eBay Inc. (NASDAQ:EBAY – Get Free Report) CEO Jamie Iannone sold 7,221 shares of the business’s 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 transaction, the chief executive officer owned 250,223 shares of the company’s stock, valued at approximately $22,960,462.48. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
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 Stock Performance
Shares of NASDAQ EBAY opened at $92.08 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The stock has a 50 day simple moving average of $93.15 and a 200-day simple moving average of $79.34. The company has a market cap of $42.08 billion, a PE ratio of 20.28, a P/E/G ratio of 2.24 and a beta of 1.31. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15.
eBay (NASDAQ:EBAY – Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities research analysts forecast that eBay Inc. will post 3.86 EPS for the current year.
eBay Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio is 25.55%.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on EBAY. Robert W. Baird upped their target price on eBay from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Needham & Company LLC upped their target price on eBay from $78.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Wells Fargo & Company upped their target price on eBay from $84.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Cowen reiterated a “hold” rating on shares of eBay in a research report on Tuesday, July 22nd. Finally, Arete upgraded eBay from a “sell” rating to a “neutral” rating and set a $91.00 price objective for the company in a research report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $81.29.
Read Our Latest Stock Analysis on EBAY
Institutional Trading of eBay
Hedge funds have recently modified their holdings of the business. Princeton Global Asset Management LLC lifted its holdings in shares of eBay by 433.9% in the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 269 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in shares of eBay in the first quarter valued at $26,000. GFG Capital LLC purchased a new stake in shares of eBay in the second quarter valued at $28,000. Abound Financial LLC purchased a new stake in shares of eBay in the first quarter valued at $29,000. Finally, Sumitomo Mitsui Financial Group Inc. lifted its holdings in shares of eBay by 155.3% in the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock valued at $30,000 after purchasing an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
