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

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the transaction, the chief executive officer directly owned 280,204 shares in the company, valued at $30,707,556.36. This trade represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction of $2,044,770.00.

eBay Price Performance

Shares of EBAY stock opened at $108.44 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.22 and a quick ratio of 1.22. The firm’s 50-day moving average is $104.98 and its two-hundred day moving average is $93.73. eBay Inc. has a 12 month low of $72.84 and a 12 month high of $119.31. The company has a market capitalization of $48.15 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 2.43 and a beta of 1.39.

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

eBay Announces Dividend

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

Institutional Investors Weigh In On eBay

Large investors have recently added to or reduced their stakes in the business. Cedar Mountain Advisors LLC increased its stake in eBay by 128.9% during the 1st 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 during the period. High Point Wealth Management LLC purchased a new stake in eBay during the 4th quarter worth approximately $26,000. Abound Financial LLC purchased a new stake in eBay during the 4th quarter worth approximately $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in eBay during the 1st quarter worth approximately $26,000. Finally, Jessup Wealth Management Inc purchased a new stake in eBay during the 4th quarter worth approximately $27,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Wedbush boosted their price target on shares of eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Citizens Jmp boosted their price target on shares of eBay from $115.00 to $120.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. boosted their price target on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Benchmark boosted their price target on shares of eBay from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, Piper Sandler reissued an “overweight” rating and issued a $115.00 price target (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $107.84.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Several articles highlighted eBay as a stock some analysts and investors still view favorably for long-term growth, noting strong multi-year share performance and continued bullish thesis support. Is eBay Inc. (EBAY) A Good Stock To Buy Now?
• Neutral Sentiment: GameStop’s Ryan Cohen reiterated interest in talking about eBay, but eBay’s board had already rejected the bid, making this more of a speculative headline than a near-term catalyst. GameStop’s Ryan Cohen Is Ready to Talk About eBay. For Real.
• Neutral Sentiment: eBay remains in the headlines as a consumer marketplace platform, including a story about high-priced resale of “The Odyssey” tickets on the site, but this appears unlikely to materially affect the stock. GameStop’s Ryan Cohen is ready to talk about eBay. For real.
• Negative Sentiment: The UK Competition and Markets Authority launched a formal review of eBay’s $1.2 billion purchase of Depop, raising the risk of delays, additional remedies, or even a blocked transaction. UK competition watchdog launches probe into eBay’s purchase of Depop
• Negative Sentiment: News that CEO Jamie Iannone sold shares under a pre-arranged trading plan may weigh on sentiment, even though the filing does not necessarily signal a negative view from management. eBay Inc. CEO Jamie Iannone stock sale

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.