Mn Services Vermogensbeheer B.V. Grows Holdings in Uber Technologies, Inc. $UBER

Mn Services Vermogensbeheer B.V. grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 1.7% in the third quarter, Holdings Channel reports. The firm owned 715,700 shares of the ride-sharing company’s stock after acquiring an additional 12,100 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Uber Technologies were worth $70,117,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Orion Capital Management LLC boosted its position in Uber Technologies by 27.3% in the 3rd quarter. Orion Capital Management LLC now owns 11,336 shares of the ride-sharing company’s stock valued at $1,111,000 after buying an additional 2,433 shares during the period. Baker Avenue Asset Management LP increased its position in shares of Uber Technologies by 2.7% during the third quarter. Baker Avenue Asset Management LP now owns 246,319 shares of the ride-sharing company’s stock worth $24,132,000 after acquiring an additional 6,520 shares during the period. UniSuper Management Pty Ltd raised its stake in shares of Uber Technologies by 3.9% during the third quarter. UniSuper Management Pty Ltd now owns 741,995 shares of the ride-sharing company’s stock valued at $72,693,000 after acquiring an additional 27,592 shares in the last quarter. Drive Wealth Management LLC boosted its holdings in shares of Uber Technologies by 5.0% in the third quarter. Drive Wealth Management LLC now owns 5,235 shares of the ride-sharing company’s stock valued at $513,000 after purchasing an additional 249 shares during the period. Finally, Emergent Wealth Advisors LLC boosted its holdings in shares of Uber Technologies by 0.7% in the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock valued at $1,701,000 after purchasing an additional 114 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on UBER shares. Citigroup restated a “market perform” rating on shares of Uber Technologies in a report on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $108.00 price target on shares of Uber Technologies in a research note on Wednesday, October 29th. DA Davidson lifted their price objective on Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Truist Financial increased their target price on shares of Uber Technologies from $96.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Stifel Nicolaus set a $122.00 target price on shares of Uber Technologies in a research report on Tuesday, November 4th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $107.97.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $82.26 on Friday. The company has a market capitalization of $170.93 billion, a PE ratio of 10.57 and a beta of 1.20. The company has a 50-day simple moving average of $84.65 and a two-hundred day simple moving average of $90.75. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. 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 (NYSE:UBER) last issued its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. Research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Uber Technologies News Roundup

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

• Positive Sentiment: Wall Street support: several firms reiterate/raise buy ratings and high price targets (Guggenheim, Truist, TD Cowen), which underpins upside expectations for UBER. Guggenheim buy rating
• Positive Sentiment: Institutional conviction: Pershing Square and other large holders keep sizable positions in Uber, signaling continued institutional confidence and potential support for the shares. Ackman holds Uber
• Positive Sentiment: Commercial wins: Guzman y Gomez signed an exclusive Uber Eats delivery deal in Australia and Kroger’s nationwide rollout onto Uber apps highlights continued demand for Uber’s delivery platform. Guzman y Gomez Uber Eats deal
• Positive Sentiment: Robotaxi narrative support: bullish investors/strategists (e.g., ARK; Ross Gerber comments) continue to include Uber in the long-term autonomous-vehicle opportunity, supporting the growth story for patient investors. Ross Gerber on robotaxis
• Neutral Sentiment: Analyst/strategy pieces from Zacks and Seeking Alpha argue for long-term upside and momentum, providing frameworks for buy‑the‑dip cases but noting valuation tradeoffs. Seeking Alpha long-term upside
• Neutral Sentiment: Company messaging: CEO commentary urging investors to separate substantive AI winners from hype may help set investor expectations around which AI initiatives will move the needle. CEO on AI focus
• Negative Sentiment: Autonomy competition risk: Wedbush and other commentators flag accelerating rollouts by Waymo and Tesla as long‑term threats to traditional ride‑hailing economics; this is pressuring multiples as investors model AV outcomes. Wedbush on AV risk
• Negative Sentiment: New low-cost rivals/tele‑operated models: startups claiming much lower per‑ride costs could compress margins if they scale in key markets. Rental startup threat
• Negative Sentiment: Legal and governance headlines: a novel lawsuit over a women’s safety feature and recent insider selling (Tony West) add headline risk and may sap short‑term sentiment. Lawsuit over safety feature Insider sale SEC filing

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 14,875 shares of company stock worth $1,319,130 over the last ninety days. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies 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.