Uber Technologies, Inc. $UBER Holdings Decreased by Andra AP fonden

Andra AP fonden lowered its stake in Uber Technologies, Inc. (NYSE:UBER) by 10.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 293,100 shares of the ride-sharing company’s stock after selling 35,900 shares during the quarter. Andra AP fonden’s holdings in Uber Technologies were worth $21,150,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Hazlett Burt & Watson Inc. raised its position in shares of Uber Technologies by 3.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock worth $395,000 after buying an additional 139 shares in the last quarter. Stonebrook Private Inc. increased its stake in shares of Uber Technologies by 6.1% during the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock valued at $203,000 after acquiring an additional 143 shares during the period. Avion Wealth raised its holdings in Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after purchasing an additional 145 shares in the last quarter. Capital Advisors Ltd. LLC raised its holdings in Uber Technologies by 15.8% during the first quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company’s stock worth $78,000 after purchasing an additional 147 shares in the last quarter. Finally, Ariadne Wealth Management LP lifted its position in Uber Technologies by 4.2% in the fourth quarter. Ariadne Wealth Management LP now owns 3,760 shares of the ride-sharing company’s stock worth $307,000 after purchasing an additional 150 shares during the period. Institutional investors own 80.24% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Uber’s proposed acquisition of Delivery Hero moved forward after Delivery Hero’s management and supervisory boards recommended that shareholders accept the offer. The deal could expand Uber’s delivery operations to 99 markets and strengthen its global logistics network. Why Is Uber Technologies Back In Focus After Its $15 Billion Deal Progress?
• Positive Sentiment: Uber Freight plans to expand its European fourth-party logistics business, supporting the company’s efforts to diversify beyond ride-hailing and food delivery. Uber Freight Plans To Expand Its European Fourth-Party Logistics Business
• Positive Sentiment: Erste Group slightly raised its fiscal 2027 EPS forecast for Uber Technologies (UBER) to $4.42 from $4.41, reinforcing the view that earnings growth remains intact. Uber has also been highlighted favorably versus Grab because of stronger bookings growth, a lower price-to-sales valuation, and broader global scale. UBER or GRAB: Which Ride-Hailing Stock Holds More Promise Now?
• Positive Sentiment: Bank of America maintained a Buy rating and $101 price target, forecasting that Uber will retain approximately 73% of the U.S. mobility market through 2028. Uber was also selected as a CNBC “Final Trade,” adding to favorable market commentary. Uber Faces Growing AV Competition but BofA Sees Limited Market Share Erosion
• Neutral Sentiment: Uber has filed for U.S. Federal Trade Commission review of its Delivery Hero stake acquisition. The review is a required regulatory step, but it introduces uncertainty around the timing and completion of the transaction. Uber Technologies Files for FTC Review of Delivery Hero Stake Acquisition
• Negative Sentiment: Autonomous-vehicle competition from Waymo, Tesla and Zoox remains the key risk for Uber. BofA expects Uber’s U.S. mobility share to decline from roughly 76% currently to 73% by 2028, although it views the erosion as limited. Uber Faces Growing AV Competition but BofA Sees Limited Market Share Erosion

Uber Technologies Trading Down 0.9%

Shares of Uber Technologies stock traded down $0.67 during trading on Tuesday, hitting $70.17. The stock had a trading volume of 9,386,878 shares, compared to its average volume of 19,262,244. The stock has a 50 day simple moving average of $73.63 and a 200 day simple moving average of $73.49. The company has a market capitalization of $143.33 billion, a PE ratio of 15.42, a P/E/G ratio of 5.74 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.29.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the prior year, the firm earned $0.60 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 3.35 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi purchased 141,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. This represents a 11.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Andrew Macdonald acquired 70,000 shares of Uber Technologies stock in a transaction that occurred on Friday, September 4th. The stock was acquired at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the purchase, the insider owned 426,320 shares in the company, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on UBER. Wolfe Research set a $100.00 price target on Uber Technologies in a research note on Friday, May 29th. Jefferies Financial Group upped their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a report on Monday, August 10th. Barclays reduced their price objective on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. BMO Capital Markets set a $119.00 target price on shares of Uber Technologies in a report on Thursday, September 3rd. Finally, Rosenblatt Securities began coverage on shares of Uber Technologies in a report on Tuesday, September 1st. They issued a “buy” rating and a $100.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $103.03.

Uber Technologies 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.