eBay Shares Sold by Assenagon Asset Management

Institutional investor cuts stake in e-commerce giant by over 89%

Mar. 29, 2026 at 7:20am

Got story updates? Submit your updates here. ›

Assenagon Asset Management S.A. significantly reduced its holdings in eBay Inc. (NASDAQ:EBAY) during the fourth quarter, selling off over 460,000 shares and retaining just 55,460 shares worth $4.8 million, according to a recent SEC filing.

Why it matters

The sale by Assenagon, a major institutional investor, represents a substantial reduction in its eBay position and could signal broader market sentiment around the e-commerce company's performance and outlook.

The details

Assenagon Asset Management S.A. cut its stake in eBay by 89.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm previously owned 515,979 shares of the e-commerce company's stock but sold 460,519 shares during the quarter, leaving it with a remaining position of 55,460 shares valued at $4.8 million.

  • Assenagon made the share sale in the fourth quarter of 2026.

The players

Assenagon Asset Management S.A.

A major institutional investor that significantly reduced its holdings in eBay Inc. during the fourth quarter of 2026.

eBay Inc.

The e-commerce company whose shares were sold by Assenagon Asset Management.

Got photos? Submit your photos here. ›

The takeaway

Assenagon's large reduction in its eBay position could signal broader market concerns about the e-commerce company's performance and outlook, though the specific reasons behind the sale are not clear from the filing. Investors will be watching to see if other major institutional holders make similar moves in the coming quarters.