39,724 eBay Inc. $EBAY Shares Sold by SteelPeak Wealth LLC

Key Points

• SteelPeak Wealth reduced its eBay position by 48.2%, selling 39,724 shares during the third quarter and retaining 42,754 shares worth approximately $4.5 million. Institutional investors collectively own 87.48% of eBay.
• eBay insiders sold 34,344 shares worth about $3.6 million over the past 90 days, including sales by CEO Jamie Iannone and SVP Jordan Sweetnam under pre-arranged Rule 10b5-1 plans.
• Analyst views remain mixed: eBay has a consensus “Hold” rating and an average price target of $115.24, while recent quarterly results exceeded expectations with $1.60 in EPS and $3.13 billion in revenue.

SteelPeak Wealth LLC lessened its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 48.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,754 shares of the e-commerce company's stock after selling 39,724 shares during the period. SteelPeak Wealth LLC's holdings in eBay were worth $4,534,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Columbus Macro LLC increased its position in eBay by 2.5% during the 3rd quarter. Columbus Macro LLC now owns 3,838 shares of the e-commerce company's stock valued at $407,000 after purchasing an additional 93 shares during the period. Spire Wealth Management grew its position in eBay by 29.7% in the 2nd quarter. Spire Wealth Management now owns 489 shares of the e-commerce company's stock valued at $55,000 after purchasing an additional 112 shares during the period. B. Riley Wealth Advisors Inc. grew its holdings in shares of eBay by 4.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company's stock valued at $312,000 after buying an additional 125 shares during the last quarter. Eastern Bank increased its holdings in eBay by 35.2% during the 3rd quarter. Eastern Bank now owns 484 shares of the e-commerce company's stock worth $51,000 after purchasing an additional 126 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC grew its holdings in eBay by 6.4% during the third quarter. Avidian Wealth Enterprises LLC now owns 2,085 shares of the e-commerce company's stock worth $221,000 after buying an additional 126 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

Insider Activity at eBay

In related news, SVP Jordan Sweetnam sold 1,014 shares of eBay stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the sale, the senior vice president directly owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the company's stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the completion of the sale, the chief executive officer directly owned 226,269 shares in the company, valued at $24,228,884.52. This represents a 4.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 34,344 shares of company stock worth $3,635,567 over the last 90 days. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group increased their price objective on shares of eBay from $107.00 to $120.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. Wells Fargo & Company dropped their price objective on shares of eBay from $92.00 to $91.00 and set an "underweight" rating on the stock in a report on Monday, October 12th. Citigroup raised their price target on eBay from $127.00 to $130.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. BMO Capital Markets set a $145.00 price objective on shares of eBay in a research note on Thursday, August 6th. Finally, Benchmark upped their target price on eBay from $115.00 to $134.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, eBay has a consensus rating of "Hold" and an average target price of $115.24.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay’s 2026 Recommerce Report highlighted growing consumer demand for secondhand merchandise, supporting the company’s recommerce strategy and potentially expanding marketplace activity. eBay Stock Is Trending After Hours: Here’s Why
• Positive Sentiment: Analyst commentary identified eBay’s collectibles business, trading-card buybacks and a potential strategic investment from GameStop as possible sources of upside. However, the GameStop-related opportunity remains speculative. GameStop’s Collectibles Push, Trading Card Buybacks, eBay Stake Offer Strategic Upside, Analyst Says
• Positive Sentiment: Commentary continues to frame eBay Live and live-commerce features as a potential growth catalyst, particularly for collectibles and other high-engagement categories. eBay: Live Commerce Is The Next Growth Catalyst
• Neutral Sentiment: Unconfirmed takeover chatter previously lifted eBay and other online-marketplace stocks. With no confirmed transaction, investors may be reassessing the rally as rumor-driven rather than supported by a new strategic announcement. eBay Jumps 5% on Takeover Speculation
• Negative Sentiment: The stock’s retreat after its sharp advance is consistent with profit-taking and a pullback in takeover-related enthusiasm. This is a sentiment and valuation risk, not evidence of a confirmed fundamental change. eBay Jumps 5% to a 52-Week High on a Recycled GameStop Rumor

eBay Stock Down 2.1%

Shares of NASDAQ EBAY opened at $120.28 on Friday. The firm's fifty day moving average is $107.47 and its 200 day moving average is $107.94. The company has a market cap of $53.52 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 3.18 and a beta of 1.33. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $124.59.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%. The business had revenue of $3.13 billion during the quarter, compared to analysts' expectations of $3.01 billion. During the same quarter last year, the business posted $1.37 EPS. The business's revenue was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, equities research analysts expect that eBay Inc. will post 4.87 earnings per share for the current year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were issued a $0.31 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.24 annualized dividend and a yield of 1.0%. eBay's dividend payout ratio (DPR) is 25.67%.

eBay Company Profile

eBay Inc NASDAQ: EBAY operates a global online marketplace that connects millions of buyers and sellers. The platform enables individuals, small businesses and larger retailers to list and purchase new, used and refurbished merchandise across categories such as electronics, fashion, collectibles, automotive parts, home goods and industrial products.

The company generates revenue primarily through fees charged to sellers for listing and selling items, along with advertising services and other marketplace-related offerings.

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