Global Thematic Partners Llc Decreased Ebay Inc (NASDAQ:EBAY) Stake By $25.59 Million

October 13, 2017 - By Henry Gaston

Investors sentiment decreased to 0.89 in 2017 Q2. 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. Regent Inv Ltd Com holds 0.11% or 8,600 shares. Pub Employees Retirement Association Of Colorado invested in 0.05% or 198,839 shares. Kerrisdale Advisers Ltd Limited Liability Company reported 227,555 shares or 7.31% of all its holdings. Fdx Advisors Inc has invested 0.1% in eBay Inc (NASDAQ:EBAY). Voya Investment Mgmt Ltd Liability Company holds 700,728 shares or 0.05% of its portfolio. Da Davidson reported 17,930 shares or 0.01% of all its holdings. Moreover, Regentatlantic Lc has 0.25% invested in eBay Inc (NASDAQ:EBAY) for 79,392 shares. Palo Cap Inc holds 1.15% in eBay Inc (NASDAQ:EBAY) or 58,091 shares. First Trust Advisors L P holds 0.51% of its portfolio in eBay Inc (NASDAQ:EBAY) for 5.51 million shares. Howe & Rusling accumulated 111 shares. Moreover, Apg Asset Mngmt Nv has 0.25% invested in eBay Inc (NASDAQ:EBAY). Federated Investors Inc Pa holds 0.1% or 1.03 million shares in its portfolio. Ulysses Mngmt Ltd Llc has invested 1.84% of its portfolio in eBay Inc (NASDAQ:EBAY). Mutual Of America Capital Mgmt Ltd invested in 122,522 shares. Markston International Lc holds 0.65% or 190,412 shares in its portfolio.

Since May 4, 2017, it had 0 insider purchases, and 8 sales for $4.14 million activity. 6,204 eBay Inc (NASDAQ:EBAY) shares with value of $213,236 were sold by Lee Jae Hyun. FISHER STEPHEN also sold $223,808 worth of eBay Inc (NASDAQ:EBAY) shares. Another trade for 2,903 shares valued at $99,030 was made by Doerger Brian J. on Friday, May 12. The insider SWAN ROBERT HOLMES sold $875,000. 35,000 shares were sold by PITTMAN RAYMOND J, worth $1.20M on Wednesday, May 31.

Global Thematic Partners Llc decreased its stake in Ebay Inc (NASDAQ:EBAY) by 30.78% based on its latest 2017Q3 regulatory filing with the SEC. Global Thematic Partners Llc sold 673,310 shares as the company’s stock rose 0.21% with the market. The institutional investor held 1.51M shares of the business services company at the end of 2017Q3, valued at $58.24 million, down from 2.19M at the end of the previous reported quarter. Global Thematic Partners Llc who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $41.05 billion market cap company. The stock increased 0.68% or $0.26 during the last trading session, reaching $38.35. About 9.42 million shares traded or 27.64% up from the average. eBay Inc (NASDAQ:EBAY) has risen 44.45% since October 14, 2016 and is uptrending. It has outperformed by 27.75% the S&P500.

Global Thematic Partners Llc, which manages about $12.76B and $3.13B US Long portfolio, upped its stake in Medidata Solutions Inc (NASDAQ:MDSO) by 539,063 shares to 1.04M shares, valued at $81.22 million in 2017Q3, according to the filing. It also increased its holding in Adobe Sys Inc (NASDAQ:ADBE) by 195,167 shares in the quarter, for a total of 339,867 shares, and has risen its stake in Match Group Inc ().

Global Thematic Partners Llc is a New York-based institutional investor with more than $12.76 billion AUM in September, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Global Thematic Partners latest Adv, the fund reported to have 21 full and part-time employees. Among which 11 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

eBay Inc (NASDAQ:EBAY) Ratings Coverage

Among 42 analysts covering eBay Inc (NASDAQ:EBAY), 23 have Buy rating, 3 Sell and 16 Hold. Therefore 55% are positive. eBay Inc has $69 highest and $22.50 lowest target. $37.28’s average target is -2.79% below currents $38.35 stock price. eBay Inc had 119 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $43 target in Friday, July 21 report. The stock has “Buy” rating by Deutsche Bank on Thursday, September 29. The rating was maintained by Aegis Capital on Thursday, January 26 with “Buy”. Benchmark maintained eBay Inc (NASDAQ:EBAY) on Thursday, January 28 with “Buy” rating. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, October 11 report. The firm has “Hold” rating by Stifel Nicolaus given on Monday, July 17. On Thursday, July 23 the stock rating was maintained by UBS with “Buy”. On Friday, June 2 the stock rating was maintained by Jefferies with “Hold”. Susquehanna maintained the stock with “Buy” rating in Friday, July 21 report. On Friday, July 14 the stock rating was maintained by Canaccord Genuity with “Hold”.

eBay Inc. is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The company has market cap of $41.05 billion. The Firm connects buyers and sellers around the world. It has a 5.76 P/E ratio. The Company’s platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

More recent eBay Inc (NASDAQ:EBAY) news were published by: Fool.com which released: “Better Buy: eBay Inc. vs Amazon.com” on October 01, 2017. Also Seekingalpha.com published the news titled: “eBay: Buy On The Breakout” on September 19, 2017. Investorplace.com‘s news article titled: “Amazon.com, Inc. (AMZN), eBay Inc (EBAY) Accused of Ignoring Tax Fraud” with publication date: September 14, 2017 was also an interesting one.

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