eBay Inc. $EBAY Stock Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its holdings in eBay Inc. (NASDAQ:EBAY) by 1.9% during the third quarter, Holdings Channel.com reports. The firm owned 238,222 shares of the e-commerce company’s stock after selling 4,558 shares during the quarter. Nisa Investment Advisors LLC’s holdings in eBay were worth $25,263,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EBAY. BlackRock Inc. acquired a new position in eBay during the second quarter worth $4,406,897,000. Legal & General Group Plc bought a new position in eBay in the second quarter valued at $506,653,000. Bank of America Corp DE bought a new position in eBay in the second quarter valued at $405,182,000. Bank of New York Mellon Corp bought a new position in eBay in the second quarter valued at $282,479,000. Finally, Nykredit A S acquired a new stake in eBay in the 2nd quarter valued at $256,983,000. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $107.08, for a total value of $1,189,658.80. Following the completion of the transaction, the chief executive officer owned 226,269 shares of the company’s stock, valued at $24,228,884.52. This trade represents a 4.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at 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 dated Tuesday, August 18th. The shares were 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 directly owned 35,546 shares in the company, valued at approximately $3,604,008.94. The trade was a 2.77% 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. Insiders have sold 34,344 shares of company stock worth $3,635,567 over the last ninety days. Insiders own 0.67% of the company’s stock.

eBay Trading Up 1.4%

Shares of eBay stock opened at $122.90 on Thursday. The stock has a market cap of $54.69 billion, a P/E ratio of 25.35, a P/E/G ratio of 3.20 and a beta of 1.33. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $124.59. The business’s 50 day moving average is $108.44 and its 200-day moving average is $108.69.

eBay (NASDAQ:EBAY) last released its quarterly earnings data 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 company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the firm posted $1.37 EPS. The firm’s revenue for the quarter 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 predict that eBay Inc. will post 4.89 earnings per share for the current fiscal year.

eBay Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Susquehanna reiterated a “neutral” rating on shares of eBay in a research note on Friday, August 7th. Citigroup increased their price objective on shares of eBay from $127.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Erste Group Bank initiated coverage on eBay in a report on Wednesday. They issued a “buy” rating for the company. Barclays raised their price objective on eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Finally, Wells Fargo & Company lowered their target price on eBay from $92.00 to $91.00 and set an “underweight” rating on the stock in a research report on Monday, October 12th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, eBay presently has an average rating of “Hold” and a consensus price target of $115.84.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay plans to eliminate approximately 1,000 positions, or 9% of its workforce, as part of a push to simplify operations and direct resources toward its “top strategic priorities.” Investors appear to view the move as a potential margin and turnaround catalyst. eBay to lay off 9% of workforce in its second round of job cuts this year
• Positive Sentiment: StoneX analyst Daniel Kurnos said eBay has exceeded expectations for five consecutive quarters and may deliver another earnings beat. The view supports the idea that cost reductions could strengthen an already improving financial performance. eBay’s Stock Rises. Its Latest Round of Layoffs Shows It’s Serious About a Turnaround
• Positive Sentiment: Erste Group Bank initiated coverage with a “buy” rating, adding fresh institutional support for eBay’s investment outlook.
• Neutral Sentiment: The cuts are eBay’s second workforce reduction this year, following roughly 800 job cuts in February. Management said it will continue hiring in areas aligned with its strategy, suggesting a reallocation of resources rather than a broad retreat from growth initiatives. eBay to lay off 9% of workforce in push to simplify operations
• Negative Sentiment: Investors will still look for evidence that the restructuring produces sustainable growth, as some analysts caution that eBay may not have the strongest combination of factors for an upcoming earnings beat. The layoffs could also generate short-term restructuring costs and execution risk. eBay Earnings Expected to Grow: Should You Buy?

eBay Profile

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.