Vise Technologies Inc. boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.9% in the third quarter, HoldingsChannel reports. The fund owned 141,800 shares of the ride-sharing company’s stock after buying an additional 7,937 shares during the quarter. Vise Technologies Inc.’s holdings in Uber Technologies were worth $9,715,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of UBER. Dunhill Financial LLC purchased a new stake in shares of Uber Technologies in the second quarter worth approximately $28,000. William Mack & Associates Inc. acquired a new stake in shares of Uber Technologies during the third quarter worth approximately $28,000. Elevation Wealth Partners LLC grew its position in Uber Technologies by 209.8% during the second quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 277 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in Uber Technologies during the second quarter valued at approximately $29,000. Finally, Balance Wealth Partners LLC purchased a new position in Uber Technologies during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insider Transactions at Uber Technologies
In other Uber Technologies news, CEO Dara Khosrowshahi acquired 141,000 shares of Uber Technologies stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the purchase, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction 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 completion of the sale, the insider owned 149,525 shares of the company’s stock, valued at $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is currently owned by company insiders.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Halloween is expected to generate unusually strong ride-hailing demand, potentially supporting fourth-quarter Mobility bookings and driver activity. The busiest day of the year for Uber and Lyft drivers is almost here
- Positive Sentiment: Uber’s Delivery business continues to expand, with reported delivery bookings growth of 26% and new or expanded relationships involving Key Food, Costco and ezCater. These initiatives could strengthen its grocery and business-to-business delivery presence. How New Rules And Robotaxi Pressure At Uber Technologies Has Changed Its Investment Story
- Positive Sentiment: Wall Street expects another quarter of growth from Mobility and Delivery, while the company’s previous quarter slightly exceeded earnings-per-share expectations. UBER Stock: Here’s What to Expect From Uber’s Q3 Earnings Report
- Neutral Sentiment: Uber is approaching its Q3 2026 earnings report, with investors focused on gross bookings, take rate, margins, Delivery trends and management’s autonomous-vehicle strategy. Expectations call for solid operating growth, but the results could produce significant volatility. Ahead of Uber Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Negative Sentiment: Regulatory risks are increasing. A planned U.K. VAT change could raise rider prices and reduce competitiveness, while the FTC is seeking information on how personal data affects pricing and driver compensation. Why Is Uber Technologies Facing New UK Tax And FTC Pressure?
- Negative Sentiment: Uber and other delivery platforms are challenging a New York City law concerning delivery-worker deactivation, adding litigation uncertainty and potential compliance costs. Amazon, Uber, Instacart sue to block NYC law over delivery worker deactivation
- Negative Sentiment: DoorDash’s agreement to acquire Instacart for approximately $17 billion highlights intensifying competition in U.S. food delivery, where Uber Eats is reportedly losing app users. Autonomous-vehicle partnerships also raise concerns that robotaxis could eventually weaken Uber’s core ride-hailing economics. Fewer Americans are opening Uber Eats as DoorDash pulls ahead
Wall Street Analyst Weigh In
Several research firms have weighed in on UBER. Evercore reiterated an “outperform” rating and issued a $150.00 price objective on shares of Uber Technologies in a research note on Wednesday, August 5th. Jefferies Financial Group lifted their target price 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. Wells Fargo & Company boosted their price target on shares of Uber Technologies from $89.00 to $92.00 and gave the company an “overweight” rating in a report on Monday, October 5th. Wedbush reaffirmed an “outperform” rating and issued a $91.00 price target on shares of Uber Technologies in a research note on Tuesday, September 8th. Finally, UBS Group reiterated a “buy” rating on shares of Uber Technologies in a report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $102.97.
Check Out Our Latest Stock Analysis on Uber Technologies
Uber Technologies Trading Down 0.1%
NYSE:UBER opened at $65.16 on Monday. The stock’s 50 day moving average price is $71.21 and its 200 day moving average price is $73.44. Uber Technologies, Inc. has a 52 week low of $64.04 and a 52 week high of $100.35. The company has a market capitalization of $133.09 billion, a P/E ratio of 14.32, a P/E/G ratio of 6.24 and a beta of 1.33. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion for 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 company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts forecast that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal 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.
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