Investec Asset Management LTD Reduces Position in eBay Inc. (NASDAQ:EBAY)

(NASDAQ:EBAY) by 27.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 217,607 shares of the e-commerce company's stock after selling 622,708 shares during the period. Investec Asset Management North America Inc.'s holdings in eBay were worth $12,398,000 as of its most recent filing with the Securities and Exchange Commission. It turned negative, as 57 investors sold EBAY shares while 278 reduced holdings. Investec Asset Management PTY Ltd grew its position in eBay by 3.4% during the third quarter. Marble Harbor Investment Counsel LLC now owns 125,455 shares of the e-commerce company's stock valued at $4,127,000 after buying an additional 5,445 shares during the last quarter. Harding Loevner LP bought a new position in shares of eBay during the 2nd quarter worth $128,878,000. Synovus Financial Corp boosted its position in shares of eBay by 164.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,779,300 shares of the e-commerce company's stock worth $131,973,000 after acquiring an additional 3,458,300 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of eBay by 8.3% in the 3rd quarter. Ownership Capital B.V. now owns 717,294 shares of the e-commerce company's stock valued at $23,599,000 after buying an additional 107,931 shares during the last quarter. Wedbush Securities Inc. now owns 12,591 shares of the e-commerce company's stock worth $440,000 after acquiring an additional 178 shares during the period. Investors measure stock performance on the basis of a company's earnings power.

In related news, SVP Stephen Fisher sold 69,406 shares of the firm's stock in a transaction on Friday, October 20th. The stock was sold at an average price of $37.63, for a total value of $2,611,747.78. Following the completion of the sale, the senior vice president now directly owns 144,047 shares in the company, valued at $5,420,488.61. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

In other eBay news, VP Brian J. Doerger sold 6,660 shares of the company's stock in a transaction on Monday, November 27th. The stock was sold at an average price of $35.75, for a total value of $155,834.25. Following the completion of the sale, the vice president now owns 33,604 shares of the company's stock, valued at $1,128,086.28. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. Over the last three months, insiders sold 184,242 shares of company stock valued at $6,842,297. The average revenue per share growth rate of eBay Inc. during the past 12 months was 11.5 percent. According to today's trading volume eBay Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. The stock had a trading volume of 5,840,715 shares. The firm has a market cap of $39,192.30, a price-to-earnings ratio of 23.45, a P/E/G ratio of 2.88 and a beta of 1.33. Boston Private Wealth Lc has 0.02% invested in eBay Inc.

(NASDAQ:EBAY) earned "Hold" rating by RBC Capital Markets on Wednesday, October 11.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 5.52%, and has a solid year to date (YTD) performance of 26.1% which means that the stock is constantly adding to its value from the previous fiscal year end price.

This publicly-traded company's Revenue/Share ratio is 8.52, compared to 152.31 for the industry overall. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The firm's revenue was up 8.7% compared to the same quarter last year. sell-side analysts predict that eBay Inc. will post 1.65 earnings per share for the current fiscal year. Aegis reaffirmed a "buy" rating and issued a $44.00 price target (up previously from $42.00) on shares of eBay in a report on Tuesday, September 19th. They set a "hold" rating and a $38.00 target price for the company. Finally, Guggenheim started coverage on eBay in a research report on Friday, October 20th. Piper Jaffray Companies set a $34.00 target price on shares of eBay and gave the stock a "hold" rating in a research note on Wednesday, October 11th. DA Davidson initiated coverage on eBay in a report on Wednesday, September 13th.

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 3 Sell and 17 Hold.

eBay Inc. operates commerce platforms that connect various buyers and sellers worldwide. (NASDAQ:EBAY) Stake Lessened by Oppenheimer & Co. (NASDAQ:EBAY). Wg Shaheen & Dba Whitney & reported 0.59% in eBay Inc.

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