Thursday, March 01, 2018 10:15 PM ET
EBay (EBAY) Insider Makes Significant Share Sale
There was a significant insider sale of EBay shares today, as indicated in a filing with the SEC as — Jae Hyun Lee, Officer — sold 25,613 shares in the company having a market value of approximately $1,106,741 There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 74,565 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 100,178 shares and have averaged 33,393 shares per transaction over this time period.
The number of insider buy/sell trades at EBay is above that of the 22 peer company average over the last 90-day period. The E-commerce & Auction Services peer group saw 9 buy/sell trades during this period for an average of 0.4 transactions per company. However, the number of shares traded per transaction by EBay insiders is lower than its peers. Within the peer group there were 0 shares purchased and 367,565 shares sold with company insiders disposing of 40,841 shares on average over this time period.
Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in creating and writing this story.
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