eBay (NASDAQ:EBAY) SVP Mazen Rawashdeh Sells 50,000 Shares

eBay Inc. (NASDAQ:EBAY) SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the sale, the senior vice president owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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.

Mazen Rawashdeh also recently made the following trade(s):

• On Tuesday, March 17th, Mazen Rawashdeh sold 23,167 shares of eBay stock. The stock was sold at an average price of $93.59, for a total transaction of $2,168,199.53.

eBay Trading Down 4.3%

EBAY opened at $110.36 on Thursday. The stock has a market cap of $49.00 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 2.57 and a beta of 1.39. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The company has a fifty day moving average of $101.92 and a 200-day moving average of $92.33. eBay Inc. has a twelve month low of $71.85 and a twelve month high of $119.31.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the prior year, the company earned $1.38 EPS. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, sell-side analysts predict that eBay Inc. will post 4.83 EPS for the current year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be 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 is Friday, May 29th. eBay’s dividend payout ratio is presently 28.12%.

Institutional Trading of eBay

Several hedge funds have recently bought and sold shares of EBAY. Altshuler Shaham Ltd grew its position in eBay by 4,452,655.3% in the 4th quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock valued at $182,282,000 after purchasing an additional 2,092,748 shares during the period. First Trust Advisors LP grew its position in eBay by 27.8% in the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after purchasing an additional 1,808,976 shares during the period. Alyeska Investment Group L.P. grew its position in eBay by 214.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock valued at $161,865,000 after purchasing an additional 1,267,601 shares during the period. Pacer Advisors Inc. grew its position in eBay by 3,248.7% in the 4th quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock valued at $109,483,000 after purchasing an additional 1,219,439 shares during the period. Finally, Allianz Asset Management GmbH grew its position in eBay by 47.5% in the 4th quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock valued at $315,862,000 after purchasing an additional 1,167,019 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Takeover speculation could still support the stock if a higher or more credible bid emerges, as GameStop’s Ryan Cohen has said he may pursue other options after eBay rejected his $56 billion offer. Wall Street awaits GameStop CEO Cohen’s next move after eBay rejected takeover bid
• Positive Sentiment: Wall Street coverage has highlighted eBay’s strong recent earnings and revenue growth, and some analysts still view the company as a steady compounder with improved profitability. Is eBay Stock A Compounding Engine?
• Neutral Sentiment: Brokerages continue to rate eBay as “Hold,” suggesting investors are waiting for clearer catalysts before bidding the shares meaningfully higher. eBay Inc. (NASDAQ:EBAY) Given Consensus Rating of “Hold” by Brokerages
• Negative Sentiment: Arete Research trimmed its price target on eBay to $111 from $113 and kept a neutral rating, signaling more limited upside from current levels. Arete adjusts price target on eBay to $111 from $113, maintains neutral rating
• Negative Sentiment: eBay SVP Mazen Rawashdeh sold 50,000 shares in a pre-arranged trading plan, a move that can add to investor caution even though it was disclosed and not necessarily a negative signal on fundamentals. SEC Form 4 filing

Wall Street Analysts Forecast Growth

EBAY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft set a $124.00 target price on shares of eBay in a research report on Monday, May 4th. Cantor Fitzgerald boosted their target price on shares of eBay from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Needham & Company LLC reiterated a “buy” rating and set a $122.00 target price on shares of eBay in a research report on Thursday, April 30th. Benchmark boosted their target price on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Finally, Truist Financial boosted their target price on shares of eBay from $94.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, eBay currently has an average rating of “Hold” and a consensus target price of $107.84.

eBay Company Profile

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.