Andra AP fonden Sells 44,500 Shares of eBay Inc. $EBAY

Key Points

• Andra AP fonden reduced its eBay position by 39.8% in the second quarter, selling 44,500 shares and retaining 67,187 shares valued at approximately $7.5 million. Institutional investors still own 87.48% of eBay’s outstanding stock.
• Analyst sentiment remains mixed: Piper Sandler and Argus raised their ratings or targets, while Cantor Fitzgerald lowered its target. Overall, eBay has a “Hold” consensus rating with an average price target of $117.24.
• eBay reported stronger-than-expected quarterly results, with $1.60 adjusted EPS and $3.13 billion in revenue, up 14.8% year over year. The company also declared a quarterly dividend of $0.31 per share, equivalent to a 1.1% annualized yield.

Andra AP fonden cut its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 39.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,187 shares of the e-commerce company's stock after selling 44,500 shares during the period. Andra AP fonden's holdings in eBay were worth $7,508,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cedar Mountain Advisors LLC grew its holdings 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 acquiring an additional 156 shares during the last quarter. Abound Financial LLC bought a new position in shares of eBay in the fourth quarter worth about $26,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of eBay during the first quarter worth approximately $26,000. Compass Financial Management LLC acquired a new position in shares of eBay during the second quarter worth approximately $28,000. Finally, Field & Main Bank bought a new stake in shares of eBay during the second quarter valued at approximately $31,000. 87.48% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EBAY. Robert W. Baird set a $126.00 price objective on eBay in a report on Thursday, August 6th. Piper Sandler reissued an "overweight" rating and issued a $133.00 target price (up from $115.00) on shares of eBay in a research note on Thursday, August 6th. Argus upgraded eBay from a "hold" rating to a "buy" rating and set a $133.00 target price for the company in a research report on Friday, August 7th. Cantor Fitzgerald cut their price target on eBay from $110.00 to $106.00 and set a "neutral" rating on the stock in a research note on Thursday, August 6th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $127.00 price objective on shares of eBay in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, eBay currently has an average rating of "Hold" and an average price target of $117.24.

eBay Stock Up 0.9%

Shares of NASDAQ:EBAY opened at $109.28 on Wednesday. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $48.63 billion, a PE ratio of 22.63, a PEG ratio of 2.88 and a beta of 1.34. The company has a 50 day moving average price of $107.94 and a two-hundred day moving average price of $105.55.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.10. eBay had a net margin of 18.50% and a return on equity of 47.88%. The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the previous year, the business earned $1.37 EPS. The firm'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. Analysts forecast that eBay Inc. will post 4.86 earnings per share for the current year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, August 28th. eBay's dividend payout ratio is 25.67%.

Insider Transactions at eBay

In other news, SVP Jordan Sweetnam sold 1,014 shares of eBay stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total transaction of $102,809.46. Following the transaction, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 business's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $102.35, for a total value of $1,137,108.50. Following the completion of the transaction, the chief executive officer owned 230,991 shares of the company's stock, valued at $23,641,928.85. This represents a 4.59% 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. In the last ninety days, insiders have sold 34,344 shares of company stock worth $3,705,005. 0.67% of the stock is currently owned by insiders.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Used graphics-card prices on eBay rose 5.7%, with some high-end models—including the RTX 5080 and RX 7900 XTX—increasing as much as 27%. The activity suggests continued demand in important electronics categories on the marketplace. Used graphics card prices rise on eBay
• Positive Sentiment: InvestorPlace reported an upgrade to eBay’s ranking among blue-chip stocks, offering a modestly more favorable analyst view. However, the article provided few details about the rationale or a specific price target. eBay upgraded among blue-chip stocks
• Neutral Sentiment: GameStop disclosed that it held approximately 43.4 million eBay shares valued at about $4.9 billion. Reports suggest the position could support a future strategic or acquisition-related move, but expiring GameStop warrants and the lack of a confirmed transaction make the implications highly uncertain. GameStop CEO buys more stock and holds eBay shares
• Negative Sentiment: Jefferies maintained an Underperform rating and cut its eBay price target to $75 from $80. The firm expects weaker advertising growth, greater reliance on lower-margin offerings, and EBITDA estimates 4% below consensus for 2027 and 11% below consensus for 2028. Jefferies cuts eBay target to $75
• Negative Sentiment: Recent trading data showed eBay insiders made no open-market purchases and recorded 66 sales over the past six months. That selling activity may reinforce concerns about valuation after the stock’s recent strength.
• Negative Sentiment: eBay operates in the consumer-discretionary sector, which has lagged consumer staples in 2026. The broader sector weakness may be adding to investor caution around marketplace spending and advertising growth.

eBay Profile

eBay Inc NASDAQ: EBAY operates a global online marketplace that connects buyers and sellers. Its platform supports the sale of new, used, refurbished and collectible products across categories including electronics, apparel, footwear, home and garden, automotive parts, accessories and trading cards.

The company generates revenue primarily through seller fees and related services, including payments, advertising and shipping solutions. eBay also offers specialized experiences such as eBay Motors and authentication programs designed to help verify eligible luxury goods, sneakers, watches, handbags and collectibles.

Founded in 1995 by Pierre Omidyar, eBay serves customers and sellers in markets around the world.

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