Uber Technologies, Inc. $UBER Stake Decreased by Kelleher Financial Advisors

Kelleher Financial Advisors reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 43.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 15,252 shares of the ride-sharing company’s stock after selling 11,611 shares during the period. Kelleher Financial Advisors’ holdings in Uber Technologies were worth $1,045,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Public Investment Fund bought a new position in Uber Technologies in the second quarter valued at $5,256,173,439. Legal & General Group Plc purchased a new stake in Uber Technologies during the second quarter valued at about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Uber Technologies during the second quarter worth about $752,151,000. Baird Financial Group Inc. lifted its stake in Uber Technologies by 64.4% during the second quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock worth $656,609,000 after purchasing an additional 3,564,073 shares during the last quarter. Finally, Fundsmith LLP bought a new stake in Uber Technologies during the second quarter worth about $645,338,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $69.95 on Thursday. 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 cap of $142.89 billion, a PE ratio of 11.66, a PEG ratio of 6.37 and a beta of 1.33. The company’s fifty day moving average is $70.50 and its 200 day moving average is $73.18. Uber Technologies, Inc. has a 52 week low of $64.04 and a 52 week high of $95.44.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.02. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.77 billion during the quarter, compared to analyst estimates of $14.66 billion. During the same period in the prior year, the business posted $3.11 earnings per share. The company’s revenue was up 9.6% on a year-over-year basis. Research analysts anticipate that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.

Insider Activity

In other news, insider Jill Hazelbaker sold 28,170 shares of the business’s stock in a transaction dated 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 sale, the insider 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dara Khosrowshahi purchased 141,000 shares of Uber Technologies stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average price 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 in the company, valued at $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on UBER shares. Evercore reiterated an “outperform” rating and issued a $150.00 price objective on shares of Uber Technologies in a report on Wednesday, August 5th. Needham & Company LLC reissued a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a report on Thursday, August 6th. Barclays dropped their target price on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Wedbush reaffirmed an “outperform” rating and issued a $91.00 target price on shares of Uber Technologies in a research note on Tuesday, September 8th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $118.00 target price on shares of Uber Technologies in a research note on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $102.86.

More Uber Technologies News

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

• Positive Sentiment: Third-quarter gross bookings rose 20% to about $59.8 billion, and adjusted EPS increased 35% to $0.88, slightly above estimates. Revenue of $14.77 billion also topped expectations. Uber Q3 results and headwinds
• Positive Sentiment: Delivery strength and plans to expand Uber’s driverless fleet—targeting more than 2,000 vehicles by 2027—offer potential growth beyond core ride-hailing. Uber delivery and robotaxi plans
• Neutral Sentiment: The 92% decline in GAAP net income to $512 million largely reflects unusual prior-year tax and investment benefits, plus a current-quarter investment loss; adjusted operating measures improved. Uber financial results
• Negative Sentiment: Uber’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus. Management cited driver shortages, higher fuel costs and geopolitical pressures; added driver incentives could weigh on margins. Uber profit forecast and headwinds
• Negative Sentiment: Mobility bookings and trips missed expectations amid supply constraints, and Waymo plans to end its exclusive Uber robotaxi partnership in Austin and Atlanta by January 2028, creating a longer-term competitive risk in those markets. Waymo partnership split

Uber Technologies Company Profile

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.