Uber Technologies, Inc. $UBER Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,800 shares of the ride-sharing company’s stock after purchasing an additional 7,937 shares during the quarter. Vise Technologies Inc.’s holdings in Uber Technologies were worth $9,715,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Public Investment Fund bought a new stake in shares of Uber Technologies during the 2nd quarter worth about $5,256,173,439. Legal & General Group Plc acquired a new stake in shares of Uber Technologies in the 2nd quarter worth approximately $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Uber Technologies in the second quarter valued at approximately $752,151,000. Baird Financial Group Inc. boosted its holdings in shares of Uber Technologies by 64.4% in the second quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock valued at $656,609,000 after acquiring an additional 3,564,073 shares in the last quarter. Finally, Fundsmith LLP acquired a new position in shares of Uber Technologies during the second quarter valued at approximately $645,338,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, insider Jill Hazelbaker sold 28,170 shares of Uber Technologies stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the transaction, the insider directly owned 149,525 shares of the company’s stock, valued at $10,662,627.75. This trade represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Dara Khosrowshahi bought 141,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was purchased at an average cost of $70.96 per share, for a total transaction 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 $97,009,416. This represents a 11.50% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $65.16 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $133.09 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 6.24 and a beta of 1.33. The stock’s fifty day simple moving average is $71.21 and its 200 day simple moving average is $73.44. Uber Technologies, Inc. has a 52-week low of $64.04 and a 52-week high of $100.35.

Uber Technologies (NYSE:UBER – Get Free Report) last announced its 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 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 the consensus estimate of $14.24 billion. During the same period in the prior year, the business 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. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 3.20 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. BMO Capital Markets set a $119.00 target price on Uber Technologies in a report on Thursday, September 3rd. Jefferies Financial Group increased their price target on Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Arete Research cut Uber Technologies from a “buy” rating to a “neutral” rating and set a $74.00 price target on the stock. in a research report on Thursday, September 10th. Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. Finally, KeyCorp lowered their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Two equities research 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $102.97.

Check Out Our Latest Stock Analysis on UBER

Uber Technologies News Roundup

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

About Uber Technologies

(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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