Benjamin Edwards Inc. Has $8.90 Million Position in Uber Technologies, Inc. $UBER

Benjamin Edwards Inc. boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 45.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 90,847 shares of the ride-sharing company’s stock after acquiring an additional 28,549 shares during the quarter. Benjamin Edwards Inc.’s holdings in Uber Technologies were worth $8,900,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UBER. Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Uber Technologies by 2.6% in the second quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock worth $4,258,756,000 after purchasing an additional 1,168,288 shares in the last quarter. Norges Bank acquired a new position in Uber Technologies during the second quarter worth $2,348,319,000. Kingstone Capital Partners Texas LLC increased its position in Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock worth $1,863,545,000 after buying an additional 19,967,705 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Uber Technologies by 1.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after buying an additional 142,933 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total value of $251,125.00. Following the completion of the sale, the insider owned 175,423 shares in the company, valued at approximately $14,096,992.28. This trade represents a 1.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the sale, the chief financial officer directly owned 20,330 shares in the company, valued at $1,919,355.30. The trade was a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 14,875 shares of company stock valued at $1,348,818. Insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

UBER has been the subject of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Tuesday, November 4th. The Goldman Sachs Group restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, November 5th. Morgan Stanley lowered their price target on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, December 8th. BMO Capital Markets dropped their price target on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Finally, Cowen reaffirmed a “buy” rating on shares of Uber Technologies in a report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $107.14.

Read Our Latest Research Report on Uber Technologies

Uber Technologies Stock Performance

NYSE UBER opened at $87.61 on Friday. The company’s fifty day moving average is $86.78 and its two-hundred day moving average is $91.35. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a market capitalization of $182.04 billion, a price-to-earnings ratio of 11.26 and a beta of 1.20.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating the consensus estimate of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same quarter last year, the company earned $1.20 earnings per share. The firm’s revenue was up 20.4% on a year-over-year basis. Equities research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

More Uber Technologies News

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

  • Positive Sentiment: Robotaxi momentum — Uber, Lucid and Nuro revealed a robotaxi design at CES and Uber has anchored a robotaxi strategy that could use partner fleets rather than owning vehicles, a narrative investors view as margin-friendly and distribution-focused. Read More.
  • Positive Sentiment: Near-term market reaction to robo-taxi news — multiple outlets note a surge in shares on robo-taxi optimism (with Tesla weakness as a comparative). That sentiment has driven fresh buying interest tied to the AV narrative. Read More.
  • Positive Sentiment: Analyst bullishness — Wells Fargo raised its price target to $122 (overweight), implying substantial upside from current levels; other firms (Bank of America, Jefferies) have reiterated or maintained buy views citing AV partnerships and free cash‑flow potential. Read More.
  • Positive Sentiment: Operational boost — Uber renewed its global maps deal with TomTom, which should improve routing precision and efficiency across the platform and supports margin/operating-leverage thesis. Read More.
  • Neutral Sentiment: Margin-inflection thesis highlighted — market commentary frames Uber’s next leg as an operating‑leverage and margin story (distribution of AV fleets could help margins even if Uber doesn’t own vehicles). This is thematic and supportive longer-term, but not an immediate earnings event. Read More.
  • Neutral Sentiment: Mixed media takes — outlets like Barron’s warn of headwinds and valuation questions, underscoring that enthusiasm for AVs is already priced into parts of the stock. Read as cautionary context rather than a direct catalyst. Read More.
  • Negative Sentiment: Shareholder investigation — Berger Montague PC is investigating Uber’s board for potential breaches of fiduciary duty related to rider safety and driver background checks; litigation or governance concerns could pressure sentiment and add legal/PR risk. Read More.
  • Negative Sentiment: Sell-side pushback — Melius Research cut its rating (reported as a “strong sell”), and that downgrade pressure has translated into short-term share weakness in some sessions. Keep an eye on whether other shops follow or defend their views. Read More.

Uber Technologies Profile

(Free Report)

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

Read More

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:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.