Maverick Capital Ltd. Invests $3.25 Million in eBay Inc. $EBAY

Key Points

• Maverick Capital Ltd. acquired 47,952 shares of eBay Inc., valued at approximately $3.25 million, in the first quarter.
• Institutional investors now own 87.48% of eBay's stock, with several hedge funds recently increasing their stakes.
• eBay announced a quarterly dividend of $0.29 per share, representing an annualized yield of 1.3% and set guidance for Q3 2025 at 1.290-1.340 EPS.

Maverick Capital Ltd. bought a new stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 47,952 shares of the e-commerce company's stock, valued at approximately $3,248,000.

Several other large investors have also bought and sold shares of EBAY. Ameriprise Financial Inc. boosted its position in shares of eBay by 12.4% in the 4th quarter. Ameriprise Financial Inc. now owns 28,493,042 shares of the e-commerce company's stock valued at $1,765,148,000 after purchasing an additional 3,149,934 shares during the period. Independent Franchise Partners LLP lifted its stake in eBay by 4.6% in the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after acquiring an additional 510,629 shares in the last quarter. Invesco Ltd. lifted its stake in eBay by 8.0% in the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock worth $571,736,000 after acquiring an additional 627,823 shares in the last quarter. Northern Trust Corp lifted its stake in eBay by 4.4% in the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after acquiring an additional 300,216 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in eBay by 7.1% in the 4th 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 acquiring an additional 386,568 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

Insider Buying and Selling at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the business's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the completion of the sale, the senior vice president owned 44,413 shares in the company, valued at $3,436,677.94. The trade was a 34.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jamie Iannone sold 12,644 shares of the business's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total value of $961,196.88. Following the sale, the chief executive officer owned 317,625 shares of the company's stock, valued at approximately $24,145,852.50. The trade was a 3.83% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 180,224 shares of company stock worth $15,096,833. 0.64% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EBAY shares. Cantor Fitzgerald increased their price objective on eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Daiwa Capital Markets raised eBay from a "neutral" rating to a "buy" rating and set a $70.00 price objective for the company in a research note on Monday, May 12th. Robert W. Baird increased their price objective on eBay from $75.00 to $80.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Cfra Research raised eBay to a "moderate buy" rating in a research note on Thursday, June 5th. Finally, Wedbush reaffirmed a "neutral" rating and set a $72.00 price target on shares of eBay in a research note on Wednesday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $78.89.

eBay Stock Performance

Shares of EBAY stock traded down $0.37 during trading on Friday, reaching $92.66. The company had a trading volume of 5,656,404 shares, compared to its average volume of 5,654,809. The firm's 50 day simple moving average is $87.01 and its two-hundred day simple moving average is $75.52. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The company has a market capitalization of $42.35 billion, a PE ratio of 20.41, a PEG ratio of 2.25 and a beta of 1.32.

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

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a $0.29 dividend. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay's payout ratio is presently 25.55%.

eBay Company Profile

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.