Jamie Iannone Sells 7,221 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the completion of the sale, the chief executive officer directly owned 246,812 shares of the company’s stock, valued at approximately $22,788,151.96. This trade represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jamie Iannone also recently made the following trade(s):

• On Wednesday, July 2nd, Jamie Iannone sold 10,974 shares of eBay stock. The stock was sold at an average price of $75.75, for a total value of $831,280.50.
• On Tuesday, July 1st, Jamie Iannone sold 12,644 shares of eBay stock. The stock was sold at an average price of $76.02, for a total value of $961,196.88.

eBay Price Performance

NASDAQ EBAY opened at $92.46 on Wednesday. The business has a 50 day simple moving average of $87.71 and a 200 day simple moving average of $75.89. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $42.25 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 2.25 and a beta of 1.32.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the prior year, the business earned $1.18 EPS. eBay’s revenue for the quarter was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 29th. eBay’s dividend payout ratio (DPR) is currently 25.55%.

Institutional Investors Weigh In On eBay

Several large investors have recently made changes to their positions in the stock. Independent Franchise Partners LLP lifted its holdings in eBay by 4.6% during the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after purchasing an additional 510,629 shares during the last quarter. Nordea Investment Management AB lifted its holdings in eBay by 5.6% during the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after purchasing an additional 478,410 shares during the last quarter. Invesco Ltd. lifted its holdings in eBay by 1.7% during the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after purchasing an additional 140,160 shares during the last quarter. Northern Trust Corp lifted its holdings in eBay by 4.4% during the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock valued at $481,525,000 after purchasing an additional 300,216 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after purchasing an additional 322,910 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of eBay from $81.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Needham & Company LLC raised their price target on shares of eBay from $78.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Susquehanna raised their price target on shares of eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Stifel Nicolaus raised their price target on shares of eBay from $62.00 to $68.00 and gave the stock a “hold” rating in a research note on Tuesday, July 29th. Finally, Wells Fargo & Company raised their price target on shares of eBay from $66.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $78.89.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.