LJI Wealth Management LLC reduced its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 66.7% in the 3rd quarter, Holdings Channel reports. The firm owned 8,944 shares of the ride-sharing company’s stock after selling 17,954 shares during the period. LJI Wealth Management LLC’s holdings in Uber Technologies were worth $613,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Dunhill Financial LLC acquired a new position in Uber Technologies during the second quarter worth approximately $28,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Uber Technologies in the second quarter valued at approximately $29,000. William Mack & Associates Inc. purchased a new stake in Uber Technologies in the third quarter valued at approximately $28,000. Elevation Wealth Partners LLC lifted its stake in Uber Technologies by 209.8% in the second quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after buying an additional 277 shares during the last quarter. Finally, Balance Wealth Partners LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at approximately $29,000. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Trading Down 0.9%
Shares of Uber Technologies stock opened at $65.16 on Friday. The firm has a market cap of $133.09 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 6.28 and a beta of 1.27. Uber Technologies, Inc. has a 52-week low of $64.04 and a 52-week high of $100.35. The company’s 50-day simple moving average is $71.21 and its 200-day simple moving average is $73.44. 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 – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’s 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 anticipate that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Halloween is expected to generate unusually strong ride-hailing demand, potentially supporting fourth-quarter Mobility bookings and driver activity. The busiest day of the year for Uber and Lyft drivers is almost here
- Positive Sentiment: Uber’s Delivery business continues to expand, with reported delivery bookings growth of 26% and new or expanded relationships involving Key Food, Costco and ezCater. These initiatives could strengthen its grocery and business-to-business delivery presence. How New Rules And Robotaxi Pressure At Uber Technologies Has Changed Its Investment Story
- Positive Sentiment: Wall Street expects another quarter of growth from Mobility and Delivery, while the company’s previous quarter slightly exceeded earnings-per-share expectations. UBER Stock: Here’s What to Expect From Uber’s Q3 Earnings Report
- Neutral Sentiment: Uber is approaching its Q3 2026 earnings report, with investors focused on gross bookings, take rate, margins, Delivery trends and management’s autonomous-vehicle strategy. Expectations call for solid operating growth, but the results could produce significant volatility. Ahead of Uber Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Negative Sentiment: Regulatory risks are increasing. A planned U.K. VAT change could raise rider prices and reduce competitiveness, while the FTC is seeking information on how personal data affects pricing and driver compensation. Why Is Uber Technologies Facing New UK Tax And FTC Pressure?
- Negative Sentiment: Uber and other delivery platforms are challenging a New York City law concerning delivery-worker deactivation, adding litigation uncertainty and potential compliance costs. Amazon, Uber, Instacart sue to block NYC law over delivery worker deactivation
- Negative Sentiment: DoorDash’s agreement to acquire Instacart for approximately $17 billion highlights intensifying competition in U.S. food delivery, where Uber Eats is reportedly losing app users. Autonomous-vehicle partnerships also raise concerns that robotaxis could eventually weaken Uber’s core ride-hailing economics. Fewer Americans are opening Uber Eats as DoorDash pulls ahead
Insider Buying and Selling
In other Uber Technologies news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction on 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 approximately $10,662,627.75. This represents a 15.85% 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, CEO Dara Khosrowshahi acquired 141,000 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was acquired at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the transaction, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This represents a 11.50% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. Barclays cut their target price on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. Scotiabank assumed coverage on shares of Uber Technologies in a research note on Wednesday, September 9th. They set a “sector outperform” rating and a $100.00 price target for the company. KeyCorp lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Finally, Arete Research lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating and set a $74.00 price objective on the stock. in a research note on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $102.97.
Uber Technologies Company Profile
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.
Recommended Stories
- Five stocks we like better than Uber Technologies
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
