Atwood & Palmer Inc. Acquires 8,256 Shares of Uber Technologies, Inc. $UBER

Atwood & Palmer Inc. increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.4% in the third quarter, Holdings Channel reports. The firm owned 194,658 shares of the ride-sharing company’s stock after acquiring an additional 8,256 shares during the period. Atwood & Palmer Inc.’s holdings in Uber Technologies were worth $13,336,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Public Investment Fund acquired a new position in shares of Uber Technologies during the second quarter worth about $5,256,173,439. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Uber Technologies by 2.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,078,612 shares of the ride-sharing company’s stock valued at $1,068,653,000 after buying an additional 258,448 shares in the last quarter. Legal & General Group Plc acquired a new stake in shares of Uber Technologies in the second quarter valued at about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Uber Technologies in the second quarter valued at about $752,151,000. Finally, Baird Financial Group Inc. raised its holdings in shares of Uber Technologies by 64.4% during the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock valued at $656,609,000 after buying an additional 3,564,073 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Dara Khosrowshahi purchased 141,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the purchase, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jill Hazelbaker sold 28,170 shares of the business’s stock in a transaction dated 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 completion of the sale, the insider directly owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.81% of the company’s stock.

Uber Technologies Stock Up 2.6%

UBER stock traded up $1.80 during midday trading on Thursday, hitting $70.25. 14,495,027 shares of the company’s stock were exchanged, compared to its average volume of 19,099,824. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $100.35. The firm has a 50 day moving average price of $73.15 and a 200-day moving average price of $72.98. The stock has a market capitalization of $143.48 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 5.63 and a beta of 1.27.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. The company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, analysts anticipate that Uber Technologies, Inc. will post 3.35 EPS for the current year.

Analyst Ratings Changes

UBER has been the topic of several recent research reports. Cantor Fitzgerald reduced their price target on Uber Technologies from $98.00 to $90.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Wells Fargo & Company increased their price objective on shares of Uber Technologies from $89.00 to $92.00 and gave the company an “overweight” rating in a research report on Monday. Weiss Ratings lowered shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 21st. Bank of America reduced their target price on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. Finally, Wedbush restated an “outperform” rating and issued a $91.00 target price on shares of Uber Technologies in a research note on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $103.11.

More Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion: Uber and Pony.ai plan to begin testing Pony.ai’s Gen-7 autonomous vehicles in London within weeks. The partnership is part of Uber’s broader goal of offering autonomous ride-hailing in 15 cities by the end of 2026, potentially strengthening its long-term growth profile. Uber and China’s Pony.ai plan to launch robotaxis in London
• Positive Sentiment: Food-delivery growth: Uber’s planned $2.3 billion acquisition of ezCater would expand Uber Eats into workplace catering, add access to more than 140,000 restaurants and increase exposure to higher-value business orders. Analysts estimate the deal could contribute to bookings and EBITDA growth in 2027. Uber to Expand Food Delivery Reach Via ezCater Buy
• Positive Sentiment: Analyst support and bookings momentum: Citizens JMP reaffirmed a “market outperform” rating and a $100 price target. Separate commentary highlighted strong bookings momentum and Uber’s cash-generation potential, offering a bullish counterpoint to recent investor caution. Uber Technologies acquisitions and 2027 bookings
• Neutral Sentiment: Operational performance remains mixed: A Q3 investor letter cited strong operational growth, but said softer guidance limited the benefit. Uber previously reported quarterly earnings slightly above expectations, while revenue came in just below consensus.
• Negative Sentiment: Acquisition concerns: The ezCater purchase has drawn criticism from retail investors concerned about valuation, integration risk and whether Uber should buy businesses rather than build internally. The transaction also adds to Uber’s capital commitments alongside its planned Delivery Hero investment. Uber’s M&A Playbook Faces Scrutiny
• Negative Sentiment: Service and legal risks: A study said Uber riders are paying substantially more while waiting longer, which could pressure demand and customer satisfaction. Uber also settled another bellwether sexual-assault lawsuit, underscoring continuing litigation and reputational risks.

Uber Technologies Company Profile

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.