eBay Inc. (NASDAQ:EBAY – Get Free Report) CEO Jamie Iannone sold 11,110 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $102.35, for a total value of $1,137,108.50. Following the completion of the sale, the chief executive officer owned 230,991 shares in the company, valued at approximately $23,641,928.85. The trade was a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jamie Iannone also recently made the following trade(s):
- On Wednesday, August 5th, Jamie Iannone sold 11,110 shares of eBay stock. The shares were sold at an average price of $108.55, for a total value of $1,205,990.50.
- On Monday, July 6th, Jamie Iannone sold 11,110 shares of eBay stock. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30.
eBay Trading Up 1.5%
Shares of NASDAQ:EBAY traded up $1.52 on Thursday, hitting $105.03. 3,565,375 shares of the company’s stock were exchanged, compared to its average volume of 4,283,598. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The stock has a market capitalization of $46.74 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 2.75 and a beta of 1.34. The business’s 50 day simple moving average is $108.83 and its two-hundred day simple moving average is $104.33. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02.
eBay Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. eBay’s dividend payout ratio (DPR) is 25.67%.
eBay News Summary
Here are the key news stories impacting eBay this week:
- Positive Sentiment: Analysts continue to favor eBay over GameStop. Commentary highlighting eBay’s stronger profitability and cleaner investment profile is supportive, particularly as GameStop reported a nearly 20% year-over-year revenue decline despite growth in collectibles. Reports that GameStop may abandon its potential bid for eBay could also reduce uncertainty surrounding eBay’s strategic outlook. GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Positive Sentiment: Fashion Month activity may support marketplace engagement. eBay launched a major international fashion campaign, potentially increasing visibility, buyer traffic and seller activity in one of its important categories. eBay Kicks Off Major International Activity for Fashion Month
- Neutral Sentiment: Reported short-interest data provides no actionable signal. The update shows zero reported shares sold short and a zero-day short-interest ratio, suggesting either minimal short positioning or a data-reporting issue.
- Neutral Sentiment: Articles discussing the purchase of existing eBay seller accounts are primarily informational and do not appear to represent a new corporate development. However, they underscore the importance of eBay’s account-integrity and fraud controls. Find an eBay Seller Account for Sale That Fits Your Needs
- Negative Sentiment: Safety and regulatory scrutiny remain potential overhangs. eBay banned airbag sales after the National Highway Traffic Safety Administration confirmed an 11th death linked to a counterfeit inflator. The action may reduce future exposure, but the incident highlights counterfeit-product, liability and compliance risks. eBay Bans Airbag Sales as NHTSA Confirms 11th Death Tied to Counterfeit Inflator
- Negative Sentiment: eBay is investigating how banned gender-test kits appeared in listings in India and has removed the products. The removal limits ongoing exposure, but the episode adds to concerns about marketplace monitoring and regulatory compliance. eBay Probes Banned Gender-Test Kits in India
Analysts Set New Price Targets
A number of analysts recently issued reports on EBAY shares. Barclays boosted their price target on eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. UBS Group increased their price target on eBay from $107.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Jefferies Financial Group set a $145.00 price target on eBay in a research note on Thursday, August 6th. Wedbush upped their price objective on shares of eBay from $135.00 to $137.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Finally, Citigroup increased their target price on shares of eBay from $127.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $117.24.
Get Our Latest Analysis on EBAY
Institutional Investors Weigh In On eBay
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Guggenheim Capital LLC boosted its stake in eBay by 7.4% in the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after purchasing an additional 988 shares in the last quarter. Jump Financial LLC purchased a new position in shares of eBay in the second quarter worth $275,000. NewEdge Advisors LLC grew its holdings in shares of eBay by 70.4% during the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after buying an additional 44,851 shares during the last quarter. Sei Investments Co. increased its position in shares of eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after acquiring an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after acquiring an additional 67,731 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.
eBay Company Profile
eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects buyers and sellers. Its platform supports the sale of new, used, refurbished and collectible products across categories including electronics, apparel, footwear, home and garden, automotive parts, accessories and trading cards.
The company generates revenue primarily through seller fees and related services, including payments, advertising and shipping solutions. eBay also offers specialized experiences such as eBay Motors and authentication programs designed to help verify eligible luxury goods, sneakers, watches, handbags and collectibles.
Founded in 1995 by Pierre Omidyar, eBay serves customers and sellers in markets around the world.
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