Insider Selling: eBay (NASDAQ:EBAY) CEO Sells $1,189,658.80 in Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of eBay 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 completion of the transaction, the chief executive officer directly 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 document filed with the Securities & Exchange Commission, which is available at 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 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 stock was sold at an average price of $108.55, for a total transaction of $1,205,990.50.

eBay Price Performance

eBay stock opened at $112.19 on Friday. The business’s fifty day moving average is $106.65 and its two-hundred day moving average is $106.93. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. The firm has a market cap of $49.92 billion, a P/E ratio of 23.23, a P/E/G ratio of 2.97 and a beta of 1.33.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter last year, the business earned $1.37 earnings per share. The firm’s quarterly revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts forecast that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were issued 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 was Friday, August 28th. eBay’s dividend payout ratio (DPR) is presently 25.67%.

Analyst Ratings Changes

A number of research analysts recently weighed in on EBAY shares. Wedbush raised their target price on shares of eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a research report on Thursday, August 20th. Needham & Company LLC raised their target price on shares of eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a report on Friday, August 7th. BMO Capital Markets set a $145.00 price target on eBay in a research note on Thursday, August 6th. Finally, Mizuho set a $110.00 price objective on eBay in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, eBay currently has a consensus rating of “Hold” and a consensus price target of $115.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EBAY. Compass Financial Management LLC purchased a new position in shares of eBay in the 2nd quarter worth about $28,000. Cedar Mountain Advisors LLC grew its holdings 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 purchasing an additional 156 shares during the last quarter. Field & Main Bank purchased a new position in eBay in the 2nd quarter worth approximately $31,000. Cassaday & Co Wealth Management LLC bought a new stake in eBay in the first quarter valued at approximately $26,000. Finally, Abound Financial LLC purchased a new stake in shares of eBay during the fourth quarter valued at approximately $26,000. 87.48% of the stock is owned by institutional investors.

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.