Uber Technologies, Inc. $UBER Stock: International Assets Investment Management LLC Grows Stake

International Assets Investment Management LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 279.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 40,000 shares of the ride-sharing company’s stock after buying an additional 29,460 shares during the quarter. International Assets Investment Management LLC’s holdings in Uber Technologies were worth $2,740,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC grew its position in shares of Uber Technologies by 4.8% during the third quarter. Kestra Private Wealth Services LLC now owns 182,404 shares of the ride-sharing company’s stock worth $12,496,000 after purchasing an additional 8,392 shares in the last quarter. Bfsg LLC lifted its holdings in shares of Uber Technologies by 1.2% in the third quarter. Bfsg LLC now owns 37,923 shares of the ride-sharing company’s stock worth $2,598,000 after buying an additional 461 shares in the last quarter. SFI Advisors LLC bought a new position in shares of Uber Technologies during the third quarter worth $610,000. Caldwell Trust Co boosted its position in shares of Uber Technologies by 78.3% during the third quarter. Caldwell Trust Co now owns 7,982 shares of the ride-sharing company’s stock worth $547,000 after acquiring an additional 3,506 shares during the last quarter. Finally, 3Chopt Investment Partners LLC purchased a new position in Uber Technologies during the third quarter valued at $213,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Amazon is adding Uber Eats restaurant delivery to its U.S. Prime experience, including $0 delivery fees on qualifying orders of $25 or more. The partnership could expand Uber Eats’ reach and order volume. Amazon adds Uber food delivery perks for Prime subscribers
• Positive Sentiment: Uber reported Q3 revenue of $14.77 billion, gross bookings growth of 20%, and strong free cash flow. Adjusted earnings also edged past estimates, supporting the view that the underlying business is still growing. Uber: 3 key takeaways for long-term investors
• Neutral Sentiment: Analyst views remain divided. Wedbush reiterated Outperform and Guggenheim maintained Buy, while several firms lowered price targets; Canaccord’s $70 target and Hold rating are close to the share price. Wedbush reaffirms Outperform
• Negative Sentiment: Some analysts cut targets after the results, including Barclays ($106 to $100), KeyCorp ($105 to $95), and Canaccord ($72 to $70). These revisions may reinforce concerns about valuation and near-term upside. Analyst price-target updates
• Negative Sentiment: Uber’s CEO cited driver shortages and higher fuel costs in some international markets, which could raise incentives and constrain Mobility growth. The sharp year-over-year drop in GAAP net income has also drawn attention, despite stronger operating metrics. Uber CEO reveals a driver-supply problem
• Negative Sentiment: Commentary questioning whether expectations for future robotaxis are already reflected in Uber’s valuation adds another source of investor caution. Uber: The market is pricing tomorrow’s robotaxis into today’s earnings

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Roth Capital reduced their price target on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Jefferies Financial Group increased their price objective on shares of Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a report on Monday, August 10th. Sanford C. Bernstein dropped their price objective on shares of Uber Technologies from $95.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday. Canaccord Genuity Group cut their price objective on Uber Technologies from $72.00 to $70.00 and set a “hold” rating for the company in a research report on Thursday. Finally, UBS Group reduced their target price on Uber Technologies from $110.00 to $106.00 and set a “buy” rating on the stock in a report on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, forty-four have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $101.82.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $68.63 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.55. Uber Technologies, Inc. has a 12 month low of $64.04 and a 12 month high of $95.18. The company has a market capitalization of $140.18 billion, a price-to-earnings ratio of 40.61, a PEG ratio of 8.94 and a beta of 1.33. The firm’s 50-day moving average is $70.14 and its 200 day moving average is $73.03.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.02. The business had revenue of $14.77 billion during the quarter, compared to the consensus estimate of $14.66 billion. Uber Technologies had a net margin of 6.13% and a return on equity of 21.37%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $3.11 earnings per share. Research analysts predict that Uber Technologies, Inc. will post 3.11 EPS for the current year.

Insider Activity

In other news, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction that occurred 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 owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Dara Khosrowshahi purchased 141,000 shares of Uber Technologies stock in a transaction dated Thursday, September 10th. The stock was acquired at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the acquisition, 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 position. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc operates a technology platform that connects people seeking transportation and delivery services with drivers, couriers, merchants and other providers. Its offerings include rides through the Uber app and food and grocery delivery through Uber Eats.

The company also provides logistics services through Uber Freight, which connects shippers with carriers and offers tools for managing freight transportation. Uber’s platform serves users and businesses across markets in North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific.

Founded in San Francisco in 2009 as UberCab, the company expanded from ride-hailing into delivery and freight.