Cibc World Market Inc. Raises Stock Position in eBay Inc. $EBAY

Cibc World Market Inc. boosted its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 30.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,774 shares of the e-commerce company’s stock after purchasing an additional 13,658 shares during the period. Cibc World Market Inc.’s holdings in eBay were worth $5,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC boosted its stake in shares of eBay by 433.9% in the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock worth $25,000 after buying an additional 269 shares during the last quarter. Financial Consulate Inc. acquired a new position in eBay in the third quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in eBay in the 3rd quarter worth approximately $28,000. Sumitomo Mitsui Financial Group Inc. grew its stake in shares of eBay by 155.3% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 411 shares of the e-commerce company’s stock worth $30,000 after purchasing an additional 250 shares during the period. Finally, Salomon & Ludwin LLC acquired a new stake in shares of eBay during the 3rd quarter worth approximately $32,000. 87.48% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Analyst/coverage piece highlights eBay’s growing advertising business and frames the company as moving beyond a legacy marketplace into a higher-margin ad platform — a key thesis likely supporting the rally. Should You Buy eBay Stock Before Feb. 18?
• Positive Sentiment: eBay launched a livestream shopping platform in Canada with auction integrations tied to fan conventions — expands live-commerce and auction monetization channels that can lift take-rates and ad inventory. eBay launches livestream shopping platform in Canada with auctions tied to fan conventions
• Positive Sentiment: Third‑party AI tool Prolisto Lite launches a free app to create eBay listings from photos — could reduce seller friction and increase listings/throughput over time. Prolisto Officially Launches Prolisto Lite, a Free AI-Powered Web App for Creating eBay Listings From Product Photos
• Positive Sentiment: High‑profile event listings and eBay Live promotions (NBA All‑Star, celebrity memorabilia like Bad Bunny’s costume) boost brand visibility and premium transaction flow. Vintage Cards, Sneakers, And A 15K Rolex: Here’s Everything You Can Get On eBay Live During NBA All-Star Weekend
• Neutral Sentiment: Local consumer-report resolution (viewer received owed funds after contacting 10 On Your Side) is a modest reputational positive but unlikely to move fundamentals materially. Viewer receives hundreds he was owed from eBay after contacting 10 On Your Side
• Neutral Sentiment: Reported short‑interest figures in the feed are effectively zero/blank and don’t provide a clear signal to explain price movement. (No link available.)
• Negative Sentiment: Coverage also warns that broader e‑commerce demand is softening — a macro headwind that could pressure revenue growth if ad and live-commerce gains don’t offset slower transaction volumes. Should You Buy eBay Stock Before Feb. 18?

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Daiwa Securities Group lowered their price target on shares of eBay from $99.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. The Goldman Sachs Group lowered their target price on shares of eBay from $78.00 to $77.00 and set a “sell” rating on the stock in a research note on Wednesday, January 14th. Citigroup restated a “market outperform” rating on shares of eBay in a research note on Thursday, October 30th. Truist Financial increased their price target on eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Finally, Stifel Nicolaus cut their price objective on eBay from $89.00 to $88.00 in a research report on Thursday, October 30th. Fourteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $95.66.

eBay Stock Up 3.7%

Shares of EBAY opened at $82.38 on Friday. The stock has a 50 day moving average price of $88.35 and a 200 day moving average price of $89.48. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market capitalization of $37.24 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 1.92 and a beta of 1.38.

Insider Buying and Selling

In related news, SVP Cornelius Boone sold 4,462 shares of eBay stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the transaction, the senior vice president owned 91,921 shares in the company, valued at approximately $7,715,848.74. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total value of $157,248.00. Following the completion of the sale, the senior vice president directly owned 5,746 shares of the company’s stock, valued at $470,597.40. This trade represents a 25.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,590 shares of company stock valued at $4,000,814 over the last ninety days. 0.64% of the stock is currently owned by company insiders.

About eBay

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.