Uber Technologies, Inc. $UBER Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 182,404 shares of the ride-sharing company’s stock after acquiring an additional 8,392 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Uber Technologies were worth $12,496,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BIP Wealth LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at about $1,033,000. Pacer Advisors Inc. grew its holdings in Uber Technologies by 23.7% during the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock worth $370,641,000 after acquiring an additional 985,989 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Uber Technologies by 6.1% in the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock valued at $37,025,000 after buying an additional 29,587 shares during the last quarter. Weiss Asset Management LP increased its holdings in shares of Uber Technologies by 465.5% in the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock valued at $4,497,000 after acquiring an additional 51,465 shares during the last quarter. Finally, Evercore Wealth Management LLC lifted its position in shares of Uber Technologies by 6.3% in the 1st quarter. Evercore Wealth Management LLC now owns 1,156,032 shares of the ride-sharing company’s stock worth $83,153,000 after buying an additional 68,433 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $69.95 on Thursday. Uber Technologies, Inc. has a 1 year low of $64.04 and a 1 year high of $95.44. The firm has a market cap of $142.89 billion, a P/E ratio of 15.37, a PEG ratio of 6.37 and a beta of 1.33. The stock has a fifty day moving average price of $70.50 and a two-hundred day moving average price of $73.18. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.

Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.02. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The business had revenue of $14.77 billion during the quarter, compared to analyst estimates of $14.66 billion. During the same quarter in the prior year, the firm posted $3.11 earnings per share. The company’s revenue was up 9.6% on a year-over-year basis. Research analysts forecast that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on UBER shares. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Wednesday, September 30th. TD Cowen reiterated a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. Bank of America decreased their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. BTIG Research cut their price objective on shares of Uber Technologies from $100.00 to $90.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $102.86.

Check Out Our Latest Report on Uber Technologies

Key Stories Impacting Uber Technologies

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

  • Positive Sentiment: Third-quarter gross bookings rose 20% to about $59.8 billion, and adjusted EPS increased 35% to $0.88, slightly above estimates. Revenue of $14.77 billion also topped expectations. Uber Q3 results and headwinds
  • Positive Sentiment: Delivery strength and plans to expand Uber’s driverless fleet—targeting more than 2,000 vehicles by 2027—offer potential growth beyond core ride-hailing. Uber delivery and robotaxi plans
  • Neutral Sentiment: The 92% decline in GAAP net income to $512 million largely reflects unusual prior-year tax and investment benefits, plus a current-quarter investment loss; adjusted operating measures improved. Uber financial results
  • Negative Sentiment: Uber’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus. Management cited driver shortages, higher fuel costs and geopolitical pressures; added driver incentives could weigh on margins. Uber profit forecast and headwinds
  • Negative Sentiment: Mobility bookings and trips missed expectations amid supply constraints, and Waymo plans to end its exclusive Uber robotaxi partnership in Austin and Atlanta by January 2028, creating a longer-term competitive risk in those markets. Waymo partnership split

Insiders Place Their Bets

In other Uber Technologies news, insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction dated Friday, September 4th. The shares were bought at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the purchase, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Dara Khosrowshahi acquired 141,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the purchase, the chief executive officer directly owned 1,367,100 shares in the company, valued at approximately $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by company insiders.

Uber Technologies Company Profile

(Free Report)

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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