Insider Selling: Uber Technologies (NYSE:UBER) Insider Sells $2,008,802.70 in Stock

Uber Technologies, Inc. (NYSE:UBER) insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the sale, the insider directly owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. This trade represents a 15.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Uber Technologies Price Performance

NYSE UBER traded down $1.19 on Tuesday, reaching $71.44. The company had a trading volume of 15,500,388 shares, compared to its average volume of 19,329,037. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $145.93 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 5.54 and a beta of 1.16. The firm’s 50 day moving average price is $73.96 and its 200 day moving average price is $73.63. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the previous year, the company earned $0.60 EPS. The business’s quarterly 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 analysts predict that Uber Technologies, Inc. will post 3.54 earnings per share for the current year.

Wall Street Analyst Weigh In

UBER has been the subject of a number of research reports. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. Wells Fargo & Company reaffirmed an “overweight” rating on shares of Uber Technologies in a research note on Wednesday, September 2nd. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a report on Thursday, September 3rd. TD Cowen reiterated a “buy” rating and set a $118.00 target price on shares of Uber Technologies in a research report on Thursday, July 16th. Finally, KeyCorp cut their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.03.

Institutional Investors Weigh In On Uber Technologies

Large investors have recently added to or reduced their stakes in the stock. Anchor Investment Management LLC lifted its stake in shares of Uber Technologies by 57.2% in the 2nd quarter. Anchor Investment Management LLC now owns 16,339 shares of the ride-sharing company’s stock valued at $1,179,000 after purchasing an additional 5,943 shares during the last quarter. Marathon Wealth Advisors LLC increased its position in shares of Uber Technologies by 0.7% during the 2nd quarter. Marathon Wealth Advisors LLC now owns 28,249 shares of the ride-sharing company’s stock valued at $2,038,000 after purchasing an additional 203 shares during the last quarter. IPG Investment Advisors LLC increased its position in shares of Uber Technologies by 14.6% during the 2nd quarter. IPG Investment Advisors LLC now owns 51,434 shares of the ride-sharing company’s stock valued at $3,711,000 after purchasing an additional 6,568 shares during the last quarter. WINTON GROUP Ltd raised its holdings in Uber Technologies by 77.9% during the 2nd quarter. WINTON GROUP Ltd now owns 192,400 shares of the ride-sharing company’s stock valued at $13,884,000 after buying an additional 84,250 shares during the period. Finally, Concorde Asset Management LLC raised its holdings in Uber Technologies by 6.3% during the 2nd quarter. Concorde Asset Management LLC now owns 6,401 shares of the ride-sharing company’s stock valued at $462,000 after buying an additional 379 shares during the period. 80.24% of the stock is owned by institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased approximately 141,000 Uber shares for more than $10 million at an average price near $70.96. The open-market purchase, made without a preset trading plan, may signal management’s confidence that the stock is undervalued. Insider Watch: 3 CEOs Buying Shares
• Positive Sentiment: Uber launched its first autonomous taxis in London with Wayve, supporting its strategy of partnering with autonomous-driving companies rather than developing all technology internally. Uber and Wayve Launch First Autonomous Taxis in London
• Positive Sentiment: Uber Freight won a contract to manage chemical manufacturer OXEA’s transportation across the United States, Canada, Mexico and Europe, providing another validation of its logistics platform and potential business-to-business growth. OXEA taps Uber Freight to manage North American, European logistics
• Positive Sentiment: Uber expanded into Kuwait, adding geographic reach to its mobility business. The financial contribution is not yet clear, but the move supports continued international growth. Kuwait, your Uber has arrived
• Neutral Sentiment: Recent commentary highlights Uber’s asset-light model, delivery growth and strong profitability relative to some consumer-stock peers, though these comparisons do not represent new company guidance. Carnival vs. Uber Technologies
• Negative Sentiment: Uber announced roughly 3,300 corporate layoffs and indicated productivity gains from artificial intelligence could help fund cheaper rides. Lower prices could support demand, but they may also pressure margins and raise concerns about whether promised savings will offset the restructuring. Uber CEO Says 3,300 Layoffs Will Fund Cheaper Rides
• Negative Sentiment: Alphabet-backed Waymo is expanding robotaxi operations in Las Vegas and planning an unsupervised Tokyo launch, intensifying a competitive threat to Uber’s future mobility economics. Waymo Expands Robotaxi Battle

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.