eBay Inc (EBAY) : Jasper Ridge Partners added new position in eBay Inc during the most recent quarter end. The investment management firm now holds 76,702 shares of eBay Inc which is valued at $2,369,325 , the company said in a statement filed on Aug 12, 2016 with the SEC.eBay Inc makes up approximately 0.16% of Jasper Ridge Partners’s portfolio.
Other Hedge Funds, Including , Jefferies Group reduced its stake in EBAY by selling 27,849 shares or 18.21% in the most recent quarter. The Hedge Fund company now holds 125,058 shares of EBAY which is valued at $3,863,042. eBay Inc makes up approx 0.13% of Jefferies Group’s portfolio.Mufg Americas Holdings Corp reduced its stake in EBAY by selling 3,129 shares or 21.62% in the most recent quarter. The Hedge Fund company now holds 11,344 shares of EBAY which is valued at $353,933. eBay Inc makes up approx 0.01% of Mufg Americas Holdings Corp’s portfolio.Bank Of The West reduced its stake in EBAY by selling 3,541 shares or 28.78% in the most recent quarter. The Hedge Fund company now holds 8,763 shares of EBAY which is valued at $275,071. eBay Inc makes up approx 0.04% of Bank Of The West’s portfolio. Cypress Capital Management sold out all of its stake in EBAY during the most recent quarter. The investment firm sold 133,811 shares of EBAY which is valued $4,200,327.Nisa Investment Advisors boosted its stake in EBAY in the latest quarter, The investment management firm added 10,565 additional shares and now holds a total of 402,317 shares of eBay Inc which is valued at $10,657,377. eBay Inc makes up approx 0.14% of Nisa Investment Advisors’s portfolio.
eBay Inc opened for trading at $31.25 and hit $31.5 on the upside on Monday, eventually ending the session at $31.4, with a gain of 0.29% or 0.09 points. The heightened volatility saw the trading volume jump to 51,08,768 shares. Company has a market cap of $35,451 M.
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.