Market Analysis

On August 15, 2024, Rebecca Spencer, Vice President, Chief Accounting Officer of eBay Inc (NASDAQ:EBAY), sold 2,128 shares of the company. The transaction was executed at a price of $56.19 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 4,247 shares of eBay Inc.

eBay Inc operates as a global commerce leader that connects millions of buyers and sellers around the world. The platform aims to create economic opportunity for individuals, entrepreneurs, businesses, and organizations of all sizes.

Over the past year, Rebecca Spencer has sold a total of 4,211 shares of eBay Inc and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 13 insider sells and no insider buys over the past year.

The shares of eBay Inc were trading at $56.19 on the day of the sale, giving the company a market cap of approximately $27.72 billion. The price-earnings ratio of the stock stands at 11.01, which is lower than the industry median of 17.205. This valuation suggests a relatively lower price compared to earnings than the broader industry.

According to the GF Value, eBay Inc has a price-to-GF-Value ratio of 1.06, indicating that the stock is Fairly Valued. The GF Value is a proprietary measure used to determine the fair value of a stock based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.