Uber Technologies, Inc. $UBER Shares Sold by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. lessened its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,172 shares of the ride-sharing company’s stock after selling 10,434 shares during the quarter. Uber Technologies comprises 1.9% of Strategic Family Wealth Counselors L.L.C.’s portfolio, making the stock its 19th biggest holding. Strategic Family Wealth Counselors L.L.C.’s holdings in Uber Technologies were worth $7,822,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Public Investment Fund purchased a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $5,256,173,439. Legal & General Group Plc purchased a new position in shares of Uber Technologies in the second quarter valued at $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Uber Technologies in the second quarter valued at $752,151,000. Fundsmith LLP bought a new stake in Uber Technologies in the second quarter worth $645,338,000. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Uber Technologies in the second quarter worth $426,727,000. Institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on UBER. Barclays decreased their price target on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. DA Davidson dropped their price objective on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Roth Capital reduced their target price on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Citizens Jmp restated a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Wednesday, October 7th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Wednesday, September 30th. Two 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.97.

Insider Buying and Selling

In other news, CEO Dara Khosrowshahi purchased 141,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the acquisition, 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Andrew Macdonald acquired 70,000 shares of Uber Technologies stock in a transaction that occurred on Friday, September 4th. The stock was purchased at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider directly owned 426,320 shares in the company, valued at $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is owned by corporate insiders.

Uber Technologies Stock Down 0.1%

Shares of 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 business has a fifty day moving average of $71.21 and a 200 day moving average of $73.44. The company has a market cap of $133.09 billion, a PE ratio of 14.32, a P/E/G ratio of 6.24 and a beta of 1.33. Uber Technologies, Inc. has a 52-week low of $64.04 and a 52-week high of $100.35.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, sell-side analysts expect that Uber Technologies, Inc. will post 3.20 EPS for the current year.

About Uber Technologies

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.