Assenagon Asset Management S.A. lifted its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 219.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 685,764 shares of the e-commerce company's stock after buying an additional 470,770 shares during the period. Assenagon Asset Management S.A. owned 0.15% of eBay worth $76,634,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. boosted its position in eBay by 4.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,931,042 shares of the e-commerce company's stock worth $255,294,000 after acquiring an additional 113,553 shares during the period. Allworth Financial LP increased its holdings in shares of eBay by 62.6% in the 4th quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company's stock valued at $2,013,000 after purchasing an additional 8,899 shares during the period. North Dakota State Investment Board purchased a new stake in shares of eBay in the fourth quarter worth approximately $1,809,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay during the fourth quarter worth approximately $9,368,000. Finally, Jefferies Financial Group Inc. purchased a new position in eBay during the fourth quarter valued at approximately $1,209,000. Institutional investors and hedge funds own 87.48% of the company's stock.
Insiders Place Their Bets
In other news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the business's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $109.17, for a total value of $94,213.71. Following the sale, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. The trade was a 2.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 dated Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following 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 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 three months, insiders sold 87,122 shares of company stock valued at $9,953,842. 0.67% of the stock is currently owned by insiders.
eBay News Summary
Here are the key news stories impacting eBay this week:
- Positive Sentiment: Strong Q2 results and raised outlook: eBay reported adjusted earnings of $1.60 per share and revenue of $3.13 billion, exceeding Wall Street expectations. Gross merchandise volume rose 15% to $22.4 billion, while advertising, luxury, collectibles and refurbished goods contributed to growth. Management raised its 2026 GMV growth forecast to 11.5%-12.5% and provided third-quarter guidance that was generally above revenue expectations. eBay Q2 Earnings Beat Estimates on Higher GMV and Ad Growth
- Positive Sentiment: More bullish analyst coverage: Argus upgraded EBAY from Hold to Buy with a $133 price target. Needham raised its target to $135 and maintained a Buy rating, while Wedbush reiterated Outperform with a $135 target. These targets imply meaningful potential upside and reflect improved confidence in eBay’s growth trajectory. Argus Upgrades eBay to Buy
- Positive Sentiment: Growth initiatives remain active: eBay is expanding live shopping to compete with Whatnot and TikTok Shop and is using AI tools to improve shopping and seller experiences. The company also declared a quarterly dividend of $0.31 per share, providing continued shareholder returns.
- Neutral Sentiment: Mixed analyst reaction: Truist raised its price target to $115 but retained Hold, while UBS kept a Hold rating with a $107 target. Cantor Fitzgerald lowered its target to $106 and Citizens JMP downgraded eBay to Market Perform, citing limited valuation upside and execution risks.
- Negative Sentiment: Margin and competitive risks: Analysts noted that the integration of Depop could pressure margins, while fashion brands are increasingly seeking to capture more of the resale-market economics. These issues could limit the benefit of eBay’s strong top-line momentum.
- Neutral Sentiment: CEO stock sale: CEO Jamie Iannone sold 11,110 shares for approximately $1.21 million. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan, reducing concern that it reflects a new negative view of eBay’s prospects. SEC insider trading filing
Wall Street Analysts Forecast Growth
EBAY has been the topic of several research reports. Needham & Company LLC upped their target price on eBay from $122.00 to $135.00 and gave the stock a "buy" rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price target on eBay from $87.00 to $100.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Piper Sandler restated an "overweight" rating and issued a $133.00 price objective (up from $115.00) on shares of eBay in a report on Thursday. Wells Fargo & Company lowered shares of eBay from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $105.00 to $92.00 in a research report on Monday. Finally, President Capital increased their price target on shares of eBay from $102.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, June 25th. Fourteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, eBay currently has a consensus rating of "Hold" and an average price target of $116.69.
View Our Latest Research Report on EBAY
eBay Trading Up 1.7%
Shares of eBay stock opened at $111.98 on Friday. eBay Inc. has a 1 year low of $78.03 and a 1 year high of $119.31. The company's fifty day simple moving average is $111.12 and its 200-day simple moving average is $101.59. The company has a market cap of $49.72 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 2.42 and a beta of 1.37. The company has a current ratio of 1.02, a quick ratio of 1.22 and a debt-to-equity ratio of 1.10.
eBay (NASDAQ:EBAY - Get Free Report) last announced 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. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.02 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay's revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, sell-side analysts expect that eBay Inc. will post 4.89 EPS for the current year.
eBay Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, August 28th. eBay's dividend payout ratio (DPR) is presently 28.12%.
About eBay
(
Free Report)
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.
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