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

eBay Inc. (NASDAQ:EBAY) was the recipient of unusually large options trading on Tuesday. Traders purchased 34,654 call options on the stock. This is an increase of approximately 158% compared to the typical daily volume of 13,426 call options.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total transaction of $666,714.93. Following the transaction, the chief executive officer owned 246,812 shares of the company’s stock, valued at approximately $22,788,151.96. This represents a 2.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total value of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares in the company, valued at approximately $8,361,385.76. This represents a 4.54% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 118,949 shares of company stock worth $10,709,691. 0.64% of the stock is owned by company insiders.

Hedge Funds Weigh In On eBay

Several hedge funds have recently modified their holdings of EBAY. Impax Asset Management Group plc grew its holdings in shares of eBay by 2,536.5% in the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company’s stock valued at $239,037,000 after acquiring an additional 3,401,198 shares in the last quarter. ABN AMRO Bank N.V. bought a new position in shares of eBay in the 2nd quarter valued at about $235,149,000. Nuveen LLC bought a new position in shares of eBay in the 1st quarter valued at about $202,346,000. Pacer Advisors Inc. grew its holdings in shares of eBay by 5,181.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company’s stock valued at $148,757,000 after acquiring an additional 2,154,735 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of eBay by 1,007.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company’s stock valued at $163,058,000 after acquiring an additional 1,992,116 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Price Performance

EBAY stock opened at $92.08 on Thursday. The stock has a 50-day moving average price of $93.15 and a two-hundred day moving average price of $79.34. The stock has a market cap of $42.08 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 2.24 and a beta of 1.31. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay has a 1 year low of $56.33 and a 1 year high of $101.15.

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

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay’s dividend payout ratio is 25.55%.

Analyst Ratings Changes

EBAY has been the topic of a number of analyst reports. Arete raised eBay from a “sell” rating to a “neutral” rating and set a $91.00 price target on the stock in a research note on Thursday, August 7th. Cantor Fitzgerald increased their price target on eBay from $69.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Susquehanna increased their price target on eBay from $70.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. UBS Group set a $87.00 price target on eBay in a research note on Thursday, July 31st. Finally, Needham & Company LLC increased their price target on eBay from $78.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $81.29.

About eBay

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.