Insider Buying: Uber Technologies (NYSE:UBER) Insider Purchases 70,000 Shares

Uber Technologies, Inc. (NYSE:UBER) insider Andrew Macdonald purchased 70,000 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was bought 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 of the company’s stock, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Uber Technologies Stock Performance

Shares of UBER opened at $75.75 on Tuesday. The firm has a market capitalization of $154.72 billion, a P/E ratio of 16.65, a P/E/G ratio of 6.00 and a beta of 1.16. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The stock has a 50 day moving average price of $74.05 and a two-hundred day moving average price of $73.63. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same period last year, the firm earned $0.60 earnings per share. The firm’s 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. Equities analysts forecast that Uber Technologies, Inc. will post 3.45 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Uber Technologies

Large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its holdings in shares of Uber Technologies by 6,342.7% in the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock worth $14,395,651,000 after acquiring an additional 196,399,787 shares during the last quarter. Capital Research Global Investors raised its position in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. Public Investment Fund bought a new stake in Uber Technologies in the second quarter worth $5,256,173,439. Geode Capital Management LLC boosted its position in Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after buying an additional 1,602,596 shares during the period. Finally, Norges Bank purchased a new position in shares of Uber Technologies in the fourth quarter worth about $2,515,094,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber launched supervised autonomous rides in London with Wayve and Ford, reinforcing an asset-light strategy in which Uber provides the platform and customer demand while partners supply vehicle and autonomous-driving technology. Strong free cash flow and improving EBITDA margins support the investment case. Uber’s Wayve Deal Shows How It Wants to Win Without Building Cars
• Positive Sentiment: The Wayve partnership and broader autonomous-vehicle expansion could create a long-term growth avenue without requiring Uber to manufacture cars, while analysts maintain a moderately positive consensus. Uber and Wayve Launch UK’s First Supervised Robotaxi Rides
• Positive Sentiment: Uber is reportedly moving closer to acquiring Delivery Hero’s food-delivery assets. The deal could strengthen Uber’s delivery scale and complement strong bookings and autonomous-vehicle initiatives, though financing and integration remain important considerations. Is UBER Stock a Buy as It Closes in on Delivery Hero Buyout?

Analysts Set New Price Targets

UBER has been the topic of a number of research analyst reports. The Goldman Sachs Group set a $100.00 price target on shares of Uber Technologies in a report on Monday, June 29th. Roth Capital reduced their price objective on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Royal Bank Of Canada started coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating for the company. Mizuho set a $112.00 target price on shares of Uber Technologies in a research report on Thursday, August 6th. Finally, DA Davidson cut their price objective on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.49.

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.