Integrated Wealth Concepts LLC Trims Holdings in Uber Technologies, Inc. $UBER

Integrated Wealth Concepts LLC trimmed its holdings in Uber Technologies, Inc. (NYSE:UBER) by 11.8% in the 2nd quarter, Holdings Channel reports. The fund owned 85,963 shares of the ride-sharing company’s stock after selling 11,504 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Uber Technologies were worth $6,203,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

UBER has been the topic of several analyst reports. Jefferies Financial Group boosted their target price on Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, August 10th. BMO Capital Markets set a $119.00 price target on Uber Technologies in a report on Thursday, September 3rd. Roth Capital lowered their price target on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Wedbush reiterated an “outperform” rating and issued a $91.00 price target on shares of Uber Technologies in a research note on Tuesday. Finally, Barclays cut their price objective on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $103.03.

Uber Technologies News Summary

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

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $71.64 on Friday. The stock’s 50-day simple moving average is $73.95 and its 200-day simple moving average is $73.60. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The company 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. 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 released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. The firm 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 firm’s revenue 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, analysts expect that Uber Technologies, Inc. will post 3.45 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Andrew Macdonald bought 70,000 shares of the stock in a transaction dated Friday, September 4th. The shares were purchased at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the acquisition, the insider owned 426,320 shares of the company’s stock, valued at $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Dara Khosrowshahi bought 141,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the acquisition, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at approximately $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 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.