Uber Technologies, Inc. $UBER Shares Purchased by EPG Wealth Management LLC

EPG Wealth Management LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 87.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,186 shares of the ride-sharing company’s stock after acquiring an additional 15,436 shares during the quarter. Uber Technologies comprises about 0.9% of EPG Wealth Management LLC’s holdings, making the stock its 24th largest holding. EPG Wealth Management LLC’s holdings in Uber Technologies were worth $3,251,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Kilter Group LLC purchased a new position in shares of Uber Technologies in the second quarter valued at $26,000. Westend Capital Management LLC acquired a new position in Uber Technologies in the 3rd quarter worth $27,000. Trust Co. of Toledo NA OH purchased a new position in Uber Technologies in the 2nd quarter valued at about $30,000. Total Investment Management Inc. acquired a new stake in shares of Uber Technologies during the second quarter valued at about $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies during the third quarter worth about $34,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Down 1.0%

Shares of NYSE:UBER opened at $81.19 on Wednesday. The company’s fifty day moving average is $84.25 and its two-hundred day moving average is $90.46. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year 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.

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

Uber Technologies News Summary

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

Analyst Ratings Changes

A number of research analysts recently commented on UBER shares. BNP Paribas Exane started coverage on Uber Technologies in a report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 price target for the company. Barclays reduced their target price on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Wedbush dropped their price target on shares of Uber Technologies from $84.00 to $78.00 and set a “neutral” rating for the company in a research note on Friday, December 19th. Stifel Nicolaus reduced their price objective on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Guggenheim reissued a “buy” rating and issued a $135.00 target price on shares of Uber Technologies in a research report on Thursday, January 22nd. Four analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.50.

Insider Buying and Selling

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s 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 owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,875 shares of company stock worth $1,319,130 over the last quarter. Insiders own 3.70% of the company’s stock.

Uber Technologies Company 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.