The Manufacturers Life Insurance Company lowered its stake in shares of eBay Inc. (NASDAQ:EBAY – Free Report) by 76.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 356,703 shares of the e-commerce company’s stock after selling 1,166,556 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in eBay were worth $32,461,000 as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. Quantinno Capital Management LP grew its stake in shares of eBay by 129.1% in the first quarter. Quantinno Capital Management LP now owns 894,945 shares of the e-commerce company’s stock worth $81,458,000 after acquiring an additional 504,317 shares during the period. Lazard Asset Management LLC lifted its position in eBay by 2.3% during the first quarter. Lazard Asset Management LLC now owns 166,053 shares of the e-commerce company’s stock valued at $15,114,000 after purchasing an additional 3,805 shares during the period. Family Manage LLC lifted its position in eBay by 18.2% during the first quarter. Family Manage LLC now owns 4,418 shares of the e-commerce company’s stock valued at $402,000 after purchasing an additional 681 shares during the period. Gateway Wealth Partners LLC purchased a new stake in eBay in the first quarter worth approximately $447,000. Finally, OMERS ADMINISTRATION Corp boosted its holdings in eBay by 38.2% in the first quarter. OMERS ADMINISTRATION Corp now owns 25,459 shares of the e-commerce company’s stock worth $2,317,000 after purchasing an additional 7,040 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company’s stock.
Key Headlines Impacting 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
eBay Stock Performance
eBay (NASDAQ:EBAY – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. The business had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The company’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the firm earned $1.38 earnings per share. On average, research analysts anticipate that eBay Inc. will post 4.89 earnings per share for the current year.
Insider Activity
In related news, SVP Mazen Rawashdeh sold 1,919 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents a 5.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 eBay 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 transaction, the chief executive officer owned 275,431 shares in the company, valued at $31,214,595.23. This trade represents 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. Insiders sold a total of 76,012 shares of company stock valued at $8,747,852 in the last 90 days. Company insiders own 0.67% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on EBAY shares. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a research note on Friday, June 12th. Truist Financial increased their price target on eBay from $94.00 to $105.00 and gave the company a “hold” rating in a report on Monday, May 4th. The Goldman Sachs Group raised their price target on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Cantor Fitzgerald lifted their price objective on eBay from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, TD Cowen upped their price objective on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Fourteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, eBay presently has a consensus rating of “Hold” and an average price target of $110.52.
Read Our Latest Analysis on eBay
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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