Corient Private Wealth LP Sells 180,706 Shares of Uber Technologies, Inc. $UBER

Corient Private Wealth LP trimmed its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 12.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,310,839 shares of the ride-sharing company’s stock after selling 180,706 shares during the period. Corient Private Wealth LP’s holdings in Uber Technologies were worth $94,590,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the third quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the 4th quarter worth about $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies in the 4th quarter worth about $25,000. Imprint Wealth LLC purchased a new position in Uber Technologies during the 3rd quarter valued at about $32,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies during the 4th quarter valued at about $27,000. Hedge funds and other 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:

• Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96, increasing his direct ownership by 11.5%. COO Andrew MacDonald also reportedly made substantial purchases, signaling management confidence in Uber’s valuation and long-term outlook. Uber insider buying article
• Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. Mapping and supervised testing of an initial 20-vehicle fleet in Madrid are expected to support a commercial launch by the end of 2026, strengthening Uber’s partner-based robotaxi strategy and potential European expansion. Reuters Spain autonomous vehicle permit article
• Positive Sentiment: A partnership with Wakefern adds more than 375 supermarkets to Uber Eats, expanding grocery delivery coverage and increasing exposure to recurring everyday purchases. Uber Wakefern grocery deal article
• Neutral Sentiment: Recent commentary comparing Uber with Grab highlights differing growth profiles and valuation trade-offs. Elevated call-option activity and favorable long-term analyst price targets show investor interest, but neither necessarily changes Uber’s near-term earnings outlook.
• Negative Sentiment: Arete Research downgraded Uber from “buy” to “neutral” and assigned a $74 price target. Although the target remains above recent levels, the downgrade may reinforce concerns that near-term upside is limited after the stock’s decline.
• Negative Sentiment: Uber drivers in Amsterdam sued, alleging that the company’s pay algorithm reduced earnings and violated privacy laws. The claims could increase regulatory scrutiny, legal costs and pressure to modify driver compensation. Amsterdam Uber driver lawsuit article
• Negative Sentiment: Local ride-hailing companies in Nigeria are positioning themselves as alternatives to Uber, underscoring competitive and market-share risks in one of Uber’s international markets. Nigeria ride-hailing competition article

Analysts Set New Price Targets

A number of equities research analysts have weighed in on UBER shares. Mizuho set a $112.00 price objective on shares of Uber Technologies in a report on Thursday, August 6th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a report on Tuesday, August 25th. Wells Fargo & Company reissued an “overweight” rating on shares of Uber Technologies in a research report on Wednesday, September 2nd. Piper Sandler restated an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. Finally, Barclays lowered their price objective on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $103.03.

Insider Buying and Selling at Uber Technologies

In related news, insider Andrew Macdonald bought 70,000 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the acquisition, the insider 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Dara Khosrowshahi bought 141,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the transaction, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This represents a 11.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Price Performance

NYSE UBER opened at $71.64 on Friday. The stock has a market capitalization of $146.32 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 5.74 and a beta of 1.16. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The business’s fifty day moving average price is $73.95 and its 200-day moving average price is $73.60.

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

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.