Annis Gardner Whiting Capital Advisors LLC increased its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 43.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,727 shares of the ride-sharing company’s stock after purchasing an additional 8,949 shares during the quarter. Uber Technologies makes up 0.6% of Annis Gardner Whiting Capital Advisors LLC’s holdings, making the stock its 23rd largest position. Annis Gardner Whiting Capital Advisors LLC’s holdings in Uber Technologies were worth $2,912,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the company. Kilter Group LLC acquired a new position in Uber Technologies during the second quarter worth approximately $26,000. Westend Capital Management LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $27,000. Trust Co. of Toledo NA OH acquired a new position in shares of Uber Technologies during the 2nd quarter worth approximately $30,000. Total Investment Management Inc. bought a new stake in Uber Technologies in the 2nd quarter valued at $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Uber Technologies during the 3rd quarter valued at $34,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Uber Technologies Stock Performance
UBER opened at $79.77 on Thursday. The firm has a market cap of $165.75 billion, a P/E ratio of 10.25 and a beta of 1.20. The business’s fifty day moving average is $84.06 and its 200-day moving average is $90.38. 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 quick ratio of 1.15 and a current ratio of 1.15.
Wall Street Analyst Weigh In
Several equities analysts have commented on UBER shares. Royal Bank Of Canada set a $110.00 price objective on shares of Uber Technologies in a report on Wednesday, November 5th. Morgan Stanley reduced their target price on shares of Uber Technologies from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Erste Group Bank cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Susquehanna restated a “positive” rating and set a $110.00 price objective on shares of Uber Technologies in a research report on Wednesday, November 5th. Finally, Wedbush decreased their target price on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $107.50.
Read Our Latest Analysis on UBER
Insider Buying and Selling
In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction 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 can be accessed through the SEC website. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 14,875 shares of company stock worth $1,319,130 over the last three months. 3.70% of the stock is currently owned by insiders.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber committed up to $500M and is partnering with Waabi as that autonomous-driving startup raises ~$750M–$1B; the deal could accelerate deployment of robotaxis and offers a long-term growth avenue for AV-driven rides/revenue. Uber Plows $500M into Self-Driving Startup Waabi
- Positive Sentiment: Multiple outlets report Waabi’s large fundraising round and Uber’s role; investors may view this as a strategic bet on autonomous mobility that could expand margins and vehicle utilization over time. Waabi raises up to $1 billion and partners with Uber
- Positive Sentiment: Uber launched “AV Labs” to gather driving data for its robotaxi partners — this centralizes valuable data assets, strengthens partnerships, and can speed commercialization of autonomous services. Uber launches AV Labs
- Positive Sentiment: A Dutch court ruled drivers are contractors, not employees — a legal outcome that, if it carries to other jurisdictions, reduces labor-cost/liability risk versus employee classification. Dutch court rules drivers are contractors
- Neutral Sentiment: Analysts and previews flag Q4 results are on deck with mixed expectations: revenue growth forecasts look solid (~19%) but EPS could miss; that uncertainty can amplify short-term volatility around the print. Uber Q4 Earnings on Deck
- Neutral Sentiment: An earnings preview warns Uber lacks the mix for an easy beat this quarter, which could temper expectations even if top-line growth remains healthy. Earnings Preview: Q4 Expected to Decline
- Neutral Sentiment: Institutional filing: a smaller manager (Bensler LLC) increased its Uber position — a routine 13F change that signals steady institutional interest but is not a material catalyst. Bensler LLC 13F position
- Negative Sentiment: Shareholders’ law firm launched an investigation into Uber’s board over alleged oversight failures tied to rider safety and background checks — escalation that could lead to governance headaches, fines, or reputational damage. Berger Montague board investigation
- Negative Sentiment: Ongoing litigation and trials: Uber denied liability in a high-profile sexual-assault trial; continued legal exposure and plaintiff-focused advertising (e.g., law firms expanding Uber-related practices) increase legal/settlement risk and can hurt sentiment. Uber denies liability in sexual-assault trial
- Negative Sentiment: Fund commentary and weekly roundup pieces list Uber as a recent worst performer in some funds, reflecting short-term selling pressure and negative sentiment that can pressure the stock. Uber was the worst performer
- Negative Sentiment: Security/data concerns flagged in commentary connecting ex-Uber personnel and high-profile breaches (SolarWinds) serve as a reminder of operational and data-security risks investors watch closely. Data security lessons
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.
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