Uber Technologies, Inc. $UBER Position Reduced by Perpetual Ltd

Perpetual Ltd decreased its position in Uber Technologies, Inc. (NYSE:UBER) by 40.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 405,440 shares of the ride-sharing company’s stock after selling 276,651 shares during the period. Perpetual Ltd’s holdings in Uber Technologies were worth $39,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Kilter Group LLC acquired a new position in shares of Uber Technologies during the second quarter valued at $26,000. West Oak Capital LLC acquired a new position in Uber Technologies during the 2nd quarter worth $28,000. Truvestments Capital LLC increased its holdings in shares of Uber Technologies by 498.5% during the first quarter. Truvestments Capital LLC now owns 407 shares of the ride-sharing company’s stock valued at $30,000 after purchasing an additional 339 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in Uber Technologies in the second quarter worth about $30,000. Finally, Ransom Advisory Ltd bought a new stake in shares of Uber Technologies during the 1st quarter worth about $31,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Down 0.5%

Uber Technologies stock opened at $79.32 on Friday. The firm has a market cap of $164.81 billion, a price-to-earnings ratio of 10.20 and a beta of 1.19. The firm has a fifty day moving average price of $90.06 and a two-hundred day moving average price of $91.56. Uber Technologies, Inc. has a fifty-two week low of $59.75 and a fifty-two 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.

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

Uber Technologies News Summary

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

• Positive Sentiment: Uber expanded its AV footprint by rolling out robotaxi rides in Dubai with partner WeRide, increasing early commercial exposure for Mobility and potentially accelerating future revenue mix diversification. AV Expansion in UAE
• Positive Sentiment: Bernstein/other sell‑side commentary argues investors have over‑discounted AV risks; at least one analyst raised Uber’s price target, framing the stock as an attractive entry if robotaxi fears ease — supportive for valuation. Analyst Note / MarketWatch
• Neutral Sentiment: Comparative coverage highlights that Serve Robotics (SERV) and Uber represent different autonomous delivery plays — useful context for investors but not an immediate stock mover for UBER. SERV vs UBER
• Neutral Sentiment: Institutional ownership remains high and several large funds recently adjusted positions — a reminder that blocks and index/ETF flows can affect volatility but don’t change fundamentals immediately. Institutional Holdings
• Negative Sentiment: Multiple states, counties and attorneys general have joined or filed suits alleging deceptive subscription/billing practices; growing litigation and potential remediation costs raise regulatory/legal risk and near‑term headline volatility. AG Nessel Lawsuit
• Negative Sentiment: Uber’s head of safety is departing amid an executive shakeup, which could concern investors focused on governance and operational continuity. Safety Chief Departure
• Negative Sentiment: Insider selling: General Counsel Tony West sold 3,125 shares on Dec. 18 — isolated insider sales aren’t uncommon but can add to negative sentiment when combined with other headwinds. Tony West Insider Sale
• Negative Sentiment: Technical analysts flagged a break of support, prompting “meltdown” headlines; technical weakness can amplify selling flows from momentum and quant funds. Technical Weakness

Insider Buying and Selling at Uber Technologies

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 transaction of $519,255.00. Following the completion of the transaction, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Dara Khosrowshahi sold 150,000 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $100.48, for a total transaction of $15,072,000.00. Following the completion of the sale, the chief executive officer directly owned 982,544 shares in the company, valued at approximately $98,726,021.12. The trade was a 13.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 264,875 shares of company stock valued at $26,458,818. 3.84% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Arete Research set a $125.00 price objective on Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Cantor Fitzgerald upped their price target on Uber Technologies from $107.00 to $108.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Susquehanna reaffirmed a “positive” rating and set a $110.00 target price on shares of Uber Technologies in a report on Wednesday, November 5th. Barclays decreased their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Finally, BMO Capital Markets lowered their price objective 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $108.43.

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.