Ebay Inc (EBAY) Files Form 4 Insider Selling : Brian J. Doerger Sells 14,474 Shares

Ebay Inc (EBAY): Brian J. Doerger , VP, Chief Accounting Officer of Ebay Inc sold 14,474 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $24.08 per share for a total value of $348,533.91 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Brian J. Doerger (VP, Chief Accounting Officer) sold 20,000 shares at $24.03 per share price.On May 3, 2016, Kristin A Yetto (SVP, Chief People Officer) sold 10,630 shares at $24.11 per share price.Also, On Mar 4, 2016, Paul S Pressler (director) purchased 4,180 shares at $23.94 per share price.On Mar 1, 2016, Raymond J Pittman (SVP, Chief Product Officer,) sold 78,537 shares at $24.33 per share price.

eBay Inc: On Friday, May 20, 2016 heightened volatility was witnessed in eBay Inc which led to swings in the share price. The shares opened for trading at $23.44 and hit $23.76 on the upside , eventually ending the session at $23.65, with a gain of 0.98% or 0.23 points. The heightened volatility saw the trading volume jump to 68,25,387 shares. The 52-week high of the share price is $29.83 and the company has a market cap of $27,172 M . The 52-week low of the share price is at $21.515.

eBay Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.eBay Inc is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 28 from a previous price target of $29 . The Rating was issued on Apr 27, 2016.eBay Inc is Downgraded by Morgan Stanley to Underweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Apr 19, 2016.eBay Inc is Downgraded by Barclays to Underweight while Lowering the Price Target of the company shares to $ 25 from a previous price target of $28 . Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Mar 29, 2016.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Company’s segments include Marketplaces and Payments. The Company’s Marketplaces segment includes its ebay.com platform and its localized counterparts as well as other online platforms such as its online classifieds sites and StubHub. The Company’s Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula BilBasen dba.dk eBay Classifieds (eBay Classifieds eBay Kleinanzeigen and eBay Annunci) Gumtree Kijiji iBazar 2dehands.be 2ememain.be LoQUo Marktplaats.nl and mobile.de. It also offers trust and safety programs including PayPal’s Seller Protection and Purchase Protection Programs through its PayPal. It offers mobile applications for iPhone iPad Android and Windows mobile devices.

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