The Insider Raymond Pittman Sold 60000 shares of eBay Inc. (EBAY); Shorts at DANAKALI LTD ORDINARY SHARES (SBMSF) Lowered By 95.93%

February 28, 2018 - By Jerrie Dane

The SVP – Chief Product Officer of Ebay Inc and firm’s insider Raymond Pittman unloaded 60,000 shares of the firm based on the average price of stock which is $43.7 for each one share. The mentioned shares are worth based on the market close to $2,619,318 USD. The regulatory filing shows that Raymond Pittman now has ownership of roughly 0.01% of the California-based company’s total market capitalization

DANAKALI LTD ORDINARY SHARES (OTCMKTS:SBMSF) had a decrease of 95.93% in short interest. SBMSF’s SI was 1,000 shares in February as released by FINRA. Its down 95.93% from 24,600 shares previously. The stock decreased 1.69% or $0.01 during the last trading session, reaching $0.58. About shares traded. Danakali Limited (OTCMKTS:SBMSF) has 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.

Danakali Limited operates in mining industry in Eritrea, East Africa. The company has market cap of $137.69 million. It primarily holds interests in the Colluli potash project in the Danakil region of Eritrea. It currently has negative earnings. The firm was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015.

Since September 7, 2017, it had 0 insider purchases, and 6 insider sales for $10.54 million activity. FISHER STEPHEN sold $2.61M worth of stock or 69,406 shares. Lee Jae Hyun sold $633,885 worth of stock. The insider SWAN ROBERT HOLMES sold 25,000 shares worth $937,805. Yetto Kristin A had sold 70,398 shares worth $2.64 million. $2.72 million worth of eBay Inc. (NASDAQ:EBAY) was sold by Huber Marie Oh.

The stock decreased 1.55% or $0.68 during the last trading session, reaching $43.15. About 9.24 million shares traded. eBay Inc. (NASDAQ:EBAY) has risen 44.45% since February 28, 2017 and is uptrending. It has outperformed by 27.75% the S&P500.

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 25 have Buy rating, 3 Sell and 16 Hold. Therefore 57% are positive. eBay Inc has $69 highest and $22.50 lowest target. $41.62’s average target is -3.55% below currents $43.15 stock price. eBay Inc had 161 analyst reports since July 21, 2015 according to SRatingsIntel. Evercore initiated eBay Inc. (NASDAQ:EBAY) on Monday, August 17 with “Hold” rating. The stock of eBay Inc. (NASDAQ:EBAY) has “Buy” rating given on Monday, September 25 by Robert W. Baird. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, October 22. Morgan Stanley downgraded the stock to “Underweight” rating in Tuesday, April 19 report. Robert W. Baird maintained the shares of EBAY in report on Monday, January 8 with “Buy” rating. The firm earned “Buy” rating on Friday, July 21 by Maxim Group. On Thursday, August 17 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of eBay Inc. (NASDAQ:EBAY) has “Hold” rating given on Monday, August 21 by Jefferies. Raymond James downgraded the stock to “Market Perform” rating in Thursday, July 23 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, August 27.

eBay Inc. operates commerce platforms that connect various buyers and sellers worldwide. The company has market cap of $43.67 billion. The Company’s platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. It currently has negative earnings. The companyÂ’s Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and Ticketbis platforms that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on April, 18. They expect $0.44 EPS, up 2.33% or $0.01 from last year’s $0.43 per share. EBAY’s profit will be $445.31 million for 24.52 P/E if the $0.44 EPS becomes a reality. After $0.49 actual EPS reported by eBay Inc. for the previous quarter, Wall Street now forecasts -10.20% negative EPS growth.

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.16, from 0.89 in 2017Q2. It turned negative, as 47 investors sold eBay Inc. shares while 306 reduced holdings. 72 funds opened positions while 186 raised stakes. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Robeco Institutional Asset Mgmt Bv has invested 0.02% in eBay Inc. (NASDAQ:EBAY). Joel Isaacson And Ltd Liability Corporation has invested 0.06% in eBay Inc. (NASDAQ:EBAY). Cubic Asset owns 6,850 shares. Johnson Financial Grp Inc invested in 1,000 shares. Appleton Ma holds 0.13% or 20,753 shares. Keybank National Association Oh holds 42,077 shares. Orrstown Financial Incorporated holds 0.04% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 910 shares. 56,796 are held by Centurylink Management. X Management Com Lc holds 0.02% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 17,140 shares. Nordea Inv Management Ab owns 18.41M shares. Columbus Circle Invsts stated it has 42,395 shares. Federated Inc Pa has invested 0.11% in eBay Inc. (NASDAQ:EBAY). 17,333 are owned by First Allied Advisory Inc. Pictet And Cie (Europe) reported 33,937 shares. Cibc Asset Mgmt Inc has invested 0.04% in eBay Inc. (NASDAQ:EBAY).