Verdence Capital Advisors LLC Sells 6,198 Shares of eBay Inc. $EBAY

Verdence Capital Advisors LLC decreased its stake in eBay Inc. (NASDAQ:EBAY) by 39.3% in the third quarter, Holdings Channel reports. The institutional investor owned 9,559 shares of the e-commerce company’s stock after selling 6,198 shares during the quarter. Verdence Capital Advisors LLC’s holdings in eBay were worth $1,014,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in EBAY. Sunesis Advisors LLC acquired a new stake in shares of eBay in the third quarter worth about $214,000. Lakewood Asset Management LLC boosted its stake in shares of eBay by 6.8% during the 3rd quarter. Lakewood Asset Management LLC now owns 50,875 shares of the e-commerce company’s stock worth $5,395,000 after acquiring an additional 3,235 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in shares of eBay by 9.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 9,979 shares of the e-commerce company’s stock valued at $1,058,000 after acquiring an additional 865 shares during the last quarter. Sigma Planning Corp increased its holdings in shares of eBay by 37.7% during the 3rd quarter. Sigma Planning Corp now owns 17,761 shares of the e-commerce company’s stock valued at $1,883,000 after acquiring an additional 4,862 shares during the last quarter. Finally, BG Investment Services LLC acquired a new position in shares of eBay during the 3rd quarter valued at about $1,817,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at eBay

In other news, 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 transaction of $102,809.46. Following the transaction, the senior vice president directly owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the sale, the chief executive officer owned 226,269 shares of the company’s stock, valued at approximately $24,228,884.52. This represents a 4.68% decrease in their position. 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 Stock Up 0.2%

NASDAQ:EBAY opened at $118.02 on Thursday. The stock’s fifty day moving average price is $110.11 and its two-hundred day moving average price is $103.57. eBay Inc. has a 52-week low of $78.03 and a 52-week high of $124.59. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $52.52 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 3.04 and a beta of 1.33.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, October 28th. The e-commerce company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%. The company had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the business posted $1.36 EPS. eBay’s revenue was up 13.7% on a year-over-year basis. On average, analysts anticipate that eBay Inc. will post 4.90 EPS for the current year.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Q3 results exceeded expectations. eBay reported revenue of approximately $3.2 billion, up 14% year over year, while gross merchandise volume rose 15% to $23.2 billion. Non-GAAP earnings were $1.51 per share, above analysts’ estimates near $1.41-$1.43 and up from $1.36 a year earlier. eBay Inc. Reports Third Quarter 2026 Results
• Positive Sentiment: Management projected continued growth. eBay reportedly provided better-than-expected fourth-quarter guidance and forecast double-digit merchandise-volume growth, supporting the view that its recent operating momentum can continue. Why eBay Stock Is Trading Higher Wednesday
• Positive Sentiment: Key categories are performing well. CEO Jamie Iannone cited broad-based momentum, with collectibles remaining the company’s largest growth driver and live shopping contributing to sales strength. eBay Sales Rise on Strength in Collectibles, Live Shopping
• Positive Sentiment: Capital returns added support. eBay returned $827 million to shareholders during the quarter through $689 million in share repurchases and $138 million in dividends. eBay Third Quarter Results
• Neutral Sentiment: UBS raised its price target to $131 from $120 but retained a Neutral rating, suggesting improved fundamentals are largely balanced by valuation or execution concerns. UBS Adjusts Price Target on eBay
• Neutral Sentiment: Reports about a $60 million AI supercomputer listed on eBay are attention-grabbing but appear to be an isolated marketplace listing with no meaningful impact on eBay’s financial outlook. AI Supercomputer Listed on eBay

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $133.00 price target (up from $115.00) on shares of eBay in a research report on Thursday, August 6th. Jefferies Financial Group cut their price objective on eBay from $80.00 to $75.00 and set an “underperform” rating for the company in a research report on Monday, September 21st. Argus upgraded eBay from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research note on Friday, August 7th. Truist Financial upped their price target on eBay from $105.00 to $115.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Finally, Arete Research reduced their price objective on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, September 24th. 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 MarketBeat.com, eBay currently has an average rating of “Hold” and an average price target of $116.19.

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.