Baidu (BIDU) Holder Intrust Bank Na Cut Its Holding by $534,888 as Share Value Declined; Ebay (EBAY) Holder Iridian Asset Management Decreased Holding as Stock Value Declined

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Iridian Asset Management Llc decreased its stake in Ebay Inc (EBAY) by 20.15% based on its latest 2018Q3 regulatory filing with the SEC. Iridian Asset Management Llc sold 961,940 shares as the company’s stock declined 14.03% with the market. The hedge fund held 3.81M shares of the business services company at the end of 2018Q3, valued at $125.86 million, down from 4.77M at the end of the previous reported quarter. Iridian Asset Management Llc who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $29.28B market cap company. The stock decreased 0.52% or $0.16 during the last trading session, reaching $30.41. About 13.39M shares traded. eBay Inc. (NASDAQ:EBAY) has declined 21.36% since January 12, 2018 and is downtrending. It has underperformed by 21.36% the S&P500. Some Historical EBAY News: 18/05/2018 – US companies from JPMorgan Chase to eBay have come under fire from shareholder groups for trying to neuter a campaign to strengthen investor oversight of management; 06/04/2018 – Amazon and eBay agree to work with HMRC in crackdown on VAT dodgers; 17/05/2018 – JPMorgan and eBay under fire over shareholder meetings; 25/04/2018 – eBay 1Q Rev $2.58B; 25/04/2018 – EBay Gives Disappointing Outlook, Highlighting Threat of Amazon; 09/05/2018 – EBay to sell its stake in Flipkart, relaunch its own India business; 25/04/2018 – EBAY SEES 2Q ADJ EPS CONT OPS 50C TO 52C, EST. 52C; 25/04/2018 – PayPal Holds Its Own After Losing EBay (Video); 14/03/2018 – eBay-Fujian Cross-Border E-commerce Summit opens in Fuzhou; 01/05/2018 – OfferUp went head to head with Craiglist to build a following. Now it’s going after eBay to build a business

Intrust Bank Na decreased its stake in Baidu Inc (BIDU) by 32.45% based on its latest 2018Q3 regulatory filing with the SEC. Intrust Bank Na sold 2,346 shares as the company’s stock declined 16.10% with the market. The institutional investor held 4,883 shares of the technology company at the end of 2018Q3, valued at $1.12 million, down from 7,229 at the end of the previous reported quarter. Intrust Bank Na who had been investing in Baidu Inc for a number of months, seems to be less bullish one the $57.90B market cap company. The stock decreased 1.33% or $2.24 during the last trading session, reaching $166.11. About 2.34M shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 23.09% since January 12, 2018 and is downtrending. It has underperformed by 23.09% the S&P500. Some Historical BIDU News: 29/04/2018 – With $1.9 Billion Investment, Former Baidu Unit Challenges Fintech Rivals; 26/04/2018 – SHENZHEN EXPRESSWAY 600548.SS 0548.HK SAYS IT SIGNS STRATEGIC AGREEMENT WITH BAIDU’S TECHNOLOGY AFFILIATE ON AREAS INCLUDING BIG DATA, Al AND SMART TRANSPORTATION; 21/05/2018 – BAIDU INC – PURSUANT TO DEFINITIVE AGREEMENTS, BAIDU WILL DIVEST A MAJORITY EQUITY STAKE IN GLOBAL DU BUSINESS; 21/05/2018 – BAIDU IN PACTS TO DIVEST GLOBAL DU; 21/03/2018 – Comment: The price of Chinese companies returning to mainland listings; 23/05/2018 – BAIDU PICKS HUATAI SECURITIES AS SPONSOR OF CDR ISSUANCE:CAIXIN; 28/04/2018 – BAIDU SAYS FINANCE ARM RAISED $1.9B FROM TPG, OTHERS; 09/05/2018 – Brightwire: Baidu to integrate Nuomi Pictures with iQiyi soon; 29/03/2018 – ADRs End Higher; Barclays, Baidu and Gold Fields Trade Actively; 30/04/2018 – Insurance Jrnl: China’s Baidu Selling Majority Stake in Fintechs; Could Target Insurance

Iridian Asset Management Llc, which manages about $11.52B and $9.98 billion US Long portfolio, upped its stake in Intercontinental Exchange Inc (NYSE:ICE) by 3.94M shares to 3.94M shares, valued at $295.37 million in 2018Q3, according to the filing. It also increased its holding in Activision Blizzard Inc (NASDAQ:ATVI) by 803,888 shares in the quarter, for a total of 2.79 million shares, and has risen its stake in Western Digital Corp (NASDAQ:WDC).

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “After Hours Most Active for Jan 2, 2019 : IMGN, MSFT, FOLD, QQQ, EBAY, XOG – Nasdaq” on January 02, 2019, also Investorplace.com with their article: “Why You Should Still Short Amazon Stock – Investorplace.com” published on December 20, 2018, Nasdaq.com published: “Monday 1/7 Insider Buying Report: FDX, EBAY – Nasdaq” on January 07, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Nasdaq.com and their article: “Alibaba to Boost Digital Transformation With A100 Program – Nasdaq” published on January 11, 2019 as well as Nasdaq.com‘s news article titled: “Relative Strength Alert For eBay – Nasdaq” with publication date: December 21, 2018.

Among 46 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 2 Sell and 20 Hold. Therefore 52% are positive. eBay Inc had 199 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, July 6 the stock rating was maintained by Jefferies with “Hold”. KeyBanc Capital Markets maintained the shares of EBAY in report on Wednesday, October 11 with “Hold” rating. SunTrust downgraded the shares of EBAY in report on Tuesday, July 10 to “Hold” rating. Credit Suisse maintained eBay Inc. (NASDAQ:EBAY) rating on Monday, October 29. Credit Suisse has “Outperform” rating and $52 target. Citigroup maintained it with “Buy” rating and $32 target in Friday, April 1 report. RBC Capital Markets maintained eBay Inc. (NASDAQ:EBAY) on Tuesday, July 18 with “Hold” rating. Deutsche Bank maintained it with “Buy” rating and $37 target in Wednesday, October 31 report. Credit Suisse maintained the shares of EBAY in report on Thursday, February 1 with “Buy” rating. The firm has “Overweight” rating by KeyBanc Capital Markets given on Wednesday, October 31. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, January 26.

Since July 23, 2018, it had 1 insider buy, and 6 insider sales for $3.41 million activity. $522,528 worth of eBay Inc. (NASDAQ:EBAY) was sold by Park Joo Man. SWAN ROBERT HOLMES had bought 17,787 shares worth $501,766 on Wednesday, January 2. Shares for $983,558 were sold by Lee Jae Hyun on Wednesday, November 28. Doerger Brian J. sold $99,473 worth of stock. Jones Wendy Elizabeth sold 10,516 shares worth $354,179.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.12, from 0.93 in 2018Q2. It increased, as 51 investors sold EBAY shares while 255 reduced holdings. 92 funds opened positions while 230 raised stakes. 772.11 million shares or 4.76% less from 810.72 million shares in 2018Q2 were reported. Macquarie Group Incorporated Limited accumulated 2.48M shares or 0.13% of the stock. Daiwa Sb Investments Ltd accumulated 160 shares. Goldman Sachs stated it has 0.05% in eBay Inc. (NASDAQ:EBAY). Products Partners Ltd Co holds 0.97% or 707,638 shares in its portfolio. Ontario Teachers Pension Plan Board reported 40,092 shares. Arvest Bankshares Tru Division accumulated 295,851 shares. Vident Inv Advisory Ltd Limited Liability Company invested in 0.01% or 10,734 shares. New York State Common Retirement Fund, a New York-based fund reported 2.94M shares. Sumitomo Mitsui Asset Management owns 67,726 shares. First Republic Investment Mngmt holds 0.01% or 89,220 shares. Fulton Commercial Bank Na accumulated 41,147 shares or 0.09% of the stock. First Eagle Invest Lc has 1.11M shares. Sandy Spring Retail Bank holds 0% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 425 shares. Retirement Of Alabama stated it has 428,961 shares. Pinebridge Ltd Partnership invested in 0.02% or 38,668 shares.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on January, 30. They expect $0.56 earnings per share, up 14.29% or $0.07 from last year’s $0.49 per share. EBAY’s profit will be $539.19M for 13.58 P/E if the $0.56 EPS becomes a reality. After $0.43 actual earnings per share reported by eBay Inc. for the previous quarter, Wall Street now forecasts 30.23% EPS growth.

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Seekingalpha.com which released: “Bilibili up, Weibo and Baidu down on Morgan Stanley updates – Seeking Alpha” on January 08, 2019, also Nasdaq.com with their article: “The NIO Stock Price Is Really Appealing If You Can Stomach the Risk – Nasdaq” published on December 28, 2018, Nasdaq.com published: “Baidu Ups Ante in Self Driving With New Developments at CES – Nasdaq” on January 10, 2019. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Investorplace.com and their article: “AMD Stock Just Keeps Giving Us More to Look Forward To – Investorplace.com” published on January 11, 2019 as well as Nasdaq.com‘s news article titled: “Sum Up The Parts: GURU Could Be Worth $35 – Nasdaq” with publication date: January 07, 2019.

Intrust Bank Na, which manages about $393.94 million US Long portfolio, upped its stake in Vanguard Tax Managed Intl Fd (VEA) by 107,090 shares to 194,369 shares, valued at $8.41M in 2018Q3, according to the filing.

Among 27 analysts covering Baidu (NASDAQ:BIDU), 14 have Buy rating, 2 Sell and 11 Hold. Therefore 52% are positive. Baidu had 77 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Equal-Weight” rating by Barclays Capital on Monday, April 16. The rating was maintained by Oppenheimer with “Buy” on Sunday, May 20. Wells Fargo maintained Baidu, Inc. (NASDAQ:BIDU) on Monday, January 8 with “Buy” rating. The company was maintained on Monday, October 30 by JP Morgan. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Equal-Weight” rating given on Monday, October 30 by Barclays Capital. The stock has “Buy” rating by Jefferies on Monday, April 25. Nomura maintained Baidu, Inc. (NASDAQ:BIDU) rating on Thursday, November 1. Nomura has “Neutral” rating and $206 target. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Neutral” rating given on Monday, January 9 by JP Morgan. The rating was downgraded by Daiwa Securities to “Underperform” on Wednesday, October 7. The firm earned “Hold” rating on Friday, July 29 by TH Capital.

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