ProShare Advisors LLC Lowers Stock Position in Uber Technologies, Inc. $UBER

ProShare Advisors LLC trimmed its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 1.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 380,871 shares of the ride-sharing company’s stock after selling 7,383 shares during the quarter. ProShare Advisors LLC’s holdings in Uber Technologies were worth $37,314,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of UBER. Brant Point Investment Management LLC bought a new stake in Uber Technologies during the second quarter valued at about $933,000. Spirepoint Private Client LLC raised its holdings 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 worth $7,331,000 after purchasing an additional 13,454 shares in the last quarter. Econ Financial Services Corp purchased a new stake in shares of Uber Technologies during the third quarter valued at about $1,538,000. Transcendent Capital Group LLC purchased a new stake in shares of Uber Technologies during the third quarter valued at about $1,859,000. Finally, Munro Partners bought a new stake in shares of Uber Technologies in the 2nd quarter valued at about $96,294,000. Institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

Analyst Ratings Changes

Several research firms recently commented on UBER. Roth Mkm set a $105.00 price objective on shares of Uber Technologies in a research note on Thursday. Cantor Fitzgerald cut their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research report on Tuesday, February 3rd. Finally, Wolfe Research dropped their target price on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $104.89.

Check Out Our Latest Research Report on Uber Technologies

Insider Buying and Selling

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,875 shares of company stock valued at $1,319,130 over the last three months. 3.70% of the stock is currently owned by insiders.

Uber Technologies Stock Performance

Shares of UBER stock opened at $73.93 on Tuesday. The business has a fifty day moving average of $82.82 and a 200 day moving average of $89.58. 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 0.38, a current ratio of 1.14 and a quick ratio of 1.15. The firm has a market capitalization of $153.61 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 6.32 and a beta of 1.21.

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

Uber Technologies Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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