Lbp Am Sa Increases Stock Position in Uber Technologies, Inc. $UBER

Lbp Am Sa grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,073,388 shares of the ride-sharing company’s stock after buying an additional 6,390 shares during the period. Uber Technologies makes up about 1.3% of Lbp Am Sa’s holdings, making the stock its 15th biggest holding. Lbp Am Sa owned 0.05% of Uber Technologies worth $105,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Brant Point Investment Management LLC purchased a new position in shares of Uber Technologies in the second quarter valued at about $933,000. Econ Financial Services Corp bought a new stake in shares of Uber Technologies in the third quarter worth about $1,538,000. Spirepoint Private Client LLC increased its holdings in Uber Technologies by 21.9% during the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after purchasing an additional 13,454 shares during the period. Munro Partners purchased a new position in Uber Technologies during the 2nd quarter valued at about $96,294,000. Finally, Prudential PLC grew its position in shares of Uber Technologies by 15.7% in the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after buying an additional 29,359 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Insiders Place Their Bets

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction on Wednesday, November 12th. The shares were 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 directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 14,875 shares of company stock valued at $1,319,130. 3.70% of the stock is currently owned by insiders.

Uber Technologies Stock Down 0.4%

Uber Technologies stock opened at $82.26 on Monday. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. The stock has a fifty day moving average of $84.65 and a 200 day moving average of $90.66. The stock has a market cap of $170.93 billion, a PE ratio of 10.57 and a beta of 1.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15.

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

Uber Technologies News Roundup

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

• Positive Sentiment: Wall Street support: several firms reiterate/raise buy ratings and high price targets (Guggenheim, Truist, TD Cowen), which underpins upside expectations for UBER. Guggenheim buy rating
• Positive Sentiment: Institutional conviction: Pershing Square and other large holders keep sizable positions in Uber, signaling continued institutional confidence and potential support for the shares. Ackman holds Uber
• Positive Sentiment: Commercial wins: Guzman y Gomez signed an exclusive Uber Eats delivery deal in Australia and Kroger’s nationwide rollout onto Uber apps highlights continued demand for Uber’s delivery platform. Guzman y Gomez Uber Eats deal
• Positive Sentiment: Robotaxi narrative support: bullish investors/strategists (e.g., ARK; Ross Gerber comments) continue to include Uber in the long-term autonomous-vehicle opportunity, supporting the growth story for patient investors. Ross Gerber on robotaxis
• Neutral Sentiment: Analyst/strategy pieces from Zacks and Seeking Alpha argue for long-term upside and momentum, providing frameworks for buy‑the‑dip cases but noting valuation tradeoffs. Seeking Alpha long-term upside
• Neutral Sentiment: Company messaging: CEO commentary urging investors to separate substantive AI winners from hype may help set investor expectations around which AI initiatives will move the needle. CEO on AI focus
• Negative Sentiment: Autonomy competition risk: Wedbush and other commentators flag accelerating rollouts by Waymo and Tesla as long‑term threats to traditional ride‑hailing economics; this is pressuring multiples as investors model AV outcomes. Wedbush on AV risk
• Negative Sentiment: New low-cost rivals/tele‑operated models: startups claiming much lower per‑ride costs could compress margins if they scale in key markets. Rental startup threat
• Negative Sentiment: Legal and governance headlines: a novel lawsuit over a women’s safety feature and recent insider selling (Tony West) add headline risk and may sap short‑term sentiment. Lawsuit over safety feature Insider sale SEC filing

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on UBER shares. Guggenheim restated a “buy” rating and set a $135.00 target price on shares of Uber Technologies in a report on Thursday. Melius Research set a $73.00 target price on shares of Uber Technologies in a research report on Monday, January 5th. Wells Fargo & Company boosted their price target on shares of Uber Technologies from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, January 8th. Cantor Fitzgerald lowered their price objective on shares of Uber Technologies from $108.00 to $99.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Finally, Royal Bank Of Canada set a $110.00 target price on Uber Technologies in a report on Wednesday, November 5th. Four analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.97.

Uber Technologies Company 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.