On September 17, 2024, Edward Garcia, Senior Vice President and Chief Product Officer of eBay Inc (EBAY, Financial), sold 987 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 41,584 shares of eBay Inc.
eBay Inc operates as a global commerce leader that connects millions of buyers and sellers around the world. The platform includes eBay Marketplace and eBay Classifieds Group, which collectively reach a wide audience with their unique offerings.
Over the past year, Edward Garcia has sold a total of 11,655 shares and has not purchased any shares. This recent sale is part of a broader trend within eBay Inc, where there have been 18 insider sells and no insider buys over the past year.
Shares of eBay Inc were trading at $64.61 on the day of the sale, giving the company a market cap of approximately $30.91 billion. The price-earnings ratio of the stock is 12.28, which is lower than the industry median of 17.745.
According to the GF Value, the intrinsic value of eBay Inc's stock is estimated at $53.48. With the current price of $64.61, the stock has a price-to-GF-Value ratio of 1.21, indicating that it is Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and the valuation levels of eBay Inc as indicated by the GF Value and other financial metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
