Key Points
- eBay SVP Mazen Rawashdeh sold 50,000 shares on May 22 at an average price of $117.04, totaling about $5.85 million. The sale was made under a pre-arranged Rule 10b5-1 plan and reduced his direct holdings by 63.12%.
- eBay recently beat quarterly expectations, reporting EPS of $1.66 versus the $1.58 consensus and revenue of $3.09 billion versus $3.04 billion expected. Revenue rose 19.5% year over year, and the company issued Q2 guidance of $1.09 to $1.14 EPS.
- Wall Street remains mixed on the stock, with a consensus rating of “Hold” and an average price target of $107.84. Recent analyst moves included price-target increases from several firms, while Arete trimmed its target to $111 and kept a neutral view.
eBay Inc. (NASDAQ:EBAY - Get Free Report) SVP Mazen Rawashdeh sold 50,000 shares of the firm's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. The trade was a 63.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mazen Rawashdeh also recently made the following trade(s):
- On Tuesday, March 17th, Mazen Rawashdeh sold 23,167 shares of eBay stock. The shares were sold at an average price of $93.59, for a total transaction of $2,168,199.53.
eBay Price Performance
Shares of NASDAQ EBAY opened at $110.36 on Thursday. The stock has a market cap of $49.00 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 2.57 and a beta of 1.39. The firm's 50-day simple moving average is $101.92 and its 200 day simple moving average is $92.33. eBay Inc. has a fifty-two week low of $71.85 and a fifty-two week high of $119.31. 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 - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.58 by $0.08. The business had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.eBay's quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current fiscal year.
eBay Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay's dividend payout ratio is presently 28.12%.
eBay News Summary
Here are the key news stories impacting eBay this week:
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company's stock valued at $5,018,121,000 after acquiring an additional 468,833 shares during the last quarter. Invesco Ltd. boosted its stake in eBay by 8.3% in the fourth quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company's stock valued at $785,722,000 after acquiring an additional 692,805 shares during the last quarter. First Trust Advisors LP boosted its stake in eBay by 27.8% in the third quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company's stock valued at $755,767,000 after acquiring an additional 1,808,976 shares during the last quarter. Independent Franchise Partners LLP boosted its stake in eBay by 5.2% in the fourth quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company's stock valued at $674,866,000 after acquiring an additional 384,570 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in eBay by 2.8% in the third quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company's stock valued at $478,687,000 after acquiring an additional 141,057 shares during the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
EBAY has been the subject of a number of recent analyst reports. Morgan Stanley upped their price objective on shares of eBay to $117.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 28th. Rothschild & Co Redburn upped their price objective on shares of eBay from $100.00 to $115.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 13th. Citigroup upped their price objective on shares of eBay from $114.00 to $127.00 and gave the stock a "buy" rating in a research report on Wednesday, May 13th. BMO Capital Markets upped their price objective on shares of eBay from $120.00 to $130.00 in a research report on Thursday, April 30th. Finally, Robert W. Baird boosted their price objective on eBay from $105.00 to $117.00 in a research report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, eBay has an average rating of "Hold" and a consensus price target of $107.84.
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About eBay
(
Get Free Report)
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.
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