Jamie Iannone Sells 7,221 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 7,221 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $91.76, for a total value of $662,598.96. Following the completion of the sale, the chief executive officer directly owned 250,223 shares in the company, valued at $22,960,462.48. This represents a 2.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, September 4th, Jamie Iannone sold 7,221 shares of eBay stock. The shares were sold at an average price of $92.33, for a total value of $666,714.93.

eBay Price Performance

EBAY stock opened at $90.13 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $41.19 billion, a P/E ratio of 19.85, a P/E/G ratio of 2.22 and a beta of 1.31. The business’s 50-day moving average is $93.12 and its two-hundred day moving average is $79.50. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay’s dividend payout ratio (DPR) is 25.55%.

Institutional Trading of eBay

Institutional investors have recently bought and sold shares of the company. Procyon Advisors LLC boosted its position in eBay by 100.7% during the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock worth $2,293,000 after purchasing an additional 15,449 shares in the last quarter. Marvin & Palmer Associates Inc. purchased a new stake in eBay during the first quarter worth $2,958,000. Optas LLC boosted its position in eBay by 99.0% during the second quarter. Optas LLC now owns 67,974 shares of the e-commerce company’s stock worth $5,061,000 after purchasing an additional 33,814 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of eBay by 0.5% in the first quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock valued at $3,596,000 after acquiring an additional 246 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of eBay by 59.6% in the first quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock valued at $261,000 after acquiring an additional 1,440 shares in the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citizens Jmp upgraded eBay to a “hold” rating in a research note on Thursday, July 10th. Mizuho assumed coverage on eBay in a research note on Monday, September 29th. They set a “neutral” rating and a $98.00 price target on the stock. Robert W. Baird raised their price target on eBay from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Bank of America raised their price target on eBay from $89.00 to $101.00 and gave the stock a “neutral” rating in a research note on Monday, August 25th. Finally, Cantor Fitzgerald raised their price target on eBay from $69.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $81.29.

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.