Apertura Capital adds eBay Inc (EBAY) to its portfolio

eBay Inc (EBAY) : Apertura Capital added new position in eBay Inc during the most recent quarter end. The investment management firm now holds 100,000 shares of eBay Inc which is valued at $3,120,000 , the company said in a statement filed on Aug 9, 2016 with the SEC.eBay Inc makes up approximately 4.52% of Apertura Capital’s portfolio.

Other Hedge Funds, Including , Fukoku Mutual Life Insurance Co reduced its stake in EBAY by selling 1,100 shares or 12.79% in the most recent quarter. The Hedge Fund company now holds 7,500 shares of EBAY which is valued at $233,625. eBay Inc makes up approx 0.05% of Fukoku Mutual Life Insurance Co’s portfolio.Calvert Investment Management boosted its stake in EBAY in the latest quarter, The investment management firm added 1,373 additional shares and now holds a total of 57,718 shares of eBay Inc which is valued at $1,811,768. eBay Inc makes up approx 0.09% of Calvert Investment Management’s portfolio.Diam Ltd. boosted its stake in EBAY in the latest quarter, The investment management firm added 5,000 additional shares and now holds a total of 160,563 shares of eBay Inc which is valued at $4,969,425. eBay Inc makes up approx 0.07% of Diam Ltd.’s portfolio.Exane Derivatives boosted its stake in EBAY in the latest quarter, The investment management firm added 6,114 additional shares and now holds a total of 14,875 shares of eBay Inc which is valued at $460,381. eBay Inc makes up approx 0.08% of Exane Derivatives’s portfolio.Shell Asset Management Co reduced its stake in EBAY by selling 63,841 shares or 28.31% in the most recent quarter. The Hedge Fund company now holds 161,656 shares of EBAY which is valued at $5,061,449. eBay Inc makes up approx 0.12% of Shell Asset Management Co’s portfolio.

eBay Inc closed down -0.22 points or -0.71% at $30.61 with 69,61,482 shares getting traded on Wednesday. Post opening the session at $30.88, the shares hit an intraday low of $30.49 and an intraday high of $30.9 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, eBay Inc reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.42. The company had revenue of $2230.00 million for the quarter, compared to analysts expectations of $2173.50 million. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Many Wall Street Analysts have commented on eBay Inc. Company shares were Reiterated by Mizuho on Jul 21, 2016 to “Neutral”, Firm has raised the Price Target to $ 31 from a previous price target of $26 .Company shares were Reiterated by The Benchmark Company on Jul 21, 2016 to “Buy”, Firm has raised the Price Target to $ 33 from a previous price target of $29 .Company shares were Reiterated by Canaccord Genuity on Jul 21, 2016 to “Hold”, Firm has raised the Price Target to $ 28 from a previous price target of $27 .

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.

Leave a Reply

eBay Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on eBay Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.