Signature Estate & Investment Advisors LLC lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 12.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 766,476 shares of the ride-sharing company’s stock after selling 113,391 shares during the quarter. Uber Technologies comprises about 1.6% of Signature Estate & Investment Advisors LLC’s holdings, making the stock its 17th largest position. Signature Estate & Investment Advisors LLC’s holdings in Uber Technologies were worth $75,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also modified their holdings of UBER. Kilter Group LLC purchased a new position in Uber Technologies during the second quarter worth approximately $26,000. Westend Capital Management LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at $27,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at $30,000. Total Investment Management Inc. acquired a new stake in shares of Uber Technologies during the 2nd quarter worth $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Uber Technologies in the 3rd quarter worth $34,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Uber Technologies Stock Down 0.5%
Shares of NYSE:UBER opened at $74.80 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $83.07 and a 200 day simple moving average of $89.71. The firm has a market cap of $155.42 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 6.32 and a beta of 1.21. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. KeyCorp lowered their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Jefferies Financial Group reiterated a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Weiss Ratings restated a “buy (b)” rating on shares of Uber Technologies in a report on Monday, December 29th. JPMorgan Chase & Co. reduced their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Melius Research set a $73.00 price objective on shares of Uber Technologies in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $104.94.
Read Our Latest Stock Analysis on UBER
Insider Activity
In other news, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 14,875 shares of company stock worth $1,319,130 in the last ninety days. Corporate insiders own 3.84% of the company’s stock.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Analysts continue to show support — several firms reaffirmed or upgraded ratings and Citi left a “buy” view (while trimming its PT to $110), keeping sizable upside in street estimates. Read More.
- Positive Sentiment: Large robotaxi expansion with partner WeRide — plan to deploy ~1,200 autonomous robotaxis across Abu Dhabi, Dubai and Riyadh by 2027, reinforcing Uber’s AV growth narrative and long-term TAM. Read More.
- Positive Sentiment: Underlying Q4 business metrics remain strong — revenue and bookings grew ~20% y/y and free cash flow/reported profitability improved, supporting medium‑term fundamentals. Read More.
- Neutral Sentiment: Corporate moves: Uber appointed a new CFO as it accelerates AV and robotaxi investment — operationally important but a longer‑dated catalyst. Read More.
- Negative Sentiment: Legal hit — a jury in Arizona found Uber liable and ordered the company to pay $8.5M in a rape suit; the company faces thousands of similar claims, raising reputational and potential financial exposure. Read More.
- Negative Sentiment: Q4 EPS miss and cautious guidance — Uber missed EPS expectations and set Q1 EPS guidance below consensus, which triggered the post‑earnings selloff despite solid revenue growth. Read More.
- Negative Sentiment: Multiple price‑target trims and mixed analyst notes — several shops lowered targets (JPMorgan, Wells Fargo, Wedbush, Cantor, etc.) or issued neutral/hold stances, increasing near‑term uncertainty. Read More.
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.
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