Insider Selling: eBay (NASDAQ:EBAY) CEO Sells 7,221 Shares of Stock

Key Points

• eBay CEO Jamie Iannone sold 7,221 shares of stock at an average price of $92.33, totaling approximately $666,715, which decreased his holdings by 2.84% to 246,812 shares.
• The company's recent earnings report showed $1.37 EPS, exceeding expectations, with a revenue of $2.73 billion, up 6.1% from the previous year.
• eBay has declared a quarterly dividend of $0.29 per share, representing an annualized yield of 1.2%, with a payout ratio of 25.55%.

eBay Inc. (NASDAQ:EBAY - Get Free Report) CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $92.33, for a total transaction of $666,714.93. Following the completion of the sale, the chief executive officer directly owned 246,812 shares in the company, valued at approximately $22,788,151.96. The trade was a 2.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, July 2nd, Jamie Iannone sold 10,974 shares of eBay stock. The shares were sold at an average price of $75.75, for a total transaction of $831,280.50.
• On Tuesday, July 1st, Jamie Iannone sold 12,644 shares of eBay stock. The stock was sold at an average price of $76.02, for a total transaction of $961,196.88.

eBay Price Performance

EBAY stock traded up $0.36 during trading on Monday, reaching $93.02. 6,846,615 shares of the company were exchanged, compared to its average volume of 5,661,066. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $42.51 billion, a P/E ratio of 20.49, a PEG ratio of 2.24 and a beta of 1.32. The stock's 50 day moving average price is $87.01 and its 200 day moving average price is $75.61. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15.

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

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. eBay's payout ratio is presently 25.55%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EBAY. Cfra Research upgraded shares of eBay to a "moderate buy" rating in a research report on Thursday, June 5th. Daiwa America raised shares of eBay from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 12th. Robert W. Baird boosted their price objective on shares of eBay from $75.00 to $80.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. Wedbush reissued a "neutral" rating and issued a $72.00 price objective on shares of eBay in a research report on Wednesday, June 11th. Finally, Daiwa Capital Markets raised shares of eBay from a "neutral" rating to a "buy" rating and set a $70.00 price objective for the company in a research report on Monday, May 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $78.89.

Institutional Investors Weigh In On eBay

Institutional investors have recently bought and sold shares of the business. Impax Asset Management Group plc boosted its stake in shares of eBay by 2,536.5% in the first quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company's stock valued at $239,037,000 after purchasing an additional 3,401,198 shares during the period. ABN AMRO Bank N.V. purchased a new position in shares of eBay in the second quarter valued at $235,149,000. Nuveen LLC purchased a new position in shares of eBay in the first quarter valued at $202,346,000. Pacer Advisors Inc. boosted its stake in shares of eBay by 5,181.4% in the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock valued at $148,757,000 after purchasing an additional 2,154,735 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of eBay by 1,007.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company's stock valued at $163,058,000 after purchasing an additional 1,992,116 shares during the period. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

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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