Jamie Iannone Sells 11,110 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the completion of the sale, the chief executive officer owned 275,431 shares in the company, valued at $31,214,595.23. The trade was a 3.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Up 0.5%

Shares of NASDAQ:EBAY traded up $0.54 on Wednesday, hitting $115.25. 2,326,897 shares of the company traded hands, compared to its average volume of 5,188,086. The stock has a 50 day simple moving average of $110.04 and a 200-day simple moving average of $97.78. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The company has a market cap of $51.17 billion, a PE ratio of 26.13, a PEG ratio of 2.51 and a beta of 1.37. eBay Inc. has a 52 week low of $75.17 and a 52 week high of $119.31.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter in the previous year, the business posted $1.38 EPS. eBay’s revenue was up 19.5% compared to the same quarter last year. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. eBay’s dividend payout ratio is presently 28.12%.

Institutional Trading of eBay

Several large investors have recently modified their holdings of EBAY. Altshuler Shaham Ltd boosted its position in eBay by 4,452,655.3% in the fourth quarter. Altshuler Shaham Ltd now owns 2,092,795 shares of the e-commerce company’s stock worth $182,282,000 after purchasing an additional 2,092,748 shares during the last quarter. Alyeska Investment Group L.P. increased its position in shares of eBay by 214.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,858,383 shares of the e-commerce company’s stock valued at $161,865,000 after purchasing an additional 1,267,601 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of eBay by 3,248.7% in the fourth quarter. Pacer Advisors Inc. now owns 1,256,975 shares of the e-commerce company’s stock worth $109,483,000 after buying an additional 1,219,439 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of eBay by 47.5% in the fourth quarter. Allianz Asset Management GmbH now owns 3,626,424 shares of the e-commerce company’s stock worth $315,862,000 after buying an additional 1,167,019 shares during the last quarter. Finally, Norges Bank bought a new stake in eBay during the fourth quarter valued at approximately $98,728,000. Institutional investors own 87.48% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research report on Friday, June 12th. Rothschild & Co Redburn upped their price target on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. BMO Capital Markets increased their price objective on eBay from $120.00 to $130.00 in a research report on Thursday, April 30th. Arete Research decreased their target price on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Finally, Truist Financial raised their price target on shares of eBay from $94.00 to $105.00 and gave the company a “hold” rating in a report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $108.61.

eBay Company Profile

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.