eBay (NASDAQ:EBAY) CEO Sells $2,044,770.00 in Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 21,000 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the transaction, the chief executive officer owned 352,653 shares in the company, valued at $34,337,822.61. The trade was a 5.62% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

eBay Price Performance

EBAY stock traded up $0.78 during midday trading on Wednesday, reaching $96.79. The stock had a trading volume of 4,814,046 shares, compared to its average volume of 5,238,278. The company’s fifty day simple moving average is $89.30 and its 200 day simple moving average is $88.50. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. The company has a market cap of $43.36 billion, a price-to-earnings ratio of 22.25, a price-to-earnings-growth ratio of 1.97 and a beta of 1.34. eBay Inc. has a 52-week low of $58.97 and a 52-week high of $101.15.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. The company had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, sell-side analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, March 6th. This is an increase from eBay’s previous quarterly dividend of $0.29. eBay’s payout ratio is 28.51%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. TD Cowen reiterated a “hold” rating on shares of eBay in a report on Wednesday, February 18th. Wells Fargo & Company reduced their price target on eBay from $101.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday. Evercore lifted their price target on eBay from $93.00 to $94.00 in a report on Thursday, February 19th. Rothschild & Co Redburn lifted their price target on eBay from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on eBay from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Fourteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $98.19.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of eBay during the 2nd quarter worth about $11,014,000. EverSource Wealth Advisors LLC increased its position in shares of eBay by 21.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,460 shares of the e-commerce company’s stock worth $332,000 after purchasing an additional 790 shares during the last quarter. Guggenheim Capital LLC increased its position in shares of eBay by 7.4% during 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 during the last quarter. Cresset Asset Management LLC increased its position in shares of eBay by 10.8% during the 2nd quarter. Cresset Asset Management LLC now owns 23,971 shares of the e-commerce company’s stock worth $1,785,000 after purchasing an additional 2,345 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of eBay during the 2nd quarter worth about $275,000. Hedge funds and other institutional investors own 87.48% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.