eBay Inc. (NASDAQ:EBAY - Get Free Report) CEO Jamie Iannone sold 11,110 shares of the company's stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the sale, the chief executive officer owned 275,431 shares of the company's stock, valued at approximately $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Thursday, June 4th, Jamie Iannone sold 11,110 shares of eBay stock. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90.
eBay Stock Performance
Shares of EBAY stock opened at $115.25 on Thursday. The company has a market capitalization of $51.17 billion, a P/E ratio of 26.13, a PEG ratio of 2.53 and a beta of 1.37. eBay Inc. has a fifty-two week low of $75.17 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. The stock has a 50 day moving average price of $110.34 and a two-hundred day moving average price of $98.00.
eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion during the quarter, compared to analysts' expectations of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The firm's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.
eBay Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.31 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay's payout ratio is 28.12%.
Key Stories Impacting eBay
Here are the key news stories impacting eBay this week:
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Guggenheim Capital LLC grew its stake in shares of eBay by 7.4% during the 2nd quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company's stock valued at $1,067,000 after acquiring an additional 988 shares during the period. Jump Financial LLC purchased a new stake in eBay in the 2nd quarter worth $275,000. NewEdge Advisors LLC boosted its stake in shares of eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company's stock worth $8,084,000 after acquiring an additional 44,851 shares during the period. Sei Investments Co. raised its stake in eBay by 48.7% during the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company's stock valued at $35,111,000 after purchasing an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina boosted its stake in eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company's stock worth $24,250,000 after purchasing an additional 67,731 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Citizens Jmp raised their target price on eBay from $115.00 to $120.00 and gave the company a "market outperform" rating in a research note on Friday, May 1st. Needham & Company LLC reissued a "buy" rating and issued a $122.00 price target on shares of eBay in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 target price on eBay in a research note on Monday, May 4th. The Goldman Sachs Group raised their price target on shares of eBay from $88.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, April 30th. Finally, Morgan Stanley increased their target price on eBay to $117.00 and gave the company an "overweight" rating in a research note on Tuesday, April 28th. Thirteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $108.61.
Get Our Latest Stock Report on eBay
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.
Read More
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. Please send any questions or comments about this story to [email protected].
