Insider Selling: eBay (NASDAQ:EBAY) SVP Sells $102,809.46 in Stock

Key Points

• eBay SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares for approximately $102,809 at an average price of $101.39, reducing his holdings by 2.77%. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
• eBay reported stronger-than-expected quarterly results, with earnings of $1.60 per share and revenue of $3.13 billion, up 14.8% year over year. The company guided for third-quarter EPS of $1.36–$1.42.
• eBay declared a quarterly dividend of $0.31 per share, representing an annualized dividend of $1.24 and a yield of about 1.2%. Analysts maintain an overall “Hold” rating, with an average price target of $117.24.

eBay Inc. (NASDAQ:EBAY - Get Free Report) SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following 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 filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jordan Douglas Bradle Sweetnam also recently made the following trade(s):

• On Thursday, June 18th, Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock. The stock was sold at an average price of $109.17, for a total transaction of $94,213.71.

eBay Stock Performance

EBAY traded up $1.97 on Thursday, hitting $104.61. 5,569,138 shares of the stock traded hands, compared to its average volume of 4,606,464. The firm has a market capitalization of $46.55 billion, a PE ratio of 21.66, a P/E/G ratio of 2.48 and a beta of 1.37. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. The business has a fifty day moving average price of $110.21 and a two-hundred day moving average price of $102.30. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the previous year, the firm earned $1.37 EPS. eBay's quarterly revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, research analysts predict that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. eBay's dividend payout ratio (DPR) is 25.67%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on EBAY shares. Robert W. Baird set a $126.00 target price on eBay in a research report on Thursday, August 6th. Truist Financial upped their price objective on shares of eBay from $105.00 to $115.00 and gave the company a "hold" rating in a report on Thursday, August 6th. BNP Paribas Exane lifted their price target on eBay from $97.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. Evercore set a $96.00 target price on shares of eBay in a report on Thursday, April 30th. Finally, Mizuho set a $110.00 price target on shares of eBay in a report on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $117.24.

Hedge Funds Weigh In On eBay

A number of hedge funds have recently added to or reduced their stakes in the stock. Spire Wealth Management grew its holdings in eBay by 29.7% during the second quarter. Spire Wealth Management now owns 489 shares of the e-commerce company's stock worth $55,000 after buying an additional 112 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in eBay by 4.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company's stock worth $312,000 after purchasing an additional 125 shares during the last quarter. Capital Asset Advisory Services LLC increased its stake in eBay by 3.3% in the 1st quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company's stock valued at $367,000 after buying an additional 129 shares during the last quarter. Harfst & Associates Inc. boosted its stake in shares of eBay by 0.6% in the 4th quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company's stock worth $1,956,000 after buying an additional 131 shares during the last quarter. Finally, Commerce Bank grew its holdings in shares of eBay by 0.5% in the fourth quarter. Commerce Bank now owns 28,313 shares of the e-commerce company's stock valued at $2,466,000 after acquiring an additional 132 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

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.

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