Uber Technologies, Inc. $UBER Shares Sold by Aberdeen Group plc

Aberdeen Group plc lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,835,015 shares of the ride-sharing company’s stock after selling 78,904 shares during the quarter. Aberdeen Group plc owned 0.09% of Uber Technologies worth $178,483,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brant Point Investment Management LLC acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at about $933,000. Spirepoint Private Client LLC lifted its stake in Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after buying an additional 13,454 shares during the last quarter. Econ Financial Services Corp acquired a new stake in shares of Uber Technologies in the third quarter valued at approximately $1,538,000. Transcendent Capital Group LLC purchased a new position in shares of Uber Technologies during the third quarter worth approximately $1,859,000. Finally, Munro Partners purchased a new position in shares of Uber Technologies during the second quarter worth approximately $96,294,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Uber Technologies news, 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 sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 9,375 shares of company stock worth $799,875. Company insiders own 3.84% of the company’s stock.

Uber Technologies Stock Down 2.0%

UBER stock opened at $69.83 on Friday. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The stock has a market cap of $145.09 billion, a P/E ratio of 14.83, a P/E/G ratio of 6.40 and a beta of 1.21. The stock’s fifty day simple moving average is $81.32 and its two-hundred day simple moving average is $89.07. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). The company had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on UBER. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Uber Technologies in a research note on Thursday, February 5th. Needham & Company LLC reiterated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research note on Tuesday, February 3rd. Susquehanna reissued a “positive” rating and set a $110.00 price target on shares of Uber Technologies in a report on Wednesday, November 5th. KeyCorp reduced their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Finally, Mizuho decreased their price objective on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.89.

About Uber Technologies

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.