eBay Inc. $EBAY Holdings Trimmed by Corient Private Wealth LP

Key Points

• Corient Private Wealth reduced its eBay stake by 28% in the second quarter, selling 91,717 shares and retaining 235,374 shares valued at approximately $26.3 million. Institutional investors collectively own 87.48% of eBay.
• eBay reported stronger-than-expected quarterly results, with EPS of $1.60 versus the $1.50 consensus and revenue of $3.13 billion, up 14.8% year over year. The company guided for third-quarter EPS of $1.36–$1.42 and pays a quarterly dividend of $0.31.
• Analyst sentiment is mixed but leans positive: the consensus rating is “Hold” with an average price target of $117.24, while targets range from $110 to $145. CEO Jamie Iannone and other insiders also sold shares under pre-arranged Rule 10b5-1 plans.

Corient Private Wealth LP reduced its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 28.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 235,374 shares of the e-commerce company's stock after selling 91,717 shares during the quarter. Corient Private Wealth LP owned 0.05% of eBay worth $26,303,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Spire Wealth Management grew its holdings in shares of eBay by 29.7% during the second quarter. Spire Wealth Management now owns 489 shares of the e-commerce company's stock valued at $55,000 after buying an additional 112 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in eBay by 4.6% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company's stock worth $312,000 after acquiring an additional 125 shares in the last quarter. Capital Asset Advisory Services LLC boosted its position in eBay by 3.3% during the 1st quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company's stock worth $367,000 after acquiring an additional 129 shares during the period. Harfst & Associates Inc. boosted its position in 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 acquiring an additional 131 shares during the period. Finally, Commerce Bank grew its stake in eBay by 0.5% during the 4th quarter. Commerce Bank now owns 28,313 shares of the e-commerce company's stock valued at $2,466,000 after acquiring an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on EBAY shares. Argus raised shares of eBay from a "hold" rating to a "buy" rating and set a $133.00 price target for the company in a research report on Friday, August 7th. Truist Financial raised their price target on shares of eBay from $105.00 to $115.00 and gave the stock a "hold" rating in a report on Thursday, August 6th. Mizuho set a $110.00 price objective on shares of eBay in a research report on Thursday, August 6th. UBS Group upped 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. Finally, BMO Capital Markets set a $145.00 target price 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 given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $117.24.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay is viewed as the stronger investment compared with GameStop. Analysts and market commentary point to eBay’s profitability and more established marketplace model, while GameStop’s latest revenue declined nearly 20% year over year. Reports that GameStop may reconsider a potential bid for eBay could also reduce takeover-related uncertainty. GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
• Positive Sentiment: Fashion Month promotions could increase engagement. eBay has launched a major international fashion campaign intended to attract buyers and sellers, supporting activity in a key marketplace category. eBay Kicks Off Major International Activity for Fashion Month
• Positive Sentiment: Recent operating performance remains supportive. eBay’s latest quarterly results exceeded expectations, with earnings per share of $1.60 versus a $1.50 consensus estimate and revenue of $3.13 billion, up 14.8% year over year. The company also guided to third-quarter EPS of $1.36–$1.42.
• Neutral Sentiment: Speculation surrounding Ryan Cohen and GameStop remains uncertain. Commentary outlines possible strategic moves involving eBay but does not confirm a transaction or concrete change in eBay’s business outlook. Ryan Cohen Has Three Options As He Weighs Next GameStop Move For eBay
• Neutral Sentiment: Reported short interest of zero shares provides no meaningful indication of bearish positioning and may reflect a data-reporting limitation.
• Negative Sentiment: CEO Jamie Iannone sold approximately $2.3 million of eBay stock. The sale represented about 5% of his prior holdings. Because the transactions were executed under a pre-arranged Rule 10b5-1 plan, they may be less significant as a discretionary signal, but insider selling can still weigh on sentiment. eBay CEO Jamie Iannone Sells Company Shares Worth $2.3 Million
• Negative Sentiment: Product-safety risks remain a marketplace overhang. eBay banned airbag sales after regulators linked another death to a counterfeit inflator. The move limits future exposure but highlights potential liability, compliance and counterfeit-control costs. eBay Bans Airbag Sales as NHTSA Confirms 11th Death Tied to Counterfeit Inflator

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total value of $1,205,990.50. Following the completion of the sale, the chief executive officer owned 253,211 shares of the company's stock, valued at approximately $27,486,054.05. The trade was a 4.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the company's stock in a transaction 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 completion of the sale, the senior vice president owned 35,546 shares of the company's stock, valued at $3,604,008.94. This represents a 2.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 37,126 shares of company stock worth $4,007,449 in the last 90 days. 0.67% of the stock is owned by insiders.

eBay Price Performance

EBAY opened at $107.75 on Monday. The company has a market capitalization of $47.95 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. eBay Inc. has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. The business has a 50-day moving average of $108.68 and a 200-day moving average of $104.50.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating 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 in the previous year, the business posted $1.37 EPS. The firm's quarterly revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Equities research analysts forecast that eBay Inc. will post 4.86 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, August 28th. eBay's payout ratio is currently 25.67%.

About eBay

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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