Crestwood Capital Management LP Stake in Ebay INC (EBAY) Has Lowered by $5.12 Million

December 8, 2017 - By Ellis Scott

Investors sentiment decreased to 0.89 in Q2 2017. Its down 0.02, from 0.91 in 2017Q1. It is negative, as 57 investors sold EBAY shares while 278 reduced holdings. 67 funds opened positions while 232 raised stakes. 887.72 million shares or 0.62% less from 893.23 million shares in 2017Q1 were reported. 8.91 million were reported by Glenview Capital Lc. Suntrust Banks Inc reported 30,483 shares. Moreover, Citigroup has 0.04% invested in eBay Inc. (NASDAQ:EBAY) for 1.11 million shares. Pennsylvania holds 0.01% or 6,549 shares. Marco Investment Mngmt Ltd Liability holds 0.26% or 45,498 shares. Retirement System Of Alabama reported 0.09% in eBay Inc. (NASDAQ:EBAY). Johnson Fincl Grp Inc holds 1,105 shares or 0.01% of its portfolio. Zeke Cap Advsrs Ltd Liability Company has invested 0.08% of its portfolio in eBay Inc. (NASDAQ:EBAY). Columbia Asset reported 32,457 shares. Balasa Dinverno And Foltz invested in 12,865 shares. Richard Bernstein Advsrs Limited Liability Corp has 0.22% invested in eBay Inc. (NASDAQ:EBAY). Moreover, Franklin Street Advsr Incorporated Nc has 0.05% invested in eBay Inc. (NASDAQ:EBAY). Cambridge Investment Rech Advsr Inc, Iowa-based fund reported 33,228 shares. Bb&T Securities Lc invested in 0.09% or 180,038 shares. Perritt Capital Incorporated reported 12,793 shares.

Michael R. Weisberg decreased its stake in Ebay Inc (EBAY) by 34.88% based on its latest 2017Q2 regulatory filing with the SEC. Crestwood Capital Management Lp sold 150,550 shares as the company’s stock rose 0.21% with the market. The hedge fund run by Michael R. Weisberg held 281,020 shares of the business services company at the end of 2017Q2, valued at $9.81M, down from 431,570 at the end of the previous reported quarter. Crestwood Capital Management Lp who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $38.49B market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $36.85. About 7.63 million shares traded. eBay Inc. (NASDAQ:EBAY) has risen 44.45% since December 8, 2016 and is uptrending. It has outperformed by 27.75% the S&P500.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on January, 24. They expect $0.49 EPS, up 11.36 % or $0.05 from last year’s $0.44 per share. EBAY’s profit will be $511.83 million for 18.80 P/E if the $0.49 EPS becomes a reality. After $0.39 actual EPS reported by eBay Inc. for the previous quarter, Wall Street now forecasts 25.64 % EPS growth.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Usnews.com which released: “Cisco, eBay Inc Left Behind By the Tech Boom” on December 01, 2017, also Seekingalpha.com with their article: “Don’t Be Fooled By eBay’s Low PE” published on November 28, 2017, Livetradingnews.com published: “eBay Inc (NASDAQ:EBAY) Heffx Trading Outlook” on December 04, 2017. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Seekingalpha.com and their article: “eBay: A Great Opportunity” published on November 13, 2017 as well as Fool.com‘s news article titled: “Why 2017 Was a Year to Remember for eBay Inc.” with publication date: November 28, 2017.

eBay Inc. (NASDAQ:EBAY) Ratings Coverage

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 3 Sell and 17 Hold. Therefore 55% are positive. eBay Inc had 136 analyst reports since July 21, 2015 according to SRatingsIntel. Hilliard Lyons upgraded the stock to “Buy” rating in Friday, October 21 report. Stifel Nicolaus maintained eBay Inc. (NASDAQ:EBAY) rating on Thursday, October 12. Stifel Nicolaus has “Hold” rating and $36.0 target. Morgan Stanley downgraded the stock to “Underweight” rating in Tuesday, April 19 report. The rating was maintained by Cowen & Co on Friday, July 14 with “Hold”. Robert W. Baird maintained the stock with “Buy” rating in Monday, June 12 report. The rating was maintained by BMO Capital Markets on Wednesday, November 22 with “Hold”. As per Thursday, July 21, the company rating was maintained by Axiom Capital. RBC Capital Markets maintained the shares of EBAY in report on Thursday, January 26 with “Sector Perform” rating. Bank of America maintained eBay Inc. (NASDAQ:EBAY) on Friday, July 21 with “Buy” rating. The rating was maintained by RBC Capital Markets on Thursday, August 17 with “Hold”.

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