Glenmede Trust Co. NA lessened its stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,761 shares of the e-commerce company’s stock after selling 14,305 shares during the quarter. Glenmede Trust Co. NA’s holdings in eBay were worth $39,026,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the company. Summitry LLC acquired a new position in eBay during the 1st quarter worth approximately $246,000. BankChampaign National Association acquired a new stake in eBay in the first quarter valued at approximately $696,000. January Capital Advisors LLC acquired a new stake in eBay in the first quarter valued at approximately $368,000. Arete Wealth Advisors LLC bought a new stake in shares of eBay during the first quarter valued at approximately $1,053,000. Finally, Western Wealth Management LLC bought a new stake in shares of eBay during the first quarter valued at approximately $38,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about eBay
Here are the key news stories impacting eBay this week:
- Positive Sentiment: Depop acquisition expands eBay’s fashion-resale business. eBay completed its purchase of Depop from Etsy for approximately $1.4 billion in cash, including a $1.2 billion purchase price plus adjustments and interest. The deal gives eBay access to Depop’s younger, community-oriented customer base and strengthens its position in secondhand fashion, while traffic in Australia reportedly surged around the transaction. eBay completes Depop acquisition
- Positive Sentiment: Sports-card activity highlights a significant growth category. Reporting on eBay’s roughly $1.36 billion sports-card business points to record transaction levels and continued collector demand. The figures reinforce eBay’s role in collectibles and could support higher engagement, payments activity and marketplace revenue. eBay’s sports-card business
- Neutral Sentiment: Investors are looking ahead to second-quarter 2026 results. Analysts are evaluating expected revenue, earnings and marketplace metrics for the quarter ended June 2026. The focus will be on gross merchandise volume, active buyers, advertising and the early contribution from Depop. eBay’s latest reported quarter showed revenue growth and an earnings beat, raising the bar for the upcoming report. eBay Q2 earnings projections
- Negative Sentiment: eBay and former executives agreed to a settlement of about $55.7 million—with reports citing approximately $48.7 million in direct compensation—in a cyberstalking and harassment case involving a Massachusetts couple. The unusual conduct by former employees and executives creates reputational damage and highlights governance concerns, although the settlement removes the uncertainty of continued litigation. eBay cyberstalking case settlement
Analyst Ratings Changes
Read Our Latest Research Report on eBay
eBay Stock Performance
Shares of EBAY opened at $114.01 on Friday. The firm has a market capitalization of $50.62 billion, a P/E ratio of 25.85, a P/E/G ratio of 2.49 and a beta of 1.37. eBay Inc. has a 52 week low of $78.03 and a 52 week high of $119.31. The stock has a 50 day moving average price of $111.38 and a two-hundred day moving average price of $101.03. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.
eBay (NASDAQ:EBAY – Get Free Report) last posted its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter last year, the company earned $1.38 earnings per share. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. Equities analysts forecast that eBay Inc. will post 4.89 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the sale, the senior vice president owned 32,124 shares in the company, valued at approximately $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 stock in a transaction on Monday, July 6th. The shares were sold at an average price of $113.33, for a total value of $1,259,096.30. Following the completion of the sale, the chief executive officer directly owned 275,431 shares of the company’s stock, valued at $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 76,012 shares of company stock worth $8,747,852. 0.67% of the stock is owned by corporate insiders.
eBay Company Profile
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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