eBay Inc. (NASDAQ:EBAY – Get Free Report) CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 230,991 shares of the company’s stock, valued at $23,641,928.85. This trade represents a 4.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Price Performance
Shares of NASDAQ EBAY opened at $107.75 on Friday. The business’s 50 day moving average price is $108.68 and its 200 day moving average price is $104.35. The firm has a market cap of $47.95 billion, a P/E ratio of 22.31, a P/E/G ratio of 2.79 and a beta of 1.34. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10.
eBay Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were given a dividend of $0.31 per share. The ex-dividend date was Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. eBay’s payout ratio is currently 25.67%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of EBAY. Rakuten Investment Management Inc. purchased a new position in eBay during the second quarter worth approximately $7,929,000. Marvin & Palmer Associates Inc. purchased a new stake in shares of eBay in the second quarter valued at approximately $3,989,000. Lombard Odier Asset Management Europe Ltd acquired a new position in shares of eBay during the 2nd quarter worth approximately $23,393,000. Empowered Funds LLC acquired a new position in shares of eBay during the 2nd quarter worth approximately $16,967,000. Finally, Glenview Trust Co purchased a new position in shares of eBay during the 2nd quarter valued at approximately $1,544,000. Institutional investors and hedge funds own 87.48% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have weighed in on EBAY shares. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a research report on Friday, August 7th. BMO Capital Markets set a $145.00 target price on eBay in a research note on Thursday, August 6th. Citizens Jmp lowered eBay from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Robert W. Baird set a $126.00 price target on eBay in a research report on Thursday, August 6th. Finally, Argus upgraded eBay from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $117.24.
eBay News Summary
Here are the key news stories impacting eBay this week:
- Positive Sentiment: eBay is viewed as the stronger investment compared with GameStop. Analysts and market commentary point to eBay’s profitability and more established marketplace model, while GameStop’s latest revenue declined nearly 20% year over year. Reports that GameStop may reconsider a potential bid for eBay could also reduce takeover-related uncertainty. GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Positive Sentiment: Fashion Month promotions could increase engagement. eBay has launched a major international fashion campaign intended to attract buyers and sellers, supporting activity in a key marketplace category. eBay Kicks Off Major International Activity for Fashion Month
- Positive Sentiment: Recent operating performance remains supportive. eBay’s latest quarterly results exceeded expectations, with earnings per share of $1.60 versus a $1.50 consensus estimate and revenue of $3.13 billion, up 14.8% year over year. The company also guided to third-quarter EPS of $1.36–$1.42.
- Neutral Sentiment: Speculation surrounding Ryan Cohen and GameStop remains uncertain. Commentary outlines possible strategic moves involving eBay but does not confirm a transaction or concrete change in eBay’s business outlook. Ryan Cohen Has Three Options As He Weighs Next GameStop Move For eBay
- Neutral Sentiment: Reported short interest of zero shares provides no meaningful indication of bearish positioning and may reflect a data-reporting limitation.
- Negative Sentiment: CEO Jamie Iannone sold approximately $2.3 million of eBay stock. The sale represented about 5% of his prior holdings. Because the transactions were executed under a pre-arranged Rule 10b5-1 plan, they may be less significant as a discretionary signal, but insider selling can still weigh on sentiment. eBay CEO Jamie Iannone Sells Company Shares Worth $2.3 Million
- Negative Sentiment: Product-safety risks remain a marketplace overhang. eBay banned airbag sales after regulators linked another death to a counterfeit inflator. The move limits future exposure but highlights potential liability, compliance and counterfeit-control costs. eBay Bans Airbag Sales as NHTSA Confirms 11th Death Tied to Counterfeit Inflator
About eBay
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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