Uber Technologies, Inc. $UBER Shares Sold by Perpetual Ltd

Perpetual Ltd lessened its stake in Uber Technologies, Inc. (NYSE:UBER) by 40.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 405,440 shares of the ride-sharing company’s stock after selling 276,651 shares during the period. Perpetual Ltd’s holdings in Uber Technologies were worth $39,721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in UBER. Kilter Group LLC purchased a new stake in shares of Uber Technologies during the second quarter worth about $26,000. West Oak Capital LLC acquired a new stake in shares of Uber Technologies in the second quarter valued at approximately $28,000. Truvestments Capital LLC boosted its stake in Uber Technologies by 498.5% during the first quarter. Truvestments Capital LLC now owns 407 shares of the ride-sharing company’s stock worth $30,000 after buying an additional 339 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in Uber Technologies in the 2nd quarter valued at $30,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Uber Technologies in the 1st quarter worth $31,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Price Performance

Shares of UBER opened at $79.32 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15. Uber Technologies, Inc. has a fifty-two week low of $59.75 and a fifty-two week high of $101.99. The firm has a 50-day simple moving average of $90.06 and a 200-day simple moving average of $91.56. The company has a market capitalization of $164.81 billion, a price-to-earnings ratio of 10.20 and a beta of 1.19.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm posted $1.20 EPS. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Buying and Selling at Uber Technologies

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Tony West sold 100,000 shares of Uber Technologies stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $100.38, for a total value of $10,038,000.00. Following the completion of the sale, the insider owned 171,558 shares of the company’s stock, valued at $17,220,992.04. This trade represents a 36.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 264,875 shares of company stock worth $26,458,818. Corporate insiders own 3.84% of the company’s stock.

More Uber Technologies News

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

• Positive Sentiment: Uber expanded its AV footprint by rolling out robotaxi rides in Dubai with partner WeRide, increasing early commercial exposure for Mobility and potentially accelerating future revenue mix diversification. AV Expansion in UAE
• Positive Sentiment: Bernstein/other sell‑side commentary argues investors have over‑discounted AV risks; at least one analyst raised Uber’s price target, framing the stock as an attractive entry if robotaxi fears ease — supportive for valuation. Analyst Note / MarketWatch
• Neutral Sentiment: Comparative coverage highlights that Serve Robotics (SERV) and Uber represent different autonomous delivery plays — useful context for investors but not an immediate stock mover for UBER. SERV vs UBER
• Neutral Sentiment: Institutional ownership remains high and several large funds recently adjusted positions — a reminder that blocks and index/ETF flows can affect volatility but don’t change fundamentals immediately. Institutional Holdings
• Negative Sentiment: Multiple states, counties and attorneys general have joined or filed suits alleging deceptive subscription/billing practices; growing litigation and potential remediation costs raise regulatory/legal risk and near‑term headline volatility. AG Nessel Lawsuit
• Negative Sentiment: Uber’s head of safety is departing amid an executive shakeup, which could concern investors focused on governance and operational continuity. Safety Chief Departure
• Negative Sentiment: Insider selling: General Counsel Tony West sold 3,125 shares on Dec. 18 — isolated insider sales aren’t uncommon but can add to negative sentiment when combined with other headwinds. Tony West Insider Sale
• Negative Sentiment: Technical analysts flagged a break of support, prompting “meltdown” headlines; technical weakness can amplify selling flows from momentum and quant funds. Technical Weakness

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Wells Fargo & Company lowered their price objective on Uber Technologies from $125.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Thursday. Arete Research set a $125.00 target price on Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Morgan Stanley cut their target price on shares of Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Finally, Wedbush lowered their target price on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating for the company in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $108.43.

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.