Uber Technologies, Inc. $UBER Stock Position Boosted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 14.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 288,494 shares of the ride-sharing company’s stock after buying an additional 36,886 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Uber Technologies were worth $19,765,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of UBER. Avion Wealth increased its position in shares of Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after acquiring an additional 145 shares in the last quarter. Frazier Financial Advisors LLC raised its holdings in shares of Uber Technologies by 8.5% during the first quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company’s stock worth $140,000 after acquiring an additional 152 shares during the period. Revisor Wealth Management LLC lifted its position in Uber Technologies by 3.5% in the 1st quarter. Revisor Wealth Management LLC now owns 4,587 shares of the ride-sharing company’s stock valued at $330,000 after acquiring an additional 153 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in Uber Technologies by 10.6% in the 2nd quarter. Cornerstone Planning Group LLC now owns 1,624 shares of the ride-sharing company’s stock valued at $114,000 after acquiring an additional 155 shares in the last quarter. Finally, CFS Investment Advisory Services LLC lifted its position in Uber Technologies by 6.1% in the 1st quarter. CFS Investment Advisory Services LLC now owns 2,733 shares of the ride-sharing company’s stock valued at $211,000 after acquiring an additional 156 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Uber Technologies news, insider Andrew Macdonald acquired 70,000 shares of Uber Technologies stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the purchase, the insider directly owned 426,320 shares in the company, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Dara Khosrowshahi acquired 141,000 shares of Uber Technologies stock in a transaction dated Thursday, September 10th. The shares were acquired at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the purchase, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 3.81% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER stock opened at $66.10 on Tuesday. The company’s fifty day simple moving average is $72.28 and its 200-day simple moving average is $73.94. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The firm has a market cap of $135.02 billion, a PE ratio of 14.53, a P/E/G ratio of 5.70 and a beta of 1.27. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $100.35.

Uber Technologies (NYSE:UBER) last released its 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 the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. 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. Equities research analysts expect that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on UBER shares. Piper Sandler reaffirmed an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. UBS Group reissued a “buy” rating on shares of Uber Technologies in a research note on Tuesday, September 8th. KeyCorp cut their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Cantor Fitzgerald restated an “overweight” rating and issued a $90.00 price target on shares of Uber Technologies in a report on Monday, October 12th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday, October 7th. Two equities research 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $103.11.

About Uber Technologies

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.