Insider Selling: eBay (NASDAQ:EBAY) SVP Sells $2,878,769.70 in Stock

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total transaction of $2,878,769.70. Following the completion of the transaction, the senior vice president directly owned 2,862 shares in the company, valued at $233,367.48. This trade represents a 92.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

eBay Price Performance

Shares of EBAY opened at $83.80 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a 1-year low of $58.71 and a 1-year high of $101.15. The stock has a market cap of $37.88 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The firm has a fifty day moving average price of $90.74 and a 200 day moving average price of $83.43.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the company posted $1.19 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. As a group, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.4%. eBay’s payout ratio is 25.22%.

Institutional Trading of eBay

Several hedge funds have recently made changes to their positions in the company. NewEdge Wealth LLC increased its stake in shares of eBay by 1.7% during the third quarter. NewEdge Wealth LLC now owns 621,134 shares of the e-commerce company’s stock worth $56,492,000 after acquiring an additional 10,287 shares during the period. Alberta Investment Management Corp acquired a new position in eBay during the 3rd quarter worth approximately $5,202,000. Syon Capital LLC raised its stake in shares of eBay by 21.6% during the 3rd quarter. Syon Capital LLC now owns 10,653 shares of the e-commerce company’s stock worth $969,000 after buying an additional 1,893 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of eBay by 3.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,129 shares of the e-commerce company’s stock valued at $466,000 after buying an additional 190 shares during the period. Finally, Crestwood Advisors Group LLC lifted its holdings in shares of eBay by 13.3% in the 3rd quarter. Crestwood Advisors Group LLC now owns 3,508 shares of the e-commerce company’s stock valued at $319,000 after buying an additional 411 shares during the period. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Argus reiterated a “hold” rating on shares of eBay in a research note on Thursday, August 14th. Susquehanna lifted their target price on shares of eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, August 1st. Citizens Jmp upgraded shares of eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a research report on Friday, October 24th. Stifel Nicolaus lowered their price objective on shares of eBay from $89.00 to $88.00 in a research report on Thursday, October 30th. Finally, Robert W. Baird lifted their price objective on shares of eBay from $89.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $94.38.

About eBay

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.