Uber Technologies (NYSE:UBER) Insider Jill Hazelbaker Sells 28,170 Shares

Uber Technologies, Inc. (NYSE:UBER) insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares in the company, valued at approximately $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Uber Technologies Stock Down 1.6%

Uber Technologies stock opened at $71.44 on Wednesday. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a 50 day moving average price of $73.90 and a 200 day moving average price of $73.62. The company has a market capitalization of $145.93 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 5.75 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same period in the prior year, the firm earned $0.60 earnings per share. The firm’s revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Research analysts expect that Uber Technologies, Inc. will post 3.45 earnings per share for the current year.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased approximately 141,000 shares for more than $10 million, signaling confidence in Uber’s long-term prospects. Insider Watch: 3 CEOs Buying Shares
• Positive Sentiment: Uber completed a €4.5 billion, multi-tranche euro debt offering, strengthening its liquidity and funding flexibility, although it also adds to the company’s debt obligations. Uber Completes Euro Debt Offering
• Positive Sentiment: Uber launched autonomous taxi service in London with Wayve, supporting its strategy of building an autonomous-vehicle network rather than relying solely on its traditional ride-hailing model. Uber and Wayve Launch Autonomous Taxis
• Positive Sentiment: OXEA selected Uber Freight to manage logistics across North America and Europe, providing another commercial opportunity for Uber’s freight operation. OXEA Selects Uber Freight
• Neutral Sentiment: Uber expanded into Kuwait, a move that could broaden its international footprint but will require investment and successful local execution. Uber Launches in Kuwait
• Negative Sentiment: Taxi companies are seeking to exit a proposed price-fixing class action involving Uber. The litigation creates potential legal costs, reputational risk and uncertainty around pricing practices. Taxi Companies Seek Exit From Price-Fixing Lawsuit
• Negative Sentiment: Uber announced roughly 3,300 corporate layoffs, with management suggesting productivity gains could help fund cheaper rides. Lower prices may stimulate demand, but investors may worry about weaker margins and the execution risk of restructuring. Uber Layoffs and Cheaper Rides
• Negative Sentiment: Waymo’s expansion in Las Vegas and planned autonomous operations in Tokyo highlight intensifying robotaxi competition, potentially challenging Uber’s future pricing power and market share. Waymo Expands Robotaxi Operations
• Negative Sentiment: President and COO Jill Hazelbaker sold 28,170 shares, reducing her position by 15.85%. While insider sales can be routine, the transaction may weigh on sentiment alongside broader concerns about valuation and competition. SEC Insider Sale Filing

Hedge Funds Weigh In On Uber Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies during the 4th quarter worth about $25,000. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at $25,000. Lloyd Advisory Services LLC. bought a new position in Uber Technologies during the fourth quarter valued at about $27,000. Gould Capital LLC boosted its stake in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after buying an additional 245 shares in the last quarter. Finally, Portus Wealth Advisors LLC acquired a new position in Uber Technologies during the first quarter worth about $25,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UBER. Susquehanna reduced their price target on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research report on Thursday, August 6th. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Thursday, September 3rd. DA Davidson cut their target price on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a report on Friday, May 29th. Finally, Roth Capital reduced their target price on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $103.03.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.