Andrew Macdonald Purchases 70,000 Shares of Uber Technologies (NYSE:UBER) Stock

Uber Technologies, Inc. (NYSE:UBER) insider Andrew Macdonald purchased 70,000 shares of the company’s stock in a transaction on Friday, September 4th. The shares were purchased at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the transaction, the insider directly owned 426,320 shares in the company, valued at $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $75.75 on Tuesday. The company’s fifty day simple moving average is $74.05 and its two-hundred day simple moving average is $73.63. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The firm has a market cap of $154.72 billion, a PE ratio of 16.65, a price-to-earnings-growth ratio of 6.00 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 3.45 EPS for the current year.

Analyst Upgrades and Downgrades

UBER has been the subject of several research analyst reports. Wedbush assumed coverage on Uber Technologies in a report on Thursday, July 16th. They issued an “outperform” rating and a $91.00 price objective for the company. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. BTIG Research restated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a report on Thursday, September 3rd. Jefferies Financial Group raised their price target on Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.49.

Institutional Trading of Uber Technologies

Large investors have recently bought and sold shares of the company. California State Teachers Retirement System grew its holdings in shares of Uber Technologies by 6,342.7% during the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock worth $14,395,651,000 after acquiring an additional 196,399,787 shares during the period. Capital Research Global Investors lifted its stake in shares of Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. Public Investment Fund bought a new stake in shares of Uber Technologies during the second quarter valued at approximately $5,256,173,439. Geode Capital Management LLC boosted its position in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares in the last quarter. Finally, Norges Bank purchased a new stake in Uber Technologies in the fourth quarter worth $2,515,094,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber launched supervised autonomous rides in London with Wayve and Ford, reinforcing an asset-light strategy in which Uber provides the platform and customer demand while partners supply vehicle and autonomous-driving technology. Strong free cash flow and improving EBITDA margins support the investment case. Uber’s Wayve Deal Shows How It Wants to Win Without Building Cars
• Positive Sentiment: The Wayve partnership and broader autonomous-vehicle expansion could create a long-term growth avenue without requiring Uber to manufacture cars, while analysts maintain a moderately positive consensus. Uber and Wayve Launch UK’s First Supervised Robotaxi Rides
• Positive Sentiment: Uber is reportedly moving closer to acquiring Delivery Hero’s food-delivery assets. The deal could strengthen Uber’s delivery scale and complement strong bookings and autonomous-vehicle initiatives, though financing and integration remain important considerations. Is UBER Stock a Buy as It Closes in on Delivery Hero Buyout?

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.