Uber Technologies, Inc. $UBER Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 6.7% during the second quarter, Holdings Channel.com reports. The firm owned 355,500 shares of the ride-sharing company’s stock after purchasing an additional 22,320 shares during the quarter. QRG Capital Management Inc.’s holdings in Uber Technologies were worth $25,653,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies in the first quarter valued at approximately $25,000. Gould Capital LLC grew its holdings in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after acquiring an additional 245 shares during the period. Finally, Dunhill Financial LLC acquired a new position in Uber Technologies during the second quarter worth $28,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Andrew Macdonald bought 70,000 shares of the business’s stock in a transaction on Friday, September 4th. The stock was bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares in the company, valued at approximately $32,327,845.60. The trade was a 19.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the sale, the insider directly owned 149,525 shares in the company, valued at $10,662,627.75. This trade represents a 15.85% decrease in their position. The SEC filing for this sale provides additional information. 3.81% of the stock is owned by corporate insiders.

Uber Technologies Price Performance

UBER traded down $0.47 during trading on Wednesday, reaching $69.42. 17,974,823 shares of the stock were exchanged, compared to its average volume of 19,350,664. The business’s 50 day moving average price is $73.58 and its two-hundred day moving average price is $73.44. 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 company has a market capitalization of $141.80 billion, a price-to-earnings ratio of 15.26, a P/E/G ratio of 5.77 and a beta of 1.16. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.29.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts anticipate that Uber Technologies, Inc. will post 3.35 earnings per share for the current year.

Key Uber Technologies News

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

• Positive Sentiment: Strong underlying business performance supports the valuation. Uber’s second-quarter gross bookings reportedly increased 22% in constant currency, while trailing free cash flow surpassed $10 billion. The company’s diversified rides, delivery, and freight operations may make the recent market-value decline look excessive to value-oriented investors. Here is Why Uber Is a Good Investment at Today’s Price
• Positive Sentiment: Delivery Hero deal is progressing. Delivery Hero’s boards have recommended Uber’s approximately $15 billion offer, potentially expanding Uber’s delivery platform to 99 markets. Analysts view the transaction as a way to increase global scale and logistics opportunities, though it still requires regulatory approvals. Why Is Uber Back in Focus After Its Deal Progress?
• Positive Sentiment: Uber Freight is investing in European growth. A new Krakow hub and a reported multi-year commitment are intended to expand Uber Freight’s fourth-party logistics capabilities across Europe, supporting longer-term diversification beyond ridesharing. Uber Freight Makes a Significant Multi-Year Bet on Europe
• Neutral Sentiment: The Delivery Hero transaction faces regulatory scrutiny. Uber has filed for regulatory review, and South Korean antitrust authorities are examining the proposed acquisition. Approval could unlock growth, but delays, conditions, or a blocked deal would reduce the expected benefits. Uber’s Delivery Hero Deal Faces Korean Antitrust Scrutiny
• Negative Sentiment: Robotaxi competition is the main source of investor anxiety. Tesla, Waymo, and Zoox are expanding autonomous-ride efforts, raising concerns that cheaper driverless services could pressure Uber’s pricing, market share, and long-term margins. Uber is responding with a reported $10 billion autonomous-vehicle investment and a revised strategy, but the payoff remains uncertain. Robotaxi Competition Revs Up as Uber Invests in Autonomous Vehicles
• Negative Sentiment: Operational and legal concerns add near-term uncertainty. Uber is responding to allegations involving account sharing and rideshare fraud at Dallas-Fort Worth Airport, while the market is also monitoring insider trading activity and the company’s decision not to pursue a full Grab acquisition. These issues are less material than the robotaxi threat but may contribute to cautious sentiment. Uber Responds to Investigation Into Alleged Account Sharing and Fraud

Analysts Set New Price Targets

A number of research firms have commented on UBER. Tigress Financial raised their target price on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, June 12th. Sanford C. Bernstein lowered their price target on shares of Uber Technologies from $110.00 to $95.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Rosenblatt Securities initiated coverage on shares of Uber Technologies in a report on Tuesday, September 1st. They issued a “buy” rating and a $100.00 price target for the company. Scotiabank initiated coverage on shares of Uber Technologies in a report on Wednesday, September 9th. They issued a “sector outperform” rating and a $100.00 price target for the company. Finally, Jefferies Financial Group raised their price objective on shares of Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $103.03.

Uber Technologies Profile

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.