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

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the sale, the chief executive officer owned 275,431 shares of the company’s stock, valued at approximately $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 shares were sold at an average price of $109.59, for a total value of $1,217,544.90.

eBay Trading Up 0.5%

EBAY stock traded up $0.54 during trading on Wednesday, hitting $115.25. 2,326,897 shares of the company traded hands, compared to its average volume of 5,188,086. The firm has a market capitalization of $51.17 billion, a PE ratio of 26.13, a P/E/G ratio of 2.51 and a beta of 1.37. eBay Inc. has a 1 year low of $75.17 and a 1 year high of $119.31. The company has a 50-day moving average of $110.04 and a 200-day moving average of $97.78. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.

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

eBay Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. TD Cowen raised their target price on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Barclays increased their price objective on eBay from $104.00 to $114.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 target price on eBay in a research note on Monday, May 4th. BMO Capital Markets raised their price target on eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Finally, Wells Fargo & Company lifted their price target on shares of eBay from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $108.61.

Institutional Investors Weigh In On eBay

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EBAY. Cedar Mountain Advisors LLC boosted 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 buying an additional 156 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of eBay in the 4th quarter worth about $26,000. Abound Financial LLC purchased a new position in eBay during the 4th quarter valued at about $26,000. Cassaday & Co Wealth Management LLC bought a new stake in eBay during the first quarter worth about $26,000. Finally, Jessup Wealth Management Inc bought a new stake in eBay during the fourth quarter worth about $27,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

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.