Uber Technologies, Inc. $UBER Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC cut its holdings in Uber Technologies, Inc. (NYSE:UBER) by 74.9% during the second quarter, Holdings Channel reports. The institutional investor owned 43,590 shares of the ride-sharing company’s stock after selling 129,770 shares during the quarter. Waverly Advisors LLC’s holdings in Uber Technologies were worth $3,145,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Osbon Capital Management LLC acquired a new stake in Uber Technologies in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies in the 4th quarter valued at about $25,000. Portus Wealth Advisors LLC purchased a new position in shares of Uber Technologies in the 1st quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Activity

In other news, insider Andrew Macdonald acquired 70,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was acquired at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the transaction, the insider directly owned 426,320 shares in the company, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Dara Khosrowshahi acquired 141,000 shares of Uber Technologies stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the purchase, the chief executive officer directly 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 SEC filing for this purchase provides additional information. 3.81% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UBER. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 4th. UBS Group reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Tuesday. Susquehanna decreased their price objective on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research report on Thursday, August 6th. Arete Research set a $74.00 price objective on shares of Uber Technologies and gave the company a “neutral” rating in a research note on Thursday. Finally, Bank of America dropped their target price on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $103.03.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96, increasing his direct ownership by 11.5%. COO Andrew MacDonald also reportedly made substantial purchases, signaling management confidence in Uber’s valuation and long-term outlook. Uber insider buying article
• Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. Mapping and supervised testing of an initial 20-vehicle fleet in Madrid are expected to support a commercial launch by the end of 2026, strengthening Uber’s partner-based robotaxi strategy and potential European expansion. Reuters Spain autonomous vehicle permit article
• Positive Sentiment: A partnership with Wakefern adds more than 375 supermarkets to Uber Eats, expanding grocery delivery coverage and increasing exposure to recurring everyday purchases. Uber Wakefern grocery deal article
• Neutral Sentiment: Recent commentary comparing Uber with Grab highlights differing growth profiles and valuation trade-offs. Elevated call-option activity and favorable long-term analyst price targets show investor interest, but neither necessarily changes Uber’s near-term earnings outlook.
• Negative Sentiment: Arete Research downgraded Uber from “buy” to “neutral” and assigned a $74 price target. Although the target remains above recent levels, the downgrade may reinforce concerns that near-term upside is limited after the stock’s decline.
• Negative Sentiment: Uber drivers in Amsterdam sued, alleging that the company’s pay algorithm reduced earnings and violated privacy laws. The claims could increase regulatory scrutiny, legal costs and pressure to modify driver compensation. Amsterdam Uber driver lawsuit article
• Negative Sentiment: Local ride-hailing companies in Nigeria are positioning themselves as alternatives to Uber, underscoring competitive and market-share risks in one of Uber’s international markets. Nigeria ride-hailing competition article

Uber Technologies Stock Down 1.3%

Shares of NYSE:UBER opened at $71.64 on Friday. 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 company has a market capitalization of $146.32 billion, a P/E ratio of 15.74, a P/E/G ratio of 5.74 and a beta of 1.16. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The stock’s fifty day simple moving average is $73.95 and its 200-day simple moving average is $73.60.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter last year, the business posted $0.60 EPS. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 3.45 earnings per share for the current fiscal year.

Uber Technologies Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.