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

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Monday, October 5th. The shares were 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 $24,228,884.52. This trade represents a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 Tuesday, September 8th, Jamie Iannone sold 11,110 shares of eBay stock. The shares were 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, reaching $107.48. The company had a trading volume of 698,308 shares, compared to its average volume of 4,921,223. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a 50 day moving average of $106.87 and a two-hundred day moving average of $106.61. The stock has a market capitalization of $47.83 billion, a P/E ratio of 22.23, a PEG ratio of 2.84 and a beta of 1.33. eBay Inc. has a 52-week low of $78.03 and a 52-week high of $119.31.

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

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were given a $0.31 dividend. 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 dividend payout ratio (DPR) is presently 25.67%.

Analyst Ratings Changes

EBAY has been the topic of several analyst reports. BMO Capital Markets set a $145.00 price target on shares of eBay in a research note on Thursday, August 6th. Robert W. Baird set a $126.00 target price on shares of eBay in a report on Thursday, August 6th. Barclays boosted their target price on eBay from $114.00 to $123.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Wedbush raised their target price on shares of eBay from $135.00 to $137.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Finally, Benchmark boosted their price target on eBay from $115.00 to $134.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $115.12.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in eBay in the 2nd quarter worth approximately $4,406,897,000. Independent Franchise Partners LLP increased its stake in shares of eBay by 5.2% in the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock worth $674,866,000 after purchasing an additional 384,570 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in eBay by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock worth $446,042,000 after acquiring an additional 80,450 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of eBay in the second quarter worth approximately $506,653,000. Finally, Amundi lifted its stake in eBay by 26.4% in the second quarter. Amundi now owns 4,014,323 shares of the e-commerce company’s stock worth $448,601,000 after acquiring an additional 838,057 shares during the period. Institutional investors own 87.48% of the company’s stock.

eBay Company Profile

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.