Kelleher Financial Advisors reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 43.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,252 shares of the ride-sharing company’s stock after selling 11,611 shares during the quarter. Kelleher Financial Advisors’ holdings in Uber Technologies were worth $1,045,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Public Investment Fund bought a new stake in Uber Technologies during the 2nd quarter valued at $5,256,173,439. Legal & General Group Plc bought a new position in shares of Uber Technologies in the second quarter worth $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Uber Technologies in the second quarter worth $752,151,000. Baird Financial Group Inc. boosted its holdings in shares of Uber Technologies by 64.4% in the second quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock worth $656,609,000 after acquiring an additional 3,564,073 shares during the period. Finally, Fundsmith LLP purchased a new position in shares of Uber Technologies in the second quarter valued at $645,338,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Uber Technologies news, CEO Dara Khosrowshahi bought 141,000 shares of Uber Technologies 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 transaction, the chief executive officer directly owned 1,367,100 shares in the company, valued at $97,009,416. This represents a 11.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $71.31, for a total value of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares in the company, valued at $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is owned by company insiders.
Uber Technologies Stock Up 5.0%
Shares of NYSE:UBER opened at $69.95 on Thursday. The firm has a fifty day moving average price of $70.50 and a two-hundred day moving average price of $73.18. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a one year low of $64.04 and a one year high of $95.44. The company has a market cap of $142.89 billion, a price-to-earnings ratio of 11.66, a PEG ratio of 6.37 and a beta of 1.33.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.02. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.77 billion for the quarter, compared to analysts’ expectations of $14.66 billion. During the same quarter in the prior year, the firm posted $3.11 earnings per share. The business’s quarterly revenue was up 9.6% on a year-over-year basis. Analysts anticipate that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. Arete Research cut Uber Technologies from a “buy” rating to a “neutral” rating and set a $74.00 price objective on the stock. in a report on Thursday, September 10th. Evercore restated an “outperform” rating and issued a $150.00 target price on shares of Uber Technologies in a research note on Wednesday, August 5th. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $110.00 target price on shares of Uber Technologies in a report on Thursday. 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $102.86.
Get Our Latest Analysis on Uber Technologies
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Third-quarter gross bookings rose 20% to about $59.8 billion, and adjusted EPS increased 35% to $0.88, slightly above estimates. Revenue of $14.77 billion also topped expectations. Uber Q3 results and headwinds
- Positive Sentiment: Delivery strength and plans to expand Uber’s driverless fleet—targeting more than 2,000 vehicles by 2027—offer potential growth beyond core ride-hailing. Uber delivery and robotaxi plans
- Neutral Sentiment: The 92% decline in GAAP net income to $512 million largely reflects unusual prior-year tax and investment benefits, plus a current-quarter investment loss; adjusted operating measures improved. Uber financial results
- Negative Sentiment: Uber’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus. Management cited driver shortages, higher fuel costs and geopolitical pressures; added driver incentives could weigh on margins. Uber profit forecast and headwinds
- Negative Sentiment: Mobility bookings and trips missed expectations amid supply constraints, and Waymo plans to end its exclusive Uber robotaxi partnership in Austin and Atlanta by January 2028, creating a longer-term competitive risk in those markets. Waymo partnership split
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.
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