Jamie Iannone Sells 11,110 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the completion of the sale, the chief executive officer owned 275,431 shares of the company’s stock, valued at $31,214,595.23. This trade represents a 3.88% decrease in their ownership of the stock. The transaction 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.

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

• On Thursday, June 4th, Jamie Iannone sold 11,110 shares of eBay stock. The stock was sold at an average price of $109.59, for a total transaction of $1,217,544.90.

eBay Stock Up 1.8%

eBay stock opened at $117.33 on Friday. The company has a market capitalization of $52.09 billion, a P/E ratio of 26.61, a P/E/G ratio of 2.54 and a beta of 1.37. The firm’s fifty day simple moving average is $110.68 and its 200-day simple moving average is $98.23. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay Inc. has a 1-year low of $75.78 and a 1-year high of $119.31.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Sell-side analysts forecast that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, May 29th. eBay’s dividend payout ratio is 28.12%.

Institutional Trading of eBay

Hedge funds have recently bought and sold shares of the stock. Fulton Bank N.A. acquired a new stake in eBay in the 2nd quarter worth $216,000. Revolve Wealth Partners LLC acquired a new position in shares of eBay during the second quarter valued at about $214,000. Everhart Financial Group Inc. lifted its stake in shares of eBay by 6.4% in the second quarter. Everhart Financial Group Inc. now owns 3,811 shares of the e-commerce company’s stock valued at $426,000 after buying an additional 228 shares during the period. Everpar Advisors LLC lifted its stake in shares of eBay by 7.2% in the second quarter. Everpar Advisors LLC now owns 3,096 shares of the e-commerce company’s stock valued at $346,000 after buying an additional 207 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its position in eBay by 8.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 7,847 shares of the e-commerce company’s stock worth $877,000 after buying an additional 609 shares in the last quarter. 87.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on EBAY shares. Barclays raised their price objective on eBay from $104.00 to $114.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. BMO Capital Markets increased their price target on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Daiwa Securities Group lifted their price target on shares of eBay from $90.00 to $114.00 in a research report on Monday, May 11th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a research note on Friday, June 12th. Finally, Rothschild & Co Redburn upped their price objective on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $108.65.

eBay News Roundup

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Investors are looking ahead to eBay’s Q2 earnings release, with analysts expecting another solid quarter after the company previously beat estimates on both EPS and revenue. That setup can help keep sentiment positive if results and guidance come in strong. Earnings Preview: What To Expect From eBay’s Report
• Positive Sentiment: A bullish commentary said eBay’s U.K. experiment helped validate its turnaround strategy, reinforcing the case for improving growth and margins. How EBAY Stock’s British Experiment Signaled A 50% Surge
• Positive Sentiment: Growing interest in collectibles, especially trading cards, could benefit eBay’s marketplace traffic and seller activity since collectibles remain an important category on the platform. Gotta collect ’em all: Trading card market could be worth up to $20 billion
• Neutral Sentiment: GameStop shareholders approved a larger share authorization tied to a highly speculative eBay acquisition bid, but there is no clear evidence of a near-term transaction or direct impact on eBay’s fundamentals. GameStop shareholders approve plan to boost eBay acquisition bid
• Neutral Sentiment: CEO Jamie Iannone sold shares under a pre-arranged Rule 10b5-1 plan, which is generally seen as routine insider activity rather than a strong bearish signal. Jamie Iannone Sells 11,110 Shares of eBay (NASDAQ:EBAY) Stock
• Negative Sentiment: Wells Fargo raised its price target slightly but kept an “equal weight” rating, and its new target still sits below the current share price, suggesting limited upside from here. Wells Fargo target raise on eBay

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.