Zevenbergen Capital Investments LLC Sells 209,454 Shares of Uber Technologies, Inc. $UBER

Zevenbergen Capital Investments LLC trimmed its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 36.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 364,383 shares of the ride-sharing company’s stock after selling 209,454 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Uber Technologies were worth $24,964,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies during the fourth quarter worth about $25,000. Osbon Capital Management LLC bought a new stake in Uber Technologies in the fourth quarter valued at about $25,000. Gould Capital LLC increased its holdings in Uber Technologies by 245.0% in the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after buying an additional 245 shares during the last quarter. Portus Wealth Advisors LLC acquired a new stake in Uber Technologies during the first quarter valued at approximately $25,000. Finally, Dunhill Financial LLC acquired a new stake in Uber Technologies during the second quarter valued at approximately $28,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Robotaxi expansion: Uber and Pony.ai plan to begin testing Pony.ai’s Gen-7 autonomous vehicles in London within weeks. The partnership is part of Uber’s broader goal of offering autonomous ride-hailing in 15 cities by the end of 2026, potentially strengthening its long-term growth profile. Uber and China’s Pony.ai plan to launch robotaxis in London
• Positive Sentiment: Food-delivery growth: Uber’s planned $2.3 billion acquisition of ezCater would expand Uber Eats into workplace catering, add access to more than 140,000 restaurants and increase exposure to higher-value business orders. Analysts estimate the deal could contribute to bookings and EBITDA growth in 2027. Uber to Expand Food Delivery Reach Via ezCater Buy
• Positive Sentiment: Analyst support and bookings momentum: Citizens JMP reaffirmed a “market outperform” rating and a $100 price target. Separate commentary highlighted strong bookings momentum and Uber’s cash-generation potential, offering a bullish counterpoint to recent investor caution. Uber Technologies acquisitions and 2027 bookings
• Neutral Sentiment: Operational performance remains mixed: A Q3 investor letter cited strong operational growth, but said softer guidance limited the benefit. Uber previously reported quarterly earnings slightly above expectations, while revenue came in just below consensus.
• Negative Sentiment: Acquisition concerns: The ezCater purchase has drawn criticism from retail investors concerned about valuation, integration risk and whether Uber should buy businesses rather than build internally. The transaction also adds to Uber’s capital commitments alongside its planned Delivery Hero investment. Uber’s M&A Playbook Faces Scrutiny
• Negative Sentiment: Service and legal risks: A study said Uber riders are paying substantially more while waiting longer, which could pressure demand and customer satisfaction. Uber also settled another bellwether sexual-assault lawsuit, underscoring continuing litigation and reputational risks.

Uber Technologies Stock Performance

NYSE UBER traded up $1.80 on Thursday, hitting $70.25. The stock had a trading volume of 14,495,027 shares, compared to its average volume of 19,099,824. The company’s 50-day moving average is $73.15 and its two-hundred day moving average is $72.98. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $100.35. The stock has a market cap of $143.48 billion, a price-to-earnings ratio of 15.44, a P/E/G ratio of 5.63 and a beta of 1.27. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same period in the previous year, the firm posted $0.60 earnings per share. The business’s revenue 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, analysts expect that Uber Technologies, Inc. will post 3.35 earnings per share for the current year.

Wall Street Analyst Weigh In

UBER has been the subject of several research reports. Evercore reiterated an “outperform” rating and issued a $150.00 target price on shares of Uber Technologies in a research report on Wednesday, August 5th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Wednesday, September 30th. Wedbush reaffirmed an “outperform” rating and set a $91.00 price objective on shares of Uber Technologies in a research report on Tuesday, September 8th. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday. Finally, Rosenblatt Securities assumed coverage on shares of Uber Technologies in a report on Tuesday, September 1st. They issued a “buy” rating and a $100.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $103.11.

Insider Transactions at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi purchased 141,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $2,008,802.70. Following the completion of the sale, the insider directly owned 149,525 shares of the company’s stock, valued at $10,662,627.75. The trade was a 15.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.81% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.