eBay (NASDAQ:EBAY) CEO Sells $662,598.96 in Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $91.76, for a total value of $662,598.96. Following the completion of the transaction, the chief executive officer directly owned 250,223 shares in the company, valued at approximately $22,960,462.48. This represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jamie Iannone also recently made the following trade(s):

• On Thursday, September 4th, Jamie Iannone sold 7,221 shares of eBay stock. The stock was sold at an average price of $92.33, for a total value of $666,714.93.

eBay Price Performance

eBay stock opened at $88.55 on Friday. The stock’s 50 day moving average is $93.06 and its 200 day moving average is $79.65. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $40.47 billion, a P/E ratio of 19.50, a P/E/G ratio of 2.17 and a beta of 1.31. eBay Inc. has a one year low of $56.33 and a one year high of $101.15.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the previous year, the firm earned $1.18 earnings per share. The company’s revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay’s payout ratio is 25.55%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. BMO Capital Markets raised eBay from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $70.00 to $102.00 in a research note on Thursday, July 31st. Wall Street Zen lowered eBay from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. President Capital raised eBay from a “neutral” rating to a “buy” rating and boosted their price target for the company from $74.00 to $103.00 in a research note on Friday, September 19th. Mizuho began coverage on eBay in a research report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price on the stock. Finally, Argus reaffirmed a “hold” rating on shares of eBay in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $81.29.

Hedge Funds Weigh In On eBay

A number of institutional investors have recently modified their holdings of the company. Impax Asset Management Group plc raised its position in eBay by 2,536.5% in the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock valued at $239,037,000 after buying an additional 3,401,198 shares during the last quarter. ABN AMRO Bank N.V. purchased a new stake in eBay in the 2nd quarter valued at $235,149,000. Nuveen LLC purchased a new stake in eBay in the 1st quarter valued at $202,346,000. Pacer Advisors Inc. raised its position in eBay by 5,181.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after buying an additional 2,154,735 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in eBay by 1,007.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after buying an additional 1,992,116 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.