Uber Technologies (NYSE:UBER) Stock Price Down 1.6% Following Insider Selling

Uber Technologies, Inc. (NYSE:UBER) shares fell 1.6% on Tuesday following insider selling activity. The stock traded as low as $71.31 and last traded at $71.4430. Approximately 13,823,871 shares traded hands during trading, a decline of 28% from the average session volume of 19,320,107 shares. The stock had previously closed at $72.63.

Specifically, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Analyst Upgrades and Downgrades

A number of brokerages have commented on UBER. Needham & Company LLC restated a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. Wedbush reiterated an “outperform” rating and issued a $91.00 target price on shares of Uber Technologies in a report on Tuesday, September 8th. Roth Capital reduced their price target on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Mizuho set a $112.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Finally, Tigress Financial boosted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $103.03.

More Uber Technologies News

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

• Positive Sentiment: Uber Eats expanded its Costco partnership from 17 states to 47 states, covering nearly 600 locations. The agreement broadens Uber’s grocery and retail delivery reach, could increase order volume and provide additional opportunities for advertising and membership-related revenue. Costco expands Uber Eats delivery partnership to 47 states
• Positive Sentiment: Analysts and commentary described the Costco expansion as potentially significant for Uber Eats because it strengthens Uber’s position in grocery delivery and diversifies the company beyond restaurant delivery. An investor article also argued that Uber’s shares appear undervalued relative to its growth prospects. Is Uber’s Deal With Costco on Nationwide Delivery a Game Changer?
• Neutral Sentiment: DoorDash also expanded its Costco relationship, intensifying competition with both Uber Eats and Instacart. The broader Costco delivery opportunity is positive for demand, but competitive pressure could limit pricing power and margins. Instacart should be worried about DoorDash and Uber’s new deal
• Neutral Sentiment: Uber completed a €4.5 billion multitr tranche euro debt offering, improving funding flexibility but increasing debt obligations and future interest costs. Uber completes €4.5 billion euro debt offering
• Negative Sentiment: Uber’s planned workforce reduction, including California layoffs following management’s broader 10% staffing-cut announcement, raises concerns about execution and the possibility that lower operating costs will be used to fund cheaper rides rather than expand margins. Uber slashes jobs in California
• Negative Sentiment: Investors continue to face longer-term disruption risks from driverless vehicles and growing robotaxi competition, which could pressure Uber’s ride-hailing economics and market share. Interesting News for Uber Stock Investors
• Negative Sentiment: President and Chief Corporate Affairs Officer Jill Hazelbaker sold 28,170 shares worth about $2.0 million. Although insider sales can be routine, the transaction may weigh on sentiment because it reduced her holdings by roughly 15.85%. SEC insider sale filing

Uber Technologies Price Performance

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 company has a market capitalization of $144.99 billion, a P/E ratio of 15.59, a P/E/G ratio of 5.65 and a beta of 1.16. The company’s 50-day simple moving average is $73.85 and its 200 day simple moving average is $73.59.

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. The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. Uber Technologies’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 3.45 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Uber Technologies

Hedge funds have recently bought and sold shares of the business. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies during the 4th quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies during the fourth quarter worth approximately $25,000. Portus Wealth Advisors LLC acquired a new position in Uber Technologies during the first quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter valued at approximately $27,000. Finally, Gould Capital LLC raised its position in shares of 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 purchasing an additional 245 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

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.