eBay (NASDAQ:EBAY) CEO Jamie Iannone Sells 11,110 Shares

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $109.59, for a total value of $1,217,544.90. Following the sale, the chief executive officer directly owned 280,204 shares in the company, valued at $30,707,556.36. This represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 6th, Jamie Iannone sold 21,000 shares of eBay stock. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00.

eBay Stock Performance

Shares of EBAY stock traded down $0.91 on Monday, hitting $108.44. The company had a trading volume of 2,770,219 shares, compared to its average volume of 5,530,119. eBay Inc. has a twelve month low of $72.84 and a twelve month high of $119.31. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The firm has a market cap of $48.15 billion, a P/E ratio of 24.59, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39. The company has a 50-day moving average price of $104.60 and a 200-day moving average price of $93.55.

eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The firm had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.eBay’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period last year, the company earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts predict that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s payout ratio is 28.12%.

Wall Street Analyst Weigh In

Several research firms recently commented on EBAY. Stifel Nicolaus set a $98.00 price target on shares of eBay in a research report on Thursday, April 30th. Wedbush increased their target price on shares of eBay from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their target price on eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research note on Monday, May 4th. Finally, Jefferies Financial Group increased their price target on eBay from $60.00 to $65.00 in a research report on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $107.84.

Institutional Investors Weigh In On eBay

Several institutional investors have recently bought and sold shares of the company. Guggenheim Capital LLC raised its holdings in shares of eBay by 7.4% during the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after acquiring an additional 988 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of eBay during the second quarter worth approximately $275,000. NewEdge Advisors LLC increased its position in shares of eBay by 70.4% during the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after purchasing an additional 44,851 shares in the last quarter. Sei Investments Co. raised its stake in eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after purchasing an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its stake in eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after purchasing an additional 67,731 shares during the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

About eBay

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.