Why Is EBAY Up Today?

eBay stock is trading -7.96% below its average target price of $47.81 after marking a 2.1% during today's morning session. Analysts are giving the large-cap Specialty Retail company an average rating of hold and target prices ranging from $33.0 to $58.0 per share.

The stock has an average amount of shares sold short at 2.7%, and a short ratio of 2.77. The company's insiders own 0.27% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 91.2% of eBay's shares being owned by this investor type.

Institutions Invested in eBay

Date Reported Holder Percentage Shares Value
2022-12-31 Vanguard Group, Inc. (The) 11% 61,117,121 $2,689,458,974
2022-12-31 Blackrock Inc. 8% 45,574,165 $2,005,491,179
2022-12-31 State Street Corporation 4% 22,945,359 $1,009,710,547
2022-12-31 FMR, LLC 3% 15,839,388 $697,012,285
2022-12-31 Geode Capital Management, LLC 2% 11,592,512 $510,128,502
2023-03-31 Nordea Investment Management AB 2% 11,065,216 $486,924,841
2022-12-31 Independent Franchise Partners, LLP 2% 10,365,256 $456,123,101
2022-12-31 Comprehensive Financial Management, LLC 2% 10,034,010 $441,546,620
2022-12-31 Ameriprise Financial, Inc. 2% 8,629,201 $379,727,999
2022-12-31 Mirova US, LLC 2% 8,225,868 $361,979,330
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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