17,954 Uber Technologies, Inc. $UBER Shares Sold by LJI Wealth Management LLC

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

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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.

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Uber Technologies Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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