47,952 Shares in eBay Inc. $EBAY Bought by Maverick Capital Ltd.

Maverick Capital Ltd. bought a new position in shares of eBay Inc. (NASDAQ:EBAY) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 47,952 shares of the e-commerce company’s stock, valued at approximately $3,248,000.

A number of other hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. grew its holdings in eBay by 12.4% in the fourth quarter. Ameriprise Financial Inc. now owns 28,493,042 shares of the e-commerce company’s stock worth $1,765,148,000 after purchasing an additional 3,149,934 shares during the period. Independent Franchise Partners LLP grew its holdings in eBay by 4.6% in the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock worth $791,714,000 after purchasing an additional 510,629 shares during the period. Invesco Ltd. grew its holdings in eBay by 8.0% in the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock worth $571,736,000 after purchasing an additional 627,823 shares during the period. Northern Trust Corp grew its holdings in eBay by 4.4% in the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after purchasing an additional 300,216 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in eBay by 7.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,834,195 shares of the e-commerce company’s stock worth $361,428,000 after purchasing an additional 386,568 shares during the period. Institutional investors own 87.48% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jamie Iannone sold 10,974 shares of the company’s stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $75.75, for a total transaction of $831,280.50. Following the sale, the chief executive officer directly owned 306,651 shares in the company, valued at $23,228,813.25. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Cornelius Boone sold 2,985 shares of the company’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $78.67, for a total value of $234,829.95. Following the sale, the senior vice president owned 92,053 shares in the company, valued at approximately $7,241,809.51. This represents a 3.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 183,209 shares of company stock valued at $15,331,663. Corporate insiders own 0.64% of the company’s stock.

eBay Price Performance

EBAY opened at $90.61 on Monday. The firm has a market cap of $41.41 billion, a P/E ratio of 19.96, a PEG ratio of 2.19 and a beta of 1.32. The firm has a 50-day moving average of $85.35 and a 200 day moving average of $74.85. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the prior year, the business earned $1.18 earnings per share. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio is currently 25.55%.

Analyst Ratings Changes

A number of research analysts have weighed in on EBAY shares. Barclays reaffirmed an “overweight” rating and issued a $92.00 price objective (up from $77.00) on shares of eBay in a research note on Thursday, July 31st. Cowen reaffirmed a “hold” rating on shares of eBay in a research note on Tuesday, July 22nd. Argus reaffirmed a “hold” rating on shares of eBay in a research note on Thursday, August 14th. Arete raised shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 price objective on the stock in a research note on Thursday, August 7th. Finally, BMO Capital Markets raised shares of eBay from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $70.00 to $102.00 in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $78.89.

About eBay

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.