Uber Technologies, Inc. $UBER Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Increases Holdings

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 6.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 276,650 shares of the ride-sharing company’s stock after acquiring an additional 16,000 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Uber Technologies were worth $18,953,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Dunhill Financial LLC acquired a new position in shares of Uber Technologies in the 2nd quarter worth $28,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Uber Technologies during the second quarter valued at $29,000. William Mack & Associates Inc. purchased a new stake in shares of Uber Technologies during the third quarter valued at $28,000. Elevation Wealth Partners LLC lifted its holdings in shares of Uber Technologies by 209.8% during the second quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 277 shares during the last quarter. Finally, Balance Wealth Partners LLC purchased a new stake in shares of Uber Technologies during the third quarter valued at $29,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Price Performance

UBER opened at $65.16 on Friday. The stock has a fifty day moving average of $71.21 and a 200-day moving average of $73.44. The firm has a market capitalization of $133.09 billion, a P/E ratio of 14.32, a PEG ratio of 6.24 and a beta of 1.27. Uber Technologies, Inc. has a 12-month low of $64.04 and a 12-month high of $100.35. 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 (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter last year, the firm posted $0.60 earnings per share. Uber Technologies’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. Equities analysts forecast that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.

Insider Buying and Selling

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

More Uber Technologies News

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Analyst Upgrades and Downgrades

A number of research firms recently weighed in on UBER. 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 report on Tuesday, July 28th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Wednesday, October 7th. KeyCorp reduced their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Wednesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $102.97.

Read Our Latest Stock Analysis on UBER

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.

Read More

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

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