eBay Sees Unusually High Options Volume (NASDAQ:EBAY)

Key Points

• eBay saw a significant surge in options trading, with 34,654 call options purchased on a single day, marking a 158% increase from its average volume.
• Insider transactions indicated notable activity, including SVP Cornelius Boone selling 4,439 shares for $397,423, reducing his ownership by 4.54%.
• Institutional investors have increased their holdings in eBay, with Princeton Global Asset Management lifting its position by 433.9% in the second quarter.

eBay Inc. (NASDAQ:EBAY - Get Free Report) was the target of unusually large options trading on Tuesday. Investors bought 34,654 call options on the company. This is an increase of 158% compared to the typical daily volume of 13,426 call options.

Insider Transactions at eBay

In other news, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the sale, the senior vice president directly owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the sale, the senior vice president owned 53,107 shares in the company, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 111,728 shares of company stock worth $10,047,092. Corporate insiders own 0.64% of the company's stock.

Institutional Trading of eBay

A number of institutional investors have recently made changes to their positions in the business. Princeton Global Asset Management LLC lifted its position in eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company's stock worth $25,000 after acquiring an additional 269 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in eBay during the 1st quarter worth approximately $26,000. GFG Capital LLC acquired a new position in shares of eBay during the 2nd quarter worth approximately $28,000. Sumitomo Mitsui Financial Group Inc. boosted its holdings in shares of eBay by 155.3% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company's stock worth $30,000 after purchasing an additional 250 shares during the last quarter. Finally, Abound Financial LLC acquired a new position in shares of eBay during the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Wall Street Analyst Weigh In

EBAY has been the topic of several research reports. Argus restated a "hold" rating on shares of eBay in a research report on Thursday, August 14th. President Capital raised eBay from a "neutral" rating to a "buy" rating and upped their price target for the company from $74.00 to $103.00 in a report on Friday, September 19th. Deutsche Bank Aktiengesellschaft upped their price target on eBay from $75.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Cowen reaffirmed a "hold" rating on shares of eBay in a report on Tuesday, July 22nd. Finally, UBS Group set a $87.00 price objective on eBay in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $81.29.

eBay Trading Down 0.7%

Shares of NASDAQ:EBAY traded down $0.63 during trading on Tuesday, hitting $91.14. The company had a trading volume of 2,232,937 shares, compared to its average volume of 5,652,917. The company has a fifty day simple moving average of $92.57 and a two-hundred day simple moving average of $79.15. The stock has a market cap of $41.65 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 2.23 and a beta of 1.31. eBay has a one year low of $56.33 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

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

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. eBay's dividend payout ratio (DPR) is presently 25.55%.

About eBay

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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