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

eBay Inc. (NASDAQ:EBAY) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 19,826 call options on the stock. This is an increase of 45% compared to the average volume of 13,640 call options.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on EBAY shares. UBS Group set a $95.00 target price on eBay in a research report on Thursday, October 30th. Wells Fargo & Company lifted their price objective on shares of eBay from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Thursday. B. Riley boosted their price objective on shares of eBay from $94.00 to $96.00 and gave the company a “buy” rating in a research report on Monday, October 20th. The Goldman Sachs Group lifted their price target on shares of eBay from $72.00 to $78.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. Finally, JMP Securities upgraded shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 price target on the stock in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $94.47.

Insider Buying and Selling

In related news, SVP Jordan Douglas Bradle Sweetnam sold 865 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $82.67, for a total transaction of $71,509.55. Following the completion of the transaction, the senior vice president directly owned 4,733 shares of the company’s stock, valued at approximately $391,277.11. This represents a 15.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Julie A. Loeger sold 2,896 shares of eBay stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $82.44, for a total value of $238,746.24. Following the completion of the sale, the senior vice president directly owned 55,990 shares in the company, valued at approximately $4,615,815.60. The trade was a 4.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,675 shares of company stock valued at $4,388,825 in the last ninety days. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On eBay

Several institutional investors have recently bought and sold shares of the business. Financial Consulate Inc. purchased a new stake in eBay during the third quarter worth $27,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of eBay in the 3rd quarter valued at $28,000. JPL Wealth Management LLC bought a new position in shares of eBay in the 3rd quarter worth $28,000. Princeton Global Asset Management LLC lifted its stake in shares of eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 269 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in eBay during the third quarter valued at about $32,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Trading Up 0.8%

Shares of EBAY opened at $90.88 on Friday. The firm has a market capitalization of $41.08 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 2.10 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.92 and a quick ratio of 0.92. eBay has a 1-year low of $58.71 and a 1-year high of $101.15. The company has a 50-day moving average of $84.13 and a 200 day moving average of $86.94.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.03. The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a return on equity of 41.94% and a net margin of 20.37%.eBay’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. On average, research analysts expect that eBay will post 3.86 EPS for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were issued a $0.29 dividend. The ex-dividend date was Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s payout ratio is currently 25.22%.

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.