eBay (NASDAQ:EBAY) CEO Sells 11,110 Shares of Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $107.08, for a total value of $1,189,658.80. Following the transaction, the chief executive officer owned 226,269 shares in the company, valued at approximately $24,228,884.52. This represents a 4.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 Tuesday, September 8th, Jamie Iannone sold 11,110 shares of eBay stock. The stock was sold at an average price of $102.35, for a total transaction of $1,137,108.50.
• 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.

eBay Stock Performance

Shares of EBAY traded up $0.42 during mid-day trading on Wednesday, hitting $107.48. 698,308 shares of the company’s stock were exchanged, compared to its average volume of 4,921,223. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. The firm has a market capitalization of $47.83 billion, a P/E ratio of 22.23, a P/E/G ratio of 2.84 and a beta of 1.33. The business’s 50 day moving average is $106.87 and its two-hundred day moving average is $106.61.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the previous year, the company posted $1.37 EPS. The business’s revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, August 28th. eBay’s payout ratio is presently 25.67%.

Hedge Funds Weigh In On eBay

A number of institutional investors have recently bought and sold shares of EBAY. Cedar Mountain Advisors LLC boosted its position in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares during the last quarter. Abound Financial LLC acquired a new stake in shares of eBay during the fourth quarter worth about $26,000. Cassaday & Co Wealth Management LLC acquired a new position in eBay in the first quarter valued at approximately $26,000. Compass Financial Management LLC acquired a new stake in eBay in the 2nd quarter valued at $28,000. Finally, Field & Main Bank purchased a new stake in shares of eBay during the second quarter worth $31,000. 87.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Cantor Fitzgerald dropped their price objective on shares of eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Arete Research decreased their price objective on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, September 24th. BMO Capital Markets set a $145.00 target price on shares of eBay in a research report on Thursday, August 6th. President Capital raised their price objective on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Finally, Rosenblatt Securities began coverage on eBay in a research report on Thursday, August 20th. They set a “buy” rating and a $120.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, eBay presently has a consensus rating of “Hold” and an average price target of $115.12.

About eBay

eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects millions of buyers and sellers. The platform enables individuals, small businesses and larger retailers to list and purchase new, used and refurbished merchandise across categories such as electronics, fashion, collectibles, automotive parts, home goods and industrial products.

The company generates revenue primarily through fees charged to sellers for listing and selling items, along with advertising services and other marketplace-related offerings.