Jamie Iannone Sells 21,000 Shares of eBay (NASDAQ:EBAY) Stock

eBay Inc. (NASDAQ:EBAY) CEO Jamie Iannone sold 21,000 shares of the stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the sale, the chief executive officer owned 352,653 shares of the company’s stock, valued at approximately $34,337,822.61. The trade was a 5.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $95.58 on Friday. The business has a 50 day moving average price of $89.36 and a 200 day moving average price of $88.60. eBay Inc. has a twelve month low of $60.68 and a twelve month high of $101.15. The company has a market cap of $42.82 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 2.02 and a beta of 1.34. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.30.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.35 by $0.06. The firm had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.25 EPS. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Research analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were issued a $0.31 dividend. This is a positive change from eBay’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.24 annualized dividend and a yield of 1.3%. eBay’s payout ratio is currently 28.51%.

Wall Street Analyst Weigh In

EBAY has been the subject of several recent research reports. Barclays cut their price target on eBay from $105.00 to $104.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Needham & Company LLC upped their price target on eBay from $115.00 to $122.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Benchmark upped their price target on eBay from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Citigroup upped their price target on eBay from $107.00 to $114.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $115.00 price target on shares of eBay in a report on Wednesday, January 28th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, eBay has an average rating of “Hold” and a consensus price target of $98.19.

Hedge Funds Weigh In On eBay

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Quotient Wealth Partners LLC lifted its position in shares of eBay by 4.5% during the 4th quarter. Quotient Wealth Partners LLC now owns 2,558 shares of the e-commerce company’s stock worth $223,000 after buying an additional 110 shares during the period. Childress Capital Advisors LLC lifted its position in shares of eBay by 3.2% during the 4th quarter. Childress Capital Advisors LLC now owns 3,685 shares of the e-commerce company’s stock worth $321,000 after buying an additional 114 shares during the period. JFS Wealth Advisors LLC lifted its position in shares of eBay by 57.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the e-commerce company’s stock worth $28,000 after buying an additional 116 shares during the period. Miracle Mile Advisors LLC lifted its position in shares of eBay by 0.4% during the 3rd quarter. Miracle Mile Advisors LLC now owns 29,151 shares of the e-commerce company’s stock worth $2,651,000 after buying an additional 118 shares during the period. Finally, Harfst & Associates Inc. lifted its position in shares of eBay by 0.6% during the 4th quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock worth $1,956,000 after buying an additional 131 shares during the period. Institutional investors own 87.48% of the company’s stock.

About eBay

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.