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

eBay Inc. (NASDAQ:EBAY) SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the transaction, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 shares were sold at an average price of $109.17, for a total value of $94,213.71.

eBay Stock Performance

Shares of eBay stock opened at $104.13 on Friday. The business’s fifty day simple moving average is $110.12 and its 200 day simple moving average is $102.31. 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 Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The firm has a market capitalization of $46.34 billion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 2.51 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the company earned $1.37 EPS. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, analysts anticipate that eBay Inc. will post 4.87 EPS for the current year.

eBay Announces Dividend

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

Institutional Investors Weigh In On eBay

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of eBay by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock valued at $5,018,121,000 after purchasing an additional 468,833 shares during the period. BlackRock Inc. bought a new position in eBay in the 2nd quarter worth approximately $4,406,897,000. Invesco Ltd. grew its stake in eBay by 8.3% in the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock valued at $785,722,000 after buying an additional 692,805 shares in the last quarter. Independent Franchise Partners LLP grew its stake in eBay by 5.2% in the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after buying an additional 384,570 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in eBay by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after acquiring an additional 80,450 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of research analyst reports. President Capital boosted their target price on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded shares of eBay from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, August 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $127.00 price target on shares of eBay in a report on Thursday, August 6th. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a report on Friday, August 7th. Finally, Truist Financial upped their price objective on eBay from $105.00 to $115.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $117.24.

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.