Uber Technologies, Inc. $UBER Shares Sold by Andra AP fonden

Andra AP fonden decreased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 10.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 293,100 shares of the ride-sharing company’s stock after selling 35,900 shares during the period. Andra AP fonden’s holdings in Uber Technologies were worth $21,150,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of UBER. Capital Research Global Investors grew its stake in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Public Investment Fund purchased a new position in shares of Uber Technologies during the 2nd quarter valued at approximately $5,256,173,439. Geode Capital Management LLC grew its position in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after buying an additional 1,602,596 shares in the last quarter. Norges Bank bought a new stake in shares of Uber Technologies in the fourth quarter worth $2,515,094,000. Finally, Capital World Investors increased its stake in shares of Uber Technologies by 1.5% in the fourth quarter. Capital World Investors now owns 17,278,031 shares of the ride-sharing company’s stock worth $1,411,793,000 after buying an additional 261,564 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the sale, the insider owned 149,525 shares of the company’s stock, valued at $10,662,627.75. This trade represents a 15.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrew Macdonald acquired 70,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was purchased at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares in the company, valued at $32,327,845.60. The trade was a 19.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on UBER. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, August 25th. Rosenblatt Securities assumed coverage on shares of Uber Technologies in a research note on Tuesday, September 1st. They issued a “buy” rating and a $100.00 target price on the stock. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 4th. Susquehanna decreased their price target on Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a research note on Thursday, August 6th. Finally, DA Davidson decreased their price target on Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.03.

More Uber Technologies News

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

• Positive Sentiment: Uber’s proposed acquisition of Delivery Hero moved forward after Delivery Hero’s management and supervisory boards recommended that shareholders accept the offer. The deal could expand Uber’s delivery operations to 99 markets and strengthen its global logistics network. Why Is Uber Technologies Back In Focus After Its $15 Billion Deal Progress?
• Positive Sentiment: Uber Freight plans to expand its European fourth-party logistics business, supporting the company’s efforts to diversify beyond ride-hailing and food delivery. Uber Freight Plans To Expand Its European Fourth-Party Logistics Business
• Positive Sentiment: Erste Group slightly raised its fiscal 2027 EPS forecast for Uber Technologies (UBER) to $4.42 from $4.41, reinforcing the view that earnings growth remains intact. Uber has also been highlighted favorably versus Grab because of stronger bookings growth, a lower price-to-sales valuation, and broader global scale. UBER or GRAB: Which Ride-Hailing Stock Holds More Promise Now?
• Positive Sentiment: Bank of America maintained a Buy rating and $101 price target, forecasting that Uber will retain approximately 73% of the U.S. mobility market through 2028. Uber was also selected as a CNBC “Final Trade,” adding to favorable market commentary. Uber Faces Growing AV Competition but BofA Sees Limited Market Share Erosion
• Neutral Sentiment: Uber has filed for U.S. Federal Trade Commission review of its Delivery Hero stake acquisition. The review is a required regulatory step, but it introduces uncertainty around the timing and completion of the transaction. Uber Technologies Files for FTC Review of Delivery Hero Stake Acquisition
• Negative Sentiment: Autonomous-vehicle competition from Waymo, Tesla and Zoox remains the key risk for Uber. BofA expects Uber’s U.S. mobility share to decline from roughly 76% currently to 73% by 2028, although it views the erosion as limited. Uber Faces Growing AV Competition but BofA Sees Limited Market Share Erosion

Uber Technologies Stock Performance

Shares of NYSE:UBER traded down $0.67 during trading on Tuesday, reaching $70.17. 9,386,878 shares of the company’s stock traded hands, compared to its average volume of 19,262,244. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.29. The company has a 50 day moving average of $73.63 and a 200-day moving average of $73.49. The stock has a market capitalization of $143.33 billion, a P/E ratio of 15.42, a price-to-earnings-growth ratio of 5.74 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. Uber Technologies’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3.35 EPS for the current year.

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.