eBay (NASDAQ:EBAY) CEO Jamie Iannone Sells 11,110 Shares

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the completion of the sale, the chief executive officer directly owned 275,431 shares in the company, valued at approximately $31,214,595.23. This represents a 3.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 Thursday, June 4th, Jamie Iannone sold 11,110 shares of eBay stock. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90.

eBay Stock Up 0.5%

Shares of NASDAQ EBAY opened at $115.25 on Thursday. eBay Inc. has a 52-week low of $75.17 and a 52-week high of $119.31. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22. The company’s 50 day moving average price is $110.34 and its 200-day moving average price is $98.00. The company has a market capitalization of $51.17 billion, a P/E ratio of 26.13, a price-to-earnings-growth ratio of 2.53 and a beta of 1.37.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The firm had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same period last year, the business posted $1.38 EPS. The business’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Equities analysts forecast that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s dividend payout ratio is 28.12%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EBAY shares. BMO Capital Markets upped their price objective on shares of eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a research note on Friday, June 12th. Stifel Nicolaus set a $98.00 price objective on eBay in a research note on Thursday, April 30th. Robert W. Baird boosted their price target on shares of eBay from $105.00 to $117.00 in a report on Thursday, April 30th. Finally, Cantor Fitzgerald increased their price target on eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Thirteen 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. According to data from MarketBeat, eBay has a consensus rating of “Hold” and a consensus price target of $108.61.

Hedge Funds Weigh In On eBay

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. increased its position in shares of eBay by 4.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company’s stock valued at $255,294,000 after buying an additional 113,553 shares during the period. Allworth Financial LP raised its position in shares of eBay by 62.6% in the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock worth $2,013,000 after buying an additional 8,899 shares in the last quarter. North Dakota State Investment Board purchased a new stake in shares of eBay in the 4th quarter valued at about $1,809,000. Jain Global LLC purchased a new position in shares of eBay during the third quarter worth about $8,220,000. Finally, Aquatic Capital Management LLC bought a new stake in eBay during the third quarter valued at approximately $9,186,000. Institutional investors own 87.48% of the company’s stock.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: A bullish report said eBay’s U.K. experiment helped prove its turnaround strategy, reinforcing the idea that the company can drive sustained growth and margin improvement. How EBAY Stock’s British Experiment Signaled A 50% Surge
• Positive Sentiment: Rising enthusiasm for the trading-card market could benefit eBay, since collectibles are a key category that can boost marketplace traffic and seller activity. Gotta collect ’em all: Trading card market could be worth up to $20 billion
• Neutral Sentiment: GameStop shareholders approved a larger share authorization, clearing the way for its proposed eBay acquisition bid, but the deal remains highly speculative and unlikely to have an immediate impact on eBay’s fundamentals. GameStop shareholders approve plan to boost eBay acquisition bid
• Neutral Sentiment: eBay CEO Jamie Iannone sold shares under a pre-arranged trading plan, which is typically seen as routine and not necessarily a negative signal. CEO Jamie Iannone stock sale disclosure

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.