Uber Technologies, Inc. $UBER Stake Boosted by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 41.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,767 shares of the ride-sharing company’s stock after acquiring an additional 36,437 shares during the quarter. Uber Technologies makes up 2.1% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s portfolio, making the stock its 20th biggest holding. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Uber Technologies were worth $8,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of UBER. Onyx Bridge Wealth Group LLC increased its holdings in Uber Technologies by 6.6% in the third quarter. Onyx Bridge Wealth Group LLC now owns 9,376 shares of the ride-sharing company’s stock worth $642,000 after buying an additional 584 shares during the last quarter. Banque Pictet & Cie SA raised its position in Uber Technologies by 33.6% during the third quarter. Banque Pictet & Cie SA now owns 663,775 shares of the ride-sharing company’s stock valued at $45,475,000 after acquiring an additional 166,923 shares in the last quarter. James T. Borello RIA bought a new position in Uber Technologies during the third quarter valued at approximately $40,000. Jacobs & Co. CA lifted its stake in Uber Technologies by 0.4% in the third quarter. Jacobs & Co. CA now owns 150,963 shares of the ride-sharing company’s stock valued at $10,342,000 after acquiring an additional 650 shares during the last quarter. Finally, ANB Bank lifted its stake in Uber Technologies by 5.2% in the third quarter. ANB Bank now owns 7,626 shares of the ride-sharing company’s stock valued at $522,000 after acquiring an additional 379 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the sale, the insider directly owned 149,525 shares in the company, valued at $10,662,627.75. This represents a 15.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Andrew Macdonald purchased 70,000 shares of Uber Technologies stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the transaction, the insider owned 426,320 shares in the company, valued at $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is owned by corporate insiders.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: London legal victory reduces risk: Uber said two lawsuits brought by London black-cab drivers and former private-hire companies were dismissed. The decision could remove potential damages and licensing-related uncertainty. Uber Secures Dismissal of £340 Million London Taxi Lawsuits
• Positive Sentiment: Advertising expansion adds a potential growth stream: Uber is partnering with TripleLift to extend advertising beyond its apps using first-party mobility and delivery data. The initiative could improve monetization and diversify revenue beyond rides and deliveries. Uber Technologies Launches Offsite Advertising Using Its First Party Data
• Positive Sentiment: Earnings expectations remain supportive: Analysts point to Uber’s history of exceeding estimates and believe the company has conditions for another potential earnings beat. However, this is an expectation rather than a new company announcement. Will Uber Beat Estimates Again in Its Next Earnings Report?

Wall Street Analyst Weigh In

Several research firms have commented on UBER. UBS Group reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, September 8th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Wednesday, October 7th. Wedbush restated an “outperform” rating and set a $91.00 price target on shares of Uber Technologies in a report on Tuesday, September 8th. KeyCorp reduced their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $90.00 price objective on shares of Uber Technologies in a report on Monday, October 12th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $103.11.

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $69.92 on Tuesday. The firm has a fifty day simple moving average of $72.94 and a 200-day simple moving average of $72.90. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $100.35. The stock has a market capitalization of $142.81 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 6.01 and a beta of 1.27.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same period in the prior year, the company earned $0.60 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, sell-side analysts expect that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.

Uber Technologies Profile

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.