Key Points
- eBay SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares at an average price of $101.39, totaling $102,809.46. The transaction, conducted under a Rule 10b5-1 plan, reduced his stake by 2.77% to 35,546 shares.
- eBay reported better-than-expected quarterly results, with EPS of $1.60 versus the $1.50 consensus and revenue of $3.13 billion versus $3.01 billion expected. Revenue increased 14.8% year over year.
- The company declared a quarterly dividend of $0.31 per share, equivalent to a $1.24 annualized payout and a 1.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $117.24.
eBay Inc. (NASDAQ:EBAY - Get Free Report) SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the transaction, the senior vice president owned 35,546 shares in the company, valued at approximately $3,604,008.94. This trade represents a 2.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jordan Douglas Bradle Sweetnam also recently made the following trade(s):
- On Thursday, June 18th, Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock. The stock was sold at an average price of $109.17, for a total transaction of $94,213.71.
eBay Trading Up 1.9%
Shares of EBAY stock opened at $104.61 on Friday. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $119.31. The company has a market capitalization of $46.55 billion, a PE ratio of 21.66, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. The firm has a 50 day moving average price of $110.21 and a two-hundred day moving average price of $102.30. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10.
eBay (NASDAQ:EBAY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.50 by $0.10. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm's revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, analysts predict that eBay Inc. will post 4.87 earnings per share for the current year.
eBay Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay's dividend payout ratio is currently 25.67%.
Wall Street Analyst Weigh In
EBAY has been the topic of several recent research reports. JPMorgan Chase & Co. increased their price objective on eBay from $87.00 to $100.00 and gave the stock a "neutral" rating in a research report on Thursday, April 30th. Weiss Ratings raised shares of eBay from a "buy (b)" rating to a "buy (b+)" rating in a research report on Tuesday, August 11th. Cantor Fitzgerald decreased their price target on shares of eBay from $110.00 to $106.00 and set a "neutral" rating on the stock in a research note on Thursday, August 6th. Needham & Company LLC raised their price target on shares of eBay from $122.00 to $135.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $127.00 price target on shares of eBay in a research report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $117.24.
View Our Latest Analysis on eBay
Institutional Investors Weigh In On eBay
Large investors have recently added to or reduced their stakes in the stock. Lone Peak Global Investors LLC increased its stake in eBay by 6.1% during the 2nd quarter. Lone Peak Global Investors LLC now owns 148,361 shares of the e-commerce company's stock worth $16,579,000 after acquiring an additional 8,496 shares during the period. Legacy Financial Advisors Inc. bought a new stake in shares of eBay during the 2nd quarter valued at $253,000. Proficio Capital Partners LLC bought a new stake in shares of eBay during the 2nd quarter valued at $475,000. Sigma Planning Corp grew its holdings in shares of eBay by 124.9% during the 2nd quarter. Sigma Planning Corp now owns 12,899 shares of the e-commerce company's stock worth $1,441,000 after purchasing an additional 7,164 shares in the last quarter. Finally, Two Sigma Securities LLC grew its holdings in shares of eBay by 22.2% during the 2nd quarter. Two Sigma Securities LLC now owns 11,700 shares of the e-commerce company's stock worth $1,307,000 after purchasing an additional 2,122 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.
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.
Further Reading
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