WoodTrust Financial Corp reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 26.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,500 shares of the ride-sharing company’s stock after selling 6,800 shares during the quarter. WoodTrust Financial Corp’s holdings in Uber Technologies were worth $1,812,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in UBER. Westend Capital Management LLC purchased a new stake in shares of Uber Technologies in the third quarter worth approximately $27,000. Kilter Group LLC purchased a new stake in Uber Technologies in the 2nd quarter valued at $26,000. West Oak Capital LLC bought a new position in Uber Technologies during the 2nd quarter valued at $28,000. Trust Co. of Toledo NA OH purchased a new position in Uber Technologies during the 2nd quarter worth $30,000. Finally, Total Investment Management Inc. bought a new stake in shares of Uber Technologies in the 2nd quarter worth $32,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: BNP Paribas/Exane initiated coverage and upgraded Uber to a strong‑buy / began coverage — institutional attention and a bullish research view can drive demand and support the stock. TickerReport Coverage
- Positive Sentiment: Kroger partnership: nearly 2,700 Kroger stores are now available on Uber Eats, Uber and Postmates — expands grocery delivery footprint, ups take rates and order density for delivery economics. PR Newswire: Kroger Launch
- Positive Sentiment: Analyst support continues: BTIG reaffirmed a Buy with a $100 price target and other firms (Mizuho, others) remain bullish — helps near‑term sentiment and can sustain buying interest. Benzinga Analyst Note
- Neutral Sentiment: Coverage pieces and bullish writeups (Zacks, Motley Fool, Seeking Alpha) pitch Uber as a growth/value opportunity given recent selloffs and emerging tech tailwinds — these amplify the bull case but don’t add new operational data. Zacks Growth Score
- Neutral Sentiment: Strategic wins abroad: reporting on Uber’s Japan push (NYT feature) highlights long‑term TAM expansion but benefits will accrue gradually and depend on local execution. NYT: Japan Strategy
- Negative Sentiment: Labor/reputation/legal pressure: NYC alleges DoorDash/Uber shorted drivers on ~$550M in tips — potential for fines, tighter regulation and PR damage that can increase operating costs and complicate driver relations. Bloomberg Law: Tip Allegation
- Negative Sentiment: Criticism of ballot initiative: LA Times op‑ed accuses Uber of pushing a consumer‑facing ballot measure that mainly protects company economics — could complicate public perception and local regulatory fights. LA Times Opinion
Insider Activity at Uber Technologies
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. TD Cowen increased their price objective on shares of Uber Technologies from $108.00 to $114.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Wolfe Research dropped their target price on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. BNP Paribas started coverage on Uber Technologies in a report on Wednesday. They issued an “outperform” rating and a $108.00 target price for the company. Finally, UBS Group set a $122.00 price target on Uber Technologies and gave the company a “buy” rating in a research report on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $107.18.
Read Our Latest Stock Analysis on UBER
Uber Technologies Stock Performance
Shares of UBER opened at $84.90 on Friday. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year 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. The stock’s fifty day moving average price is $85.59 and its two-hundred day moving average price is $91.10. The firm has a market cap of $176.41 billion, a PE ratio of 10.91 and a beta of 1.20.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping the consensus estimate of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. During the same quarter last year, the firm posted $1.20 EPS. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, equities research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.
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.
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