Generate Investment Management Ltd Sells 107,936 Shares of Uber Technologies, Inc. $UBER

Generate Investment Management Ltd lowered its position in Uber Technologies, Inc. (NYSE:UBER) by 49.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 111,386 shares of the ride-sharing company’s stock after selling 107,936 shares during the period. Generate Investment Management Ltd’s holdings in Uber Technologies were worth $10,912,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UBER. Kilter Group LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at about $26,000. Westend Capital Management LLC bought a new position in Uber Technologies in the third quarter worth approximately $27,000. West Oak Capital LLC purchased a new position in shares of Uber Technologies during the 2nd quarter worth $28,000. Trust Co. of Toledo NA OH bought a new stake in shares of Uber Technologies during the 2nd quarter valued at $30,000. Finally, Ransom Advisory Ltd purchased a new stake in shares of Uber Technologies in the 1st quarter worth $31,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Wall Street commentary and bullish takes highlight upside from Uber’s growing AV footprint and unit economics — several analysts point to 12‑month price targets implying meaningful upside after the company announced AV expansion in the UAE. Here’s What Wall Street Thinks about Uber Technologies’ AV Expansion in UAE
• Positive Sentiment: Operational partnership momentum: Uber’s teaming with Lyft and Baidu on driverless taxi trials in the U.K. (and related robotaxi collaborations) enhances long‑term growth optionality and potential margin lift if AV commercialization scales. Tesla’s Underpriced Chinese Rival Baidu In Focus As Uber, Lyft Team Up With Its Robotaxi Firm In UK
• Positive Sentiment: Investor writeups (Seeking Alpha, The Motley Fool) emphasize that Uber’s transformation, improving free cash flow and record trip volumes support a bullish thesis—these narratives help sustain buying interest after recent earnings beats. Uber: The Transformation Is Far From Over
• Neutral Sentiment: UBER is a trending stock across platforms (Zacks/Benzinga coverage); heightened retail and analyst attention can amplify moves in either direction but does not by itself change fundamentals. UBER Is a Trending Stock
• Negative Sentiment: Berger Montague PC has opened an investigation into Uber’s board for possible fiduciary breaches tied to rider safety and background‑check oversight — a shareholder probe can lead to reputational damage, litigation costs, and governance scrutiny that pressure the stock. Berger Montague PC Investigates Uber Technologies, Inc.’s Board
• Negative Sentiment: Separately, attorneys have objected to Uber’s request to postpone a California bellwether trial — contested timing and public litigation disputes increase near‑term legal uncertainty and could affect liability exposure or settlement dynamics. Attorneys Object to Uber’s Request to Postpone California Bellwether Trial

Insider Transactions at Uber Technologies

In other news, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $80.36, for a total transaction of $251,125.00. Following the sale, the insider directly owned 175,423 shares in the company, valued at approximately $14,096,992.28. This represents a 1.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the transaction, the chief financial officer owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 14,875 shares of company stock worth $1,348,818. Insiders own 3.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on UBER shares. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Tuesday, October 28th. DA Davidson increased their target price on shares of Uber Technologies from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. BMO Capital Markets lowered their price target on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Susquehanna reissued a “positive” rating and issued a $110.00 price objective on shares of Uber Technologies in a research note on Wednesday, November 5th. Finally, TD Cowen upped their target price on shares of Uber Technologies from $108.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $108.43.

Uber Technologies Stock Performance

NYSE:UBER opened at $82.11 on Wednesday. The company has a market cap of $170.61 billion, a price-to-earnings ratio of 10.55 and a beta of 1.19. Uber Technologies, Inc. has a 1 year low of $60.17 and a 1 year high of $101.99. The stock’s 50 day simple moving average is $88.36 and its two-hundred day simple moving average is $91.47. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last posted its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The firm had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. During the same period last year, the firm posted $1.20 earnings per share. Uber Technologies’s revenue for the quarter was up 20.4% compared to the same quarter last year. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.