eBay Inc. $EBAY Position Trimmed by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management cut its eBay position by 75.9% in the third quarter, selling 520,227 shares and retaining 165,537 shares valued at approximately $17.6 million. Institutional investors still own 87.48% of eBay’s stock.
• eBay reported stronger-than-expected quarterly results, with $1.60 in EPS and $3.13 billion in revenue, representing 14.8% year-over-year growth. The company also declared a quarterly dividend of $0.31 per share, yielding about 1.0% annually.
• Analyst sentiment remains mixed: eBay has a consensus “Hold” rating and an average price target of $115.24, below the reported share price of $120.28. Several insiders, including the CEO, sold shares under pre-arranged Rule 10b5-1 trading plans.

Assenagon Asset Management S.A. decreased its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 75.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 165,537 shares of the e-commerce company's stock after selling 520,227 shares during the quarter. Assenagon Asset Management S.A.'s holdings in eBay were worth $17,555,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Rakuten Investment Management Inc. purchased a new position in shares of eBay in the second quarter worth approximately $7,929,000. Lombard Odier Asset Management Europe Ltd acquired a new stake in shares of eBay during the second quarter valued at approximately $23,393,000. Marvin & Palmer Associates Inc. purchased a new stake in shares of eBay in the 2nd quarter valued at approximately $3,989,000. Empowered Funds LLC purchased a new stake in shares of eBay in the 2nd quarter valued at approximately $16,967,000. Finally, Glenview Trust Co acquired a new position in eBay in the 2nd quarter worth approximately $1,544,000. Institutional investors own 87.48% of the company's stock.

Insider Activity

In other eBay news, SVP Jordan Sweetnam sold 1,014 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the sale, the senior vice president owned 35,546 shares of the company's stock, valued at $3,604,008.94. This trade represents a 2.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the firm's stock in a transaction that occurred 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 directly owned 253,211 shares in the company, valued at $27,486,054.05. This trade represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 34,344 shares of company stock valued at $3,635,567 in the last three months. 0.67% of the stock is owned by insiders.

eBay Stock Performance

Shares of NASDAQ:EBAY opened at $120.28 on Monday. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $124.59. The firm has a fifty day moving average price of $107.47 and a 200 day moving average price of $108.08. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $53.52 billion, a PE ratio of 24.90, a P/E/G ratio of 3.19 and a beta of 1.33.

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 for the quarter, topping analysts' consensus estimates of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%. The company 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 firm earned $1.37 earnings per share. The business'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. Analysts expect that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, August 28th. eBay's dividend payout ratio is 25.67%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Susquehanna reaffirmed a "neutral" rating on shares of eBay in a research report on Friday, August 7th. Barclays upped their price target on eBay from $114.00 to $123.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Morgan Stanley upped their price target on eBay from $127.00 to $132.00 and gave the company an "overweight" rating in a research report on Monday, October 12th. Wedbush increased their price objective on eBay from $135.00 to $137.00 and gave the stock an "outperform" rating in a research note on Thursday, August 20th. Finally, Sanford C. Bernstein restated a "market perform" rating and set a $115.00 price objective on shares of eBay in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, eBay presently has a consensus rating of "Hold" and an average price target 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

About eBay

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.

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