and a two-hundred day moving average price of $62.64. The firm has a market cap of $32.54 billion, a P/E ratio of 17.07, a PEG ratio of 2.15 and a beta of 1.35. eBay Inc. has a 1-year low of $40.74 and a 1-year high of $71.52. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14.

Insider Buying and Selling at eBay

In other news, CFO Stephen J. Priest sold 5,252 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $63.63, for a total value of $334,184.76. Following the completion of the sale, the chief financial officer now directly owns 65,080 shares of the company's stock, valued at $4,141,040.40. This represents a 7.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jamie Iannone sold 5,625 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $63.21, for a total value of $355,556.25. Following the completion of the sale, the chief executive officer now directly owns 531,167 shares of the company's stock, valued at $33,575,066.07. The trade was a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,149 shares of company stock valued at $1,746,065. 0.38% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On eBay

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new position in shares of eBay in the fourth quarter worth about $27,000. Quarry LP bought a new stake in shares of eBay in the 3rd quarter valued at about $36,000. New Wave Wealth Advisors LLC acquired a new stake in eBay during the 4th quarter valued at approximately $36,000. USA Financial Formulas acquired a new stake in shares of eBay during the third quarter worth $38,000. Finally, Lee Danner & Bass Inc. bought a new position in shares of eBay in the 4th quarter worth about $40,000. 87.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EBAY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on eBay from $70.00 to $63.00 and set a "buy" rating for the company in a report on Friday, November 1st. Needham & Company LLC reaffirmed a "buy" rating and issued a $72.00 price objective on shares of eBay in a research report on Thursday, October 31st. Robert W. Baird reduced their price target on eBay from $70.00 to $68.00 and set an "outperform" rating for the company in a research report on Thursday, October 31st. Wedbush initiated coverage on eBay in a report on Monday, December 9th. They issued a "neutral" rating and a $70.00 price objective for the company. Finally, Piper Sandler boosted their target price on shares of eBay from $64.00 to $67.00 and gave the stock an "overweight" rating in a report on Thursday, October 31st. 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's stock. According to MarketBeat, eBay currently has a consensus rating of "Hold" and a consensus price target of $62.92.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.