Wealth Science Advisors LLC decreased its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 71.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,416 shares of the ride-sharing company’s stock after selling 15,892 shares during the period. Wealth Science Advisors LLC’s holdings in Uber Technologies were worth $440,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Avion Wealth boosted its stake in shares of Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock valued at $70,000 after acquiring an additional 145 shares during the last quarter. Capital Advisors Ltd. LLC raised its stake in Uber Technologies by 15.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company’s stock valued at $78,000 after purchasing an additional 147 shares during the last quarter. Ariadne Wealth Management LP lifted its holdings in Uber Technologies by 4.2% in the 4th quarter. Ariadne Wealth Management LP now owns 3,760 shares of the ride-sharing company’s stock valued at $307,000 after purchasing an additional 150 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in Uber Technologies by 5.9% in the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,700 shares of the ride-sharing company’s stock valued at $194,000 after purchasing an additional 150 shares in the last quarter. Finally, Frazier Financial Advisors LLC boosted its stake in shares of Uber Technologies by 8.5% during the 1st quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company’s stock worth $140,000 after purchasing an additional 152 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Price Performance
Uber Technologies stock opened at $71.47 on Friday. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $100.35. The firm has a 50 day moving average price of $73.17 and a 200 day moving average price of $72.94. The company has a market cap of $145.98 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 5.72 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.
Insider Transactions at Uber Technologies
In other news, CEO Dara Khosrowshahi bought 141,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were acquired at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the transaction, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This represents a 11.50% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Andrew Macdonald bought 70,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was purchased at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider directly owned 426,320 shares in the company, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on UBER shares. Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a report on Thursday, August 13th. Mizuho set a $112.00 target price on shares of Uber Technologies in a research report on Thursday, August 6th. Arete Research set a $74.00 price target on Uber Technologies and gave the company a “neutral” rating in a report on Thursday, September 10th. Scotiabank assumed coverage on Uber Technologies in a research note on Wednesday, September 9th. They set a “sector outperform” rating and a $100.00 price target on the stock. Finally, Susquehanna decreased their price objective on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.11.
View Our Latest Stock Report on Uber Technologies
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber agreed to acquire ezCater, a profitable corporate-catering marketplace, for approximately $2.3 billion in cash. The deal could strengthen Uber for Business, add higher-value orders—ezCater’s average order reportedly exceeds $400—and diversify revenue beyond consumer rides and restaurant meals. Deal Dispatch: Uber Buys ezCater For $2.3B
- Positive Sentiment: Analysts and financial commentators described the ezCater purchase as a potentially smart margin and growth move, while Uber’s CFO argued that acquisitions can accelerate expansion more effectively than building new businesses internally. Uber’s ezCater Acquisition Looks Like a Smart Move
- Positive Sentiment: Uber Eats expanded its marketplace through a partnership with Sur La Table, adding cookware, appliances, kitchen tools and other products for on-demand and scheduled delivery. The move supports Uber’s broader strategy of becoming a multipurpose local-commerce platform. Sur La Table Arrives on Uber Eats
- Positive Sentiment: Uber and Pony.ai plan to begin testing Gen-7 autonomous vehicles in London, advancing Uber’s partnership-led robotaxi strategy and its goal of expanding autonomous ride-hailing into multiple global cities. Uber and Pony.ai Plan London Robotaxis
- Neutral Sentiment: Citizens JMP reaffirmed an “Market Outperform” rating. Uber’s trailing operating margin reached 12.1%, its strongest level in five years, but investors are evaluating whether the improvement can persist.
- Negative Sentiment: The ezCater transaction requires a substantial cash outlay and has prompted scrutiny of Uber’s acquisition strategy. Commentary also noted that strong operational growth has been offset by softer guidance, while the company’s year-to-date performance remains under pressure.
Uber Technologies Company Profile
Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.
Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.
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