Stock Traders Buy Large Volume of Call Options on eBay (NASDAQ:EBAY)

eBay Inc. (NASDAQ:EBAY) saw some unusual options trading on Monday. Stock traders purchased 8,935 call options on the company. This represents an increase of 67% compared to the typical daily volume of 5,354 call options.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Citigroup upped their target price on shares of eBay from $127.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Argus raised shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a report on Friday, August 7th. Mizuho set a $110.00 price target on shares of eBay in a research report on Thursday, August 6th. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a report on Friday, August 7th. Finally, Robert W. Baird set a $126.00 price objective on eBay in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $115.24.

Insiders Place Their Bets

In related news, SVP Jordan Sweetnam sold 1,014 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the sale, the senior vice president owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This represents a 2.77% decrease in their position. 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. Also, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $107.08, for a total value of $1,189,658.80. Following the completion of the transaction, the chief executive officer owned 226,269 shares of the company’s stock, valued at approximately $24,228,884.52. This represents a 4.68% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 34,344 shares of company stock worth $3,635,567. 0.67% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On eBay

A number of hedge funds and other institutional investors have recently modified their holdings of EBAY. Wedmont Private Capital lifted its position in eBay by 12.5% in the third quarter. Wedmont Private Capital now owns 11,923 shares of the e-commerce company’s stock valued at $1,335,000 after purchasing an additional 1,325 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of eBay by 6.0% in the third quarter. GAMMA Investing LLC now owns 19,796 shares of the e-commerce company’s stock worth $2,099,000 after purchasing an additional 1,122 shares during the last quarter. Farther Finance Advisors LLC boosted its position in eBay by 15.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,674 shares of the e-commerce company’s stock valued at $920,000 after buying an additional 1,156 shares during the period. Westwind Capital grew its holdings in eBay by 5.7% in the 3rd quarter. Westwind Capital now owns 13,604 shares of the e-commerce company’s stock worth $1,443,000 after acquiring an additional 737 shares during the last quarter. Finally, Everhart Financial Group Inc. grew its holdings in eBay by 4.4% in the 3rd quarter. Everhart Financial Group Inc. now owns 3,980 shares of the e-commerce company’s stock worth $422,000 after acquiring an additional 169 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Price Performance

NASDAQ:EBAY traded up $4.33 during mid-day trading on Monday, reaching $116.52. The stock had a trading volume of 2,816,343 shares, compared to its average volume of 4,898,607. The firm has a 50 day moving average price of $106.65 and a two-hundred day moving average price of $107.05. The stock has a market capitalization of $51.85 billion, a P/E ratio of 24.14, a P/E/G ratio of 2.97 and a beta of 1.33. eBay has a one year low of $78.03 and a one year high of $119.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same period last year, the business earned $1.37 earnings per share. The business’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. As a group, analysts expect that eBay will post 4.87 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 28th. eBay’s dividend payout ratio (DPR) is 25.67%.

eBay Company Profile

eBay Inc (NASDAQ: EBAY) operates a global online marketplace that connects millions of buyers and sellers. The platform enables individuals, small businesses and larger retailers to list and purchase new, used and refurbished merchandise across categories such as electronics, fashion, collectibles, automotive parts, home goods and industrial products.

The company generates revenue primarily through fees charged to sellers for listing and selling items, along with advertising services and other marketplace-related offerings.