Uber Technologies, Inc. $UBER Shares Newly Bought by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the third quarter, HoldingsChannel reports. The fund purchased 50,228 shares of the ride-sharing company’s stock, valued at approximately $3,441,000.

Several other large investors have also bought and sold shares of the company. Public Investment Fund bought a new stake in shares of Uber Technologies during the second quarter valued at approximately $5,256,173,439. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Uber Technologies by 2.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,078,612 shares of the ride-sharing company’s stock valued at $1,068,653,000 after buying an additional 258,448 shares in the last quarter. Legal & General Group Plc purchased a new stake in shares of Uber Technologies in the 2nd quarter worth about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Uber Technologies in the 2nd quarter worth about $752,151,000. Finally, Baird Financial Group Inc. lifted its position in Uber Technologies by 64.4% during the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock valued at $656,609,000 after acquiring an additional 3,564,073 shares during the period. 80.24% of the stock is owned by institutional investors.

Insider Transactions at Uber Technologies

In related news, CEO Dara Khosrowshahi bought 141,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jill Hazelbaker sold 28,170 shares of Uber Technologies 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 transaction, the insider directly owned 149,525 shares in the company, valued at approximately $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is currently owned by company insiders.

More Uber Technologies News

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

Uber Technologies Stock Performance

Uber Technologies stock traded down $0.49 during midday trading on Wednesday, reaching $68.58. 5,433,787 shares of the company traded hands, compared to its average volume of 19,086,998. The business has a 50 day moving average of $73.21 and a two-hundred day moving average of $73.03. The firm has a market capitalization of $140.09 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 5.66 and a beta of 1.27. 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 $100.35.

Uber Technologies (NYSE:UBER – Get Free Report) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the prior year, the company earned $0.60 earnings per share. Uber Technologies’s revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 3.35 earnings per share for the current year.

Wall Street Analyst Weigh In

UBER has been the topic of a number of recent research reports. Mizuho set a $112.00 price objective on shares of Uber Technologies in a report on Thursday, August 6th. Wedbush reaffirmed an “outperform” rating and set a $91.00 price objective on shares of Uber Technologies in a research report on Tuesday, September 8th. Tigress Financial boosted their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Wednesday, September 30th. Finally, Roth Capital dropped their price target on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. 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. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $103.11.

Get Our Latest Research Report on Uber Technologies

Uber Technologies Company Profile

(Free Report)

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.

See Also

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).

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

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