eBay Inc. has shown a mixed performance with outperforming competitors despite losses.
KBC Group NV and
Principal Financial Group Inc. have increased their shareholdings, while firms like
Empower Advisory Group and
Victory Capital Management Inc. have reduced their stakes significantly. This follows eBay's lackluster Q4 guidance and concerns about the holiday shopping season, which led to falling shares. Despite these concerns, several analysts believe eBay is a top long-term value stock, suggesting upside potential in its core categories. For instance,
Bernstein upgraded the stock after it fell due to disappointing guidance. While the stock slid after Q3 guidance missed estimates, eBay's Q3 earnings and revenues did surpass predictions. However, insiders like CEO
Jamie Iannone have been selling off shares which can indicate hesitancy. Meanwhile, eBay's stock performance has held steady even as some predict a bearish outlook.
Ebay Stocks News Analytics from Thu, 04 Apr 2024 07:00:00 GMT to Sat, 16 Nov 2024 10:52:49 GMT -
Rating -1
- Innovation 0
- Information 5
- Rumor -3
