Cambiar Investors LLC Trims Position in Uber Technologies, Inc. $UBER

Cambiar Investors LLC cut its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 15.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 657,288 shares of the ride-sharing company’s stock after selling 120,058 shares during the quarter. Uber Technologies accounts for about 2.9% of Cambiar Investors LLC’s investment portfolio, making the stock its 2nd largest holding. Cambiar Investors LLC’s holdings in Uber Technologies were worth $64,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Kilter Group LLC bought a new stake in Uber Technologies during the 2nd quarter valued at $26,000. Westend Capital Management LLC purchased a new stake in Uber Technologies in the 3rd quarter worth approximately $27,000. Trust Co. of Toledo NA OH bought a new stake in shares of Uber Technologies in the 2nd quarter worth approximately $30,000. Total Investment Management Inc. purchased a new position in shares of Uber Technologies during the second quarter valued at approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in shares of Uber Technologies during the third quarter valued at approximately $34,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider directly owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares in the company, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 14,875 shares of company stock worth $1,319,130. Insiders own 3.70% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber launched an “AV Labs” division to aggregate driving data for its robotaxi partners — a move that strengthens its position as a data hub for autonomous-vehicle ecosystems and could create new revenue/partnership leverage. Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners MSN: Uber launches an ‘AV Labs’ division
• Positive Sentiment: A Dutch court ruled that Uber drivers are contractors, not employees — a ruling that, if it holds across more jurisdictions, reduces potential labor-cost liabilities and pension/employment expense exposure. Uber Drivers Aren’t Employees but Contractors, Dutch Court Rules
• Positive Sentiment: Institutional buying: Bensler LLC increased its Uber stake to about $12.1M, signaling continued investor interest from some money managers. Bensler LLC Has $12.11 Million Stock Position in Uber Technologies, Inc.
• Neutral Sentiment: Investor letters note Uber is exposed to the autonomous-vehicle narrative — keeping sentiment tied to AV progress rather than core rideshare fundamentals. This is thematic and price-sensitive to AV milestones. Uber Technologies (UBER): Impacted by Autonomous-Vehicle Related Narrative
• Neutral Sentiment: Analysts (Wedbush) urge caution heading into Q4 earnings across mobility/delivery peers — a cautious tone that can amplify short-term volatility around Uber’s results. Riding Into Uber, Lyft Q4 Earnings With ‘Caution’
• Negative Sentiment: Uber is defending itself in a sexual-assault trial where the company denies liability for drivers — an ongoing legal episode that raises reputational and potential financial risk if rulings or damages go against Uber. Uber denies liability for drivers in sexual assault trial
• Negative Sentiment: Berger Montague opened a shareholder probe into Uber’s board for possible fiduciary breaches tied to rider safety and background-check oversight — heightened governance/legal scrutiny that can pressure the stock. INVESTIGATION ALERT: Berger Montague PC Investigates Uber Technologies, Inc.’s Board
• Negative Sentiment: Competitive risk: Lyft is developing a teen-rides feature to close gaps with Uber — incremental competitive pressure in core rideshare demand/market-share dynamics. Lyft Working on Teen Rides Feature as It Plays Catch-Up With Uber
• Negative Sentiment: Fund commentary listed Uber as a laggard in certain large-cap growth portfolios, highlighting near-term underperformance risk versus peers. Uber Technologies (UBER) was the worst performer: NewBridge Large Cap Growth Equity

Wall Street Analysts Forecast Growth

Several research analysts have commented on UBER shares. TD Cowen restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, November 5th. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Thursday, January 15th. Susquehanna reaffirmed a “positive” rating and set a $110.00 price objective on shares of Uber Technologies in a research report on Wednesday, November 5th. Exane BNP Paribas raised Uber Technologies to a “strong-buy” rating in a research report on Wednesday, January 14th. Finally, Truist Financial lifted their price target on Uber Technologies from $96.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Four research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $107.50.

Uber Technologies Stock Down 1.0%

Shares of NYSE:UBER opened at $81.19 on Wednesday. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The stock has a market capitalization of $168.70 billion, a price-to-earnings ratio of 10.44 and a beta of 1.20. The stock has a fifty day simple moving average of $84.25 and a two-hundred day simple moving average of $90.46. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $2.44. The firm had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies Profile

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.