As Ebay (EBAY) Market Value Rose, Davy Asset Management LTD Has Raised by $486,920 Its Position; Abbvie (ABBV) Stake Held by Quantum Capital Management

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Davy Asset Management Ltd increased its stake in Ebay Inc (EBAY) by 34.05% based on its latest 2018Q4 regulatory filing with the SEC. Davy Asset Management Ltd bought 17,390 shares as the company’s stock rose 25.17% with the market. The institutional investor held 68,464 shares of the business services company at the end of 2018Q4, valued at $1.92 million, up from 51,074 at the end of the previous reported quarter. Davy Asset Management Ltd who had been investing in Ebay Inc for a number of months, seems to be bullish on the $33.36 billion market cap company. The stock increased 0.50% or $0.18 during the last trading session, reaching $36.46. About 13.25 million shares traded. eBay Inc. (NASDAQ:EBAY) has declined 11.88% since March 14, 2018 and is downtrending. It has underperformed by 16.25% the S&P500. Some Historical EBAY News: 23/04/2018 – EBay and PayPal Finalize New Payments Agreement Through July 2023; 06/04/2018 – MEDIA-UK to agree deal with eBay and Amazon over tax evasion- FT; 19/04/2018 – GENERAL MOTORS CO – ELECTION OF WENIG TO BOARD’S SLATE OF NOMINEES WILL BRING GM’S BOARD OF DIRECTORS TO 11 MEMBERS; 09/05/2018 – EBAY PLANS TO RELAUNCH EBAY INDIA WITH A DIFFERENTIATED OFFER; 14/05/2018 – GLIDE’s 19th Annual eBay Auction for Power Lunch With Warren Buffett, Runs May 27 ? June 1; 19/04/2018 – EBAY INC EBAY.O : CITIGROUP RAISES TARGET PRICE TO $58 FROM $50; 10/05/2018 – eBay to relaunch India operations after earning $1.1 billion from Flipkart stake; 25/05/2018 – Comm. O’Rielly’s 5/25/18 letter to eBay and Amazon re: set top boxes; 25/04/2018 – eBay 1Q Operating Margin 22.5%; 09/05/2018 – EBay is selling its holdings in Flipkart and relaunching eBay India after Walmart bought a $16 billion majority position in the e-commerce company

Quantum Capital Management increased its stake in Abbvie Inc (ABBV) by 37.6% based on its latest 2018Q4 regulatory filing with the SEC. Quantum Capital Management bought 3,404 shares as the company’s stock declined 10.66% while stock markets rallied. The institutional investor held 12,457 shares of the major pharmaceuticals company at the end of 2018Q4, valued at $1.15 million, up from 9,053 at the end of the previous reported quarter. Quantum Capital Management who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $116.43 billion market cap company. The stock increased 0.24% or $0.19 during the last trading session, reaching $78.93. About 5.98M shares traded. AbbVie Inc. (NYSE:ABBV) has declined 30.20% since March 14, 2018 and is downtrending. It has underperformed by 34.57% the S&P500. Some Historical ABBV News: 31/05/2018 – AbbVie to Present New Data from Several Investigational Studies of Venetoclax as Monotherapy or in Combination for the Management of a Number of Difficult-to-Treat Blood Cancers at 23rd European Hematology Association (EHA) Annual Congres?; 25/05/2018 – AstraZeneca: Imfinzi Meets Secondary Endpoint in Phase 3 Pacific Trial; 30/04/2018 – AbbVie’s Mavyret Rises After 1-Wk Fall, Epclusa Advances: Hep-C; 30/05/2018 – China Drug Administration Approves Epclusa(R) (Sofosbuvir/Velpatasvir), Gilead’s Pan-Genotypic Treatment for Chronic Hepatitis C Virus Infection; 30/05/2018 – AbbVie Announces Updated Preliminary Results of Tender Offer; 05/04/2018 – Samsung, Biogen Reach Deal With AbbVie to Sell Near Copy of Humira; 17/04/2018 – Blood-cancer treatments Imbruvica and Darzalex have boosted J&J’s pharmaceutical sales, while rheumatoid arthritis drug Remicade has been under pressure; 14/05/2018 – Gilead’s Epclusa Falls After 3-Wk Rise, Mavyret Advances: Hep-C; 10/04/2018 – AbbVie Presenting at Deutsche Bank Health Care Conference May 9; 25/04/2018 – AbbVie Submits Biologics License Application To U.S. FDA For Investigational Treatment Risankizumab For Moderate To Severe Plaque Psoriasis

Since November 29, 2018, it had 0 insider purchases, and 5 sales for $21.78 million activity. Shares for $5.40M were sold by CHASE WILLIAM J. $8.81 million worth of stock was sold by Schumacher Laura J on Tuesday, December 4. GONZALEZ RICHARD A had sold 16,850 shares worth $1.50M on Tuesday, December 11.

More notable recent AbbVie Inc. (NYSE:ABBV) news were published by: Seekingalpha.com which released: “Painkiller stocks in the red on possible Purdue bankruptcy – Seeking Alpha” on March 04, 2019, also Seekingalpha.com with their article: “Day of reckoning for Big Pharma – Seeking Alpha” published on February 26, 2019, Seekingalpha.com published: “Raymond James bullish on Teva after Q4 report – Seeking Alpha” on February 14, 2019. More interesting news about AbbVie Inc. (NYSE:ABBV) were released by: Seekingalpha.com and their article: “GTx to merge with Oncternal Therapeutics – Seeking Alpha” published on March 07, 2019 as well as Seekingalpha.com‘s news article titled: “Canada to institute tighter restrictions on opioid marketing – Seeking Alpha” with publication date: March 11, 2019.

Investors sentiment increased to 0.83 in 2018 Q4. Its up 0.01, from 0.82 in 2018Q3. It increased, as 60 investors sold ABBV shares while 631 reduced holdings. 129 funds opened positions while 444 raised stakes. 996.27 million shares or 0.22% more from 994.12 million shares in 2018Q3 were reported. Hyman Charles D has invested 0.23% of its portfolio in AbbVie Inc. (NYSE:ABBV). Montrusco Bolton Investments Incorporated holds 0.04% or 5,716 shares. Haverford holds 0.18% of its portfolio in AbbVie Inc. (NYSE:ABBV) for 90,719 shares. Raymond James Trust Na accumulated 0.96% or 161,150 shares. Gateway Advisers Lc reported 0.71% stake. Goldman Sachs Group Inc accumulated 12.54M shares. Butensky Cohen Fincl Security Inc holds 18,504 shares or 1.51% of its portfolio. Orbis Invest Mgmt (Us) LP holds 12.98% or 140,412 shares in its portfolio. Farmers Merchants Invests owns 108,656 shares. Caprock Gru accumulated 12,675 shares. 2,752 are owned by Advisory Alpha Limited Liability Company. Focused Wealth Mngmt reported 1,679 shares. Gyroscope Capital Mngmt Group owns 30,923 shares or 1.09% of their US portfolio. The Pennsylvania-based Orrstown Financial Svcs has invested 0.04% in AbbVie Inc. (NYSE:ABBV). Moreover, Tower Bridge Advsrs has 0% invested in AbbVie Inc. (NYSE:ABBV) for 28,351 shares.

Quantum Capital Management, which manages about $700.30 million and $172.34 million US Long portfolio, decreased its stake in Omnicom Group Inc (NYSE:OMC) by 6,663 shares to 11,526 shares, valued at $844,000 in 2018Q4, according to the filing. It also reduced its holding in Mastec Inc (NYSE:MTZ) by 81,218 shares in the quarter, leaving it with 6,030 shares, and cut its stake in Spirit Aerosystems Hldgs Inc (NYSE:SPR).

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “EBay announces review of StubHub, Classifieds in deal with Elliott – Nasdaq” on March 01, 2019, also Nasdaq.com with their article: “What Is Driving Growth For eBay Following The PayPal Spin-Off? – Nasdaq” published on March 05, 2019, Nasdaq.com published: “After Hours Most Active for Mar 7, 2019 : LTHM, MSFT, S, GE, F, MRO, PFE, GLPI, PTEN, MNST, EBAY, RMBS – Nasdaq” on March 07, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Benzinga.com and their article: “eBay Teams Up with Influential Women in Comics to Launch Superheroine HQ, the World’s First All-Female Superhero Store – Benzinga” published on March 06, 2019 as well as Nasdaq.com‘s news article titled: “Noteworthy Tuesday Option Activity: EBAY, XOM, DLTR – Nasdaq” with publication date: February 19, 2019.

Davy Asset Management Ltd, which manages about $273.01M US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 18,309 shares to 58,106 shares, valued at $3.96M in 2018Q4, according to the filing. It also reduced its holding in Procter And Gamble Co (NYSE:PG) by 18,073 shares in the quarter, leaving it with 49,274 shares, and cut its stake in International Business Machs (NYSE:IBM).

eBay Inc. (NASDAQ:EBAY) Institutional Positions Chart