eBay (NASDAQ:EBAY) CEO Jamie Iannone Sells 7,221 Shares

Key Points

• eBay CEO Jamie Iannone sold 7,221 shares at an average price of $91.76, totaling approximately $662,598.96, reducing his ownership by 2.80% to 250,223 shares.
• The company reported $1.37 EPS for their last quarter, beating expectations and showing a 6.1% year-over-year revenue increase.
• eBay declared a quarterly dividend of $0.29 per share, resulting in an annualized dividend yield of 1.3%.

eBay Inc. (NASDAQ:EBAY - Get Free Report) CEO Jamie Iannone sold 7,221 shares of the company's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $91.76, for a total transaction of $662,598.96. Following the completion of the sale, the chief executive officer directly owned 250,223 shares in the company, valued at approximately $22,960,462.48. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Jamie Iannone also recently made the following trade(s):

• On Thursday, September 4th, Jamie Iannone sold 7,221 shares of eBay stock. The stock was sold at an average price of $92.33, for a total transaction of $666,714.93.

eBay Price Performance

Shares of EBAY stock traded down $0.96 during mid-day trading on Wednesday, hitting $92.08. 4,444,137 shares of the stock were exchanged, compared to its average volume of 5,667,697. The firm has a fifty day moving average of $92.86 and a 200 day moving average of $79.25. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. The company has a market cap of $42.08 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31.

eBay (NASDAQ:EBAY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the company posted $1.18 EPS. The company's revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay's dividend payout ratio is 25.55%.

Institutional Trading of eBay

Hedge funds and other institutional investors have recently made changes to their positions in the company. Independent Franchise Partners LLP boosted its position in shares of eBay by 4.6% during the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after purchasing an additional 510,629 shares during the period. Nordea Investment Management AB raised its holdings in shares of eBay by 5.6% in the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company's stock valued at $674,061,000 after purchasing an additional 478,410 shares in the last quarter. Invesco Ltd. raised its holdings in shares of eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company's stock valued at $638,983,000 after purchasing an additional 140,160 shares in the last quarter. Northern Trust Corp raised its stake in eBay by 4.4% during the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after acquiring an additional 300,216 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock worth $417,021,000 after acquiring an additional 322,910 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. Wedbush restated a "neutral" rating and set a $72.00 price target on shares of eBay in a research report on Wednesday, June 11th. Piper Sandler upped their price target on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Cowen restated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Finally, President Capital upgraded shares of eBay from a "neutral" rating to a "buy" rating and upped their price target for the stock from $74.00 to $103.00 in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $81.29.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.

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