Stock Traders Purchase High Volume of Call Options on eBay (NASDAQ:EBAY)

eBay Inc. (NASDAQ:EBAY) was the recipient of some unusual options trading on Monday. Traders purchased 8,935 call options on the company. This is an increase of 67% compared to the average daily volume of 5,354 call options.

Insider Activity

In related news, SVP Jordan Sweetnam sold 1,014 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the transaction, the senior vice president directly owned 35,546 shares in the company, valued at approximately $3,604,008.94. The trade was a 2.77% decrease in their position. The sale was disclosed in a document filed 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. Also, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $107.08, for a total value of $1,189,658.80. Following the sale, the chief executive officer directly owned 226,269 shares of the company’s stock, valued at approximately $24,228,884.52. The trade was a 4.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,344 shares of company stock valued at $3,635,567 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EBAY. Compass Financial Management LLC bought a new stake in shares of eBay in the 2nd quarter valued at $28,000. Cedar Mountain Advisors LLC raised its stake in eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares during the last quarter. Field & Main Bank bought a new position in eBay during the second quarter worth $31,000. Cassaday & Co Wealth Management LLC acquired a new position in eBay in the first quarter valued at $26,000. Finally, Abound Financial LLC acquired a new position in eBay in the fourth quarter valued at $26,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Stock Performance

Shares of EBAY stock opened at $117.69 on Wednesday. The company’s fifty day simple moving average is $106.94 and its 200-day simple moving average is $107.42. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The firm has a market cap of $52.37 billion, a PE ratio of 24.36, a P/E/G ratio of 3.04 and a beta of 1.33. eBay has a 12 month low of $78.03 and a 12 month high of $119.31.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the firm earned $1.37 earnings per share. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts expect that eBay will post 4.87 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EBAY. Mizuho set a $110.00 price target on shares of eBay in a research note on Thursday, August 6th. Jefferies Financial Group dropped their price objective on shares of eBay from $80.00 to $75.00 and set an “underperform” rating on the stock in a report on Monday, September 21st. Robert W. Baird set a $126.00 price objective on shares of eBay in a research report on Thursday, August 6th. Rosenblatt Securities assumed coverage on shares of eBay in a research note on Thursday, August 20th. They issued a “buy” rating and a $120.00 target price for the company. Finally, Arete Research lowered their target price on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, September 24th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $115.24.

eBay Company Profile

eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects millions of buyers and sellers. The platform enables individuals, small businesses and larger retailers to list and purchase new, used and refurbished merchandise across categories such as electronics, fashion, collectibles, automotive parts, home goods and industrial products.

The company generates revenue primarily through fees charged to sellers for listing and selling items, along with advertising services and other marketplace-related offerings.