Institutional Investors Send Mixed Signals on eBay Shares

eBay US2786421030

Shares of eBay are trading higher, currently up 1.67% at $83.85. As investors position themselves for an upcoming dividend distribution, recent regulatory filings reveal that major institutional players are making significant but opposing adjustments to their holdings.

Investor attention is currently fixed on the company's solid quarterly results and its forthcoming dividend. eBay reported revenue of $2.82 billion and earnings per share (EPS) of $1.36 for its latest quarter, surpassing market forecasts. Looking ahead, management has provided full-year 2025 EPS guidance in the range of $4.09 to $4.14.

The quarterly cash dividend of $0.29 per share is scheduled for payment on December 12.

Diverging Moves Among Major Holders

Recent SEC filings highlight a clear divergence in strategy among large investment firms. On one side, asset manager Amundi substantially reduced its stake during the second quarter of 2025, selling 906,143 shares. This transaction represents a decrease of 21.8% in its position.

Conversely, other institutions have been building their holdings. CW Advisors LLC increased its investment by 214.9%, bringing its total to 17,994 shares. Federated Hermes Inc. added a further 19,220 shares to its portfolio.

Operational Changes and Market Valuation

Beyond the financials, a recent operational policy shift is generating discussion. eBay has modified its payment procedures, granting the platform the ability to withhold seller funds for up to three days following delivery confirmation. This measure, applied retroactively from September 9 in Germany, targets merchants with service deficiencies or unusual selling activity.

The company's current market valuation is reflected in several key metrics:

• Market Capitalization: Approximately $37.90 billion
• P/E Ratio: 18.22
• Average Analyst Price Target: $94.69

The consensus price target of $94.69 suggests a potential upside of roughly 12% from the current trading level. In related activity, insider transactions show that CEO Jamie Iannone disposed of 7,221 shares in November. The stock continues to trade within its 52-week range, which spans from $58.71 to $101.15.