Key Points
- eBay CEO Jamie Iannone sold 11,110 shares on June 4 at an average price of $109.59, a transaction worth about $1.22 million. The sale was made under a pre-arranged Rule 10b5-1 plan, and his remaining holdings were valued at roughly $30.7 million.
- eBay posted better-than-expected quarterly results, with EPS of $1.66 versus estimates of $1.58 and revenue of $3.09 billion, up 19.5% year over year. The company also issued Q2 guidance of $1.09 to $1.14 EPS.
- Investors are watching the Depop acquisition and analyst sentiment: the UK competition watchdog has opened a review of eBay’s $1.2 billion purchase of Depop, while analysts currently rate the stock a consensus Hold with an average price target of $107.84.
eBay Inc. (NASDAQ:EBAY - Get Free Report) CEO Jamie Iannone sold 11,110 shares of the business's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the transaction, the chief executive officer owned 280,204 shares of the company's stock, valued at $30,707,556.36. This trade represents a 3.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jamie Iannone also recently made the following trade(s):
- On Monday, April 6th, Jamie Iannone sold 21,000 shares of eBay stock. The stock was sold at an average price of $97.37, for a total transaction of $2,044,770.00.
eBay Trading Down 0.8%
NASDAQ EBAY opened at $108.44 on Tuesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 52 week low of $72.84 and a 52 week high of $119.31. The stock has a market capitalization of $48.15 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39. The firm has a 50 day moving average of $104.98 and a two-hundred day moving average of $93.73.
eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company had revenue of $3.09 billion during the quarter, compared to analysts' expectations of $3.04 billion. During the same quarter in the previous year, the business posted $1.38 EPS. The firm's revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts expect that eBay Inc. will post 4.83 EPS for the current fiscal year.
eBay Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a $0.31 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. eBay's dividend payout ratio is presently 28.12%.
Analysts Set New Price Targets
EBAY has been the subject of several research analyst reports. Needham & Company LLC restated a "buy" rating and issued a $122.00 target price on shares of eBay in a report on Thursday, April 30th. Cantor Fitzgerald upped their target price on shares of eBay from $100.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, April 30th. Daiwa Securities Group upped their target price on shares of eBay from $90.00 to $114.00 in a report on Monday, May 11th. Bank of America upped their target price on shares of eBay from $102.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, April 21st. Finally, Morgan Stanley upped their target price on shares of eBay to $117.00 and gave the company an "overweight" rating in a report on Tuesday, April 28th. Thirteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, eBay currently has an average rating of "Hold" and a consensus price target of $107.84.
Read Our Latest Analysis on eBay
Key Headlines Impacting eBay
Here are the key news stories impacting eBay this week:
Institutional Trading of eBay
A number of large investors have recently bought and sold shares of EBAY. Cedar Mountain Advisors LLC boosted its stake in eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company's stock worth $25,000 after purchasing an additional 156 shares during the period. High Point Wealth Management LLC acquired a new stake in eBay during the 4th quarter worth $26,000. Abound Financial LLC acquired a new stake in eBay during the 4th quarter worth $26,000. Cassaday & Co Wealth Management LLC acquired a new stake in eBay during the 1st quarter worth $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in eBay during the 4th quarter worth $27,000. Institutional investors and hedge funds own 87.48% of the company's stock.
eBay Company Profile
(
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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