Nisa Investment Advisors LLC Sells 4,558 Shares of eBay Inc. $EBAY

Nisa Investment Advisors LLC cut its position in eBay Inc. (NASDAQ:EBAY) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 238,222 shares of the e-commerce company’s stock after selling 4,558 shares during the period. Nisa Investment Advisors LLC owned about 0.05% of eBay worth $25,263,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EBAY. Harfst & Associates Inc. increased its position in shares of eBay by 1.8% in the 3rd quarter. Harfst & Associates Inc. now owns 24,915 shares of the e-commerce company’s stock valued at $2,642,000 after buying an additional 435 shares in the last quarter. Diversify Advisory Services LLC raised its stake in eBay by 28.5% during the 3rd quarter. Diversify Advisory Services LLC now owns 3,965 shares of the e-commerce company’s stock worth $420,000 after buying an additional 880 shares during the period. CWA Asset Management Group LLC lifted its holdings in eBay by 8.0% during the third quarter. CWA Asset Management Group LLC now owns 62,087 shares of the e-commerce company’s stock worth $6,584,000 after acquiring an additional 4,604 shares in the last quarter. IFP Advisors Inc lifted its holdings in eBay by 19.1% during the third quarter. IFP Advisors Inc now owns 3,873 shares of the e-commerce company’s stock worth $411,000 after acquiring an additional 621 shares in the last quarter. Finally, USA Financial Formulas bought a new position in eBay during the third quarter worth about $470,000. 87.48% of the stock is owned by institutional investors.

Trending Headlines about 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?

Insider Activity

In other eBay news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $107.08, for a total value of $1,189,658.80. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the completion of the sale, the senior vice president owned 35,546 shares in the company, valued at approximately $3,604,008.94. This trade represents a 2.77% 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. Insiders sold a total of 34,344 shares of company stock worth $3,635,567 in the last three months. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

EBAY has been the subject of a number of research analyst reports. Arete Research decreased their target price on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, September 24th. Jefferies Financial Group dropped their price target on eBay from $80.00 to $75.00 and set an “underperform” rating on the stock in a research report on Monday, September 21st. Cantor Fitzgerald dropped their price target on eBay from $110.00 to $106.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Morgan Stanley lifted their price objective on eBay from $127.00 to $132.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Finally, Argus upgraded eBay from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $115.84.

eBay Stock Up 1.4%

Shares of EBAY stock opened at $122.90 on Thursday. eBay Inc. has a 12-month low of $78.03 and a 12-month high of $124.59. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The firm has a fifty day moving average of $108.44 and a 200-day moving average of $108.69. The company has a market capitalization of $54.69 billion, a price-to-earnings ratio of 25.35, a P/E/G ratio of 3.20 and a beta of 1.33.

eBay (NASDAQ:EBAY) last posted 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. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm’s revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, 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 announced 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%.

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.