eBay Inc. (NASDAQ:EBAY – Get Free Report) CEO Jamie Iannone sold 11,110 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $102.35, for a total value of $1,137,108.50. Following the sale, the chief executive officer directly owned 230,991 shares in the company, valued at $23,641,928.85. This represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 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 value of $1,205,990.50.
- On Monday, July 6th, Jamie Iannone sold 11,110 shares of eBay stock. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30.
eBay Stock Performance
EBAY stock traded up $1.52 during trading on Thursday, hitting $105.03. 3,565,375 shares of the company traded hands, compared to its average volume of 4,283,598. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The company has a market cap of $46.74 billion, a PE ratio of 21.75, a P/E/G ratio of 2.75 and a beta of 1.34. The stock’s 50-day simple moving average is $108.83 and its 200 day simple moving average is $104.33. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02.
eBay Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. eBay’s dividend payout ratio (DPR) is currently 25.67%.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on EBAY. Weiss Ratings lowered eBay from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. Mizuho set a $110.00 target price on shares of eBay in a report on Thursday, August 6th. BMO Capital Markets set a $145.00 price target on shares of eBay in a research note on Thursday, August 6th. Wedbush upped their price objective on shares of eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a research note on Thursday, August 20th. Finally, Wells Fargo & Company downgraded shares of eBay from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $105.00 to $92.00 in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $117.24.
View Our Latest Report on eBay
Key Headlines Impacting eBay
Here are the key news stories impacting eBay this week:
- Positive Sentiment: Analysts continue to favor eBay over GameStop. Commentary highlighting eBay’s stronger profitability and cleaner investment profile is supportive, particularly as GameStop reported a nearly 20% year-over-year revenue decline despite growth in collectibles. Reports that GameStop may abandon its potential bid for eBay could also reduce uncertainty surrounding eBay’s strategic outlook. GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Positive Sentiment: Fashion Month activity may support marketplace engagement. eBay launched a major international fashion campaign, potentially increasing visibility, buyer traffic and seller activity in one of its important categories. eBay Kicks Off Major International Activity for Fashion Month
- Neutral Sentiment: Reported short-interest data provides no actionable signal. The update shows zero reported shares sold short and a zero-day short-interest ratio, suggesting either minimal short positioning or a data-reporting issue.
- Neutral Sentiment: Articles discussing the purchase of existing eBay seller accounts are primarily informational and do not appear to represent a new corporate development. However, they underscore the importance of eBay’s account-integrity and fraud controls. Find an eBay Seller Account for Sale That Fits Your Needs
- Negative Sentiment: Safety and regulatory scrutiny remain potential overhangs. eBay banned airbag sales after the National Highway Traffic Safety Administration confirmed an 11th death linked to a counterfeit inflator. The action may reduce future exposure, but the incident highlights counterfeit-product, liability and compliance risks. eBay Bans Airbag Sales as NHTSA Confirms 11th Death Tied to Counterfeit Inflator
- Negative Sentiment: eBay is investigating how banned gender-test kits appeared in listings in India and has removed the products. The removal limits ongoing exposure, but the episode adds to concerns about marketplace monitoring and regulatory compliance. eBay Probes Banned Gender-Test Kits in India
Institutional Trading of eBay
Several institutional investors and hedge funds have recently bought and sold shares of EBAY. California State Teachers Retirement System boosted its stake in eBay by 9,904.7% during the second quarter. California State Teachers Retirement System now owns 74,177,974 shares of the e-commerce company’s stock worth $8,289,389,000 after buying an additional 73,436,541 shares during the period. BlackRock Inc. purchased a new stake in shares of eBay in the 2nd quarter valued at approximately $4,406,897,000. Invesco Ltd. lifted its holdings in shares of eBay by 8.3% in the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after acquiring an additional 692,805 shares during the last quarter. Independent Franchise Partners LLP boosted its position in shares of eBay by 5.2% during the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock worth $674,866,000 after purchasing an additional 384,570 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in eBay by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after purchasing an additional 80,450 shares during the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.
About eBay
eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects buyers and sellers. Its platform supports the sale of new, used, refurbished and collectible products across categories including electronics, apparel, footwear, home and garden, automotive parts, accessories and trading cards.
The company generates revenue primarily through seller fees and related services, including payments, advertising and shipping solutions. eBay also offers specialized experiences such as eBay Motors and authentication programs designed to help verify eligible luxury goods, sneakers, watches, handbags and collectibles.
Founded in 1995 by Pierre Omidyar, eBay serves customers and sellers in markets around the world.
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