Sarasin & Partners LLP Purchases Shares of 1,454,145 Uber Technologies, Inc. $UBER

Sarasin & Partners LLP acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,454,145 shares of the ride-sharing company’s stock, valued at approximately $144,789,000. Uber Technologies comprises approximately 1.4% of Sarasin & Partners LLP’s holdings, making the stock its 27th biggest position.

Several other large investors have also modified their holdings of UBER. Kilter Group LLC acquired a new position in Uber Technologies during the 2nd quarter worth $26,000. West Oak Capital LLC acquired a new stake in shares of Uber Technologies in the second quarter valued at about $28,000. Trust Co. of Toledo NA OH bought a new position in shares of Uber Technologies in the second quarter worth about $30,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies during the 2nd quarter worth about $32,000. Finally, Truvestments Capital LLC boosted its stake in Uber Technologies by 498.5% during the 1st quarter. Truvestments Capital LLC now owns 407 shares of the ride-sharing company’s stock valued at $30,000 after purchasing an additional 339 shares during the period. 80.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on UBER. Wall Street Zen raised Uber Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. UBS Group set a $122.00 target price on shares of Uber Technologies and gave the company a “buy” rating in a research note on Wednesday, November 5th. Royal Bank Of Canada set a $110.00 price target on shares of Uber Technologies in a research report on Wednesday, November 5th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research report on Thursday. Finally, Wells Fargo & Company reduced their target price on shares of Uber Technologies from $125.00 to $120.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $108.43.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber expanded its AV footprint by rolling out robotaxi rides in Dubai with partner WeRide, increasing early commercial exposure for Mobility and potentially accelerating future revenue mix diversification. AV Expansion in UAE
• Positive Sentiment: Bernstein/other sell?side commentary argues investors have over?discounted AV risks; at least one analyst raised Uber’s price target, framing the stock as an attractive entry if robotaxi fears ease — supportive for valuation. Analyst Note / MarketWatch
• Neutral Sentiment: Comparative coverage highlights that Serve Robotics (SERV) and Uber represent different autonomous delivery plays — useful context for investors but not an immediate stock mover for UBER. SERV vs UBER
• Neutral Sentiment: Institutional ownership remains high and several large funds recently adjusted positions — a reminder that blocks and index/ETF flows can affect volatility but don’t change fundamentals immediately. Institutional Holdings
• Negative Sentiment: Multiple states, counties and attorneys general have joined or filed suits alleging deceptive subscription/billing practices; growing litigation and potential remediation costs raise regulatory/legal risk and near?term headline volatility. AG Nessel Lawsuit
• Negative Sentiment: Uber’s head of safety is departing amid an executive shakeup, which could concern investors focused on governance and operational continuity. Safety Chief Departure
• Negative Sentiment: Insider selling: General Counsel Tony West sold 3,125 shares on Dec. 18 — isolated insider sales aren’t uncommon but can add to negative sentiment when combined with other headwinds. Tony West Insider Sale
• Negative Sentiment: Technical analysts flagged a break of support, prompting “meltdown” headlines; technical weakness can amplify selling flows from momentum and quant funds. Technical Weakness

Uber Technologies Stock Down 0.5%

Shares of UBER opened at $79.32 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $90.06 and a two-hundred day moving average price of $91.63. The stock has a market cap of $164.81 billion, a price-to-earnings ratio of 10.20 and a beta of 1.19. Uber Technologies, Inc. has a 12 month low of $59.75 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating the consensus estimate of $0.67 by $2.44. The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company’s revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.20 EPS. Equities analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi sold 150,000 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $100.48, for a total transaction of $15,072,000.00. Following the completion of the transaction, the chief executive officer directly owned 982,544 shares in the company, valued at $98,726,021.12. This represents a 13.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the transaction, the insider directly owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. The trade was a 1.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 264,875 shares of company stock worth $26,458,818 over the last three months. Company insiders own 3.84% of the company’s stock.

About Uber Technologies

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.