Insider Selling: eBay (NASDAQ:EBAY) CEO Sells $1,217,544.90 in Stock

eBay Inc. (NASDAQ:EBAYGet Free Report) 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 owned 280,204 shares of the company’s stock, valued at approximately $30,707,556.36. The trade was a 3.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 stock was sold at an average price of $97.37, for a total value of $2,044,770.00.

eBay Stock Performance

Shares of eBay stock opened at $106.41 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The business has a 50-day moving average price of $105.77 and a two-hundred day moving average price of $94.11. eBay Inc. has a 1-year low of $72.84 and a 1-year high of $119.31. The company has a market cap of $47.25 billion, a P/E ratio of 24.13, a PEG ratio of 2.42 and a beta of 1.39.

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

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, May 29th. eBay’s dividend payout ratio is 28.12%.

Institutional Investors Weigh In On eBay

Several institutional investors have recently bought and sold shares of EBAY. Cedar Mountain Advisors LLC grew its holdings in eBay by 128.9% during the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after buying an additional 156 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of eBay during the 4th quarter worth approximately $26,000. Abound Financial LLC bought a new position in shares of eBay during the 4th quarter worth approximately $26,000. Cassaday & Co Wealth Management LLC bought a new position in shares of eBay during the 1st quarter worth approximately $26,000. Finally, Jessup Wealth Management Inc bought a new position in shares of eBay during the 4th quarter worth approximately $27,000. Institutional investors own 87.48% of the company’s stock.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

Analyst Ratings Changes

A number of equities analysts have recently issued reports on EBAY shares. BNP Paribas Exane increased their price objective on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Arete Research cut their price objective on shares of eBay from $113.00 to $111.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Cantor Fitzgerald increased their price objective on shares of eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. The Goldman Sachs Group increased their price objective on shares of eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Bank of America increased their price objective on shares of eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $107.84.

View Our Latest Stock Report on eBay

About eBay

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for eBay (NASDAQ:EBAY)

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