21,352 Shares of Uber Technologies, Inc. $UBER Bought by Harold Davidson & Associates Inc.

Harold Davidson & Associates Inc. purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 21,352 shares of the ride-sharing company’s stock, valued at approximately $1,463,000. Uber Technologies makes up 0.6% of Harold Davidson & Associates Inc.’s investment portfolio, making the stock its 28th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the business. Public Investment Fund acquired a new stake in Uber Technologies during the second quarter worth $5,256,173,439. Legal & General Group Plc purchased a new stake in Uber Technologies in the second quarter valued at $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Uber Technologies in the 2nd quarter valued at $752,151,000. Baird Financial Group Inc. grew its holdings in shares of Uber Technologies by 64.4% during the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock worth $656,609,000 after purchasing an additional 3,564,073 shares during the period. Finally, Fundsmith LLP purchased a new position in shares of Uber Technologies during the 2nd quarter worth $645,338,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Scotiabank began coverage on shares of Uber Technologies in a report on Wednesday, September 9th. They issued a “sector outperform” rating and a $100.00 price objective on the stock. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, October 6th. KeyCorp lowered their target price 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. Mizuho set a $112.00 price target on shares of Uber Technologies in a research report on Thursday, August 6th. Finally, Jefferies Financial Group boosted their price target 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-three have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $102.86.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: UBS maintains a Buy rating. UBS lowered its price target to $106 from $110, but the revised target still implies approximately 59% upside from the referenced share price. The continuing Buy recommendation signals confidence in Uber’s long-term growth, cash generation and competitive position. UBS Adjusts Price Target on Uber Technologies to $106 From $110, Keeps Buy Rating
• Positive Sentiment: Wall Street still sees substantial upside ahead of earnings. Analysts broadly expect continued revenue growth and remain constructive on Uber’s cash flow and market position, with consensus estimates suggesting roughly 58% upside. Uber Heads Into Q3 With Wall Street Seeing 58% Upside
• Positive Sentiment: Uber is expanding its financial-services capabilities. A pilot involving Uber, HSBC, Franklin Templeton, Tradeweb and Fireblocks demonstrated around-the-clock enterprise treasury and embedded-finance applications. The initiative could create longer-term strategic value, although it is not yet a major earnings driver. Uber Helped Scale Embedded Finance
• Neutral Sentiment: Earnings expectations are mixed. Analysts reportedly expect third-quarter earnings of about $0.86 per share, broadly consistent with Uber’s $0.84–$0.88 guidance, but well below the unusually high $3.11 reported a year earlier. Revenue growth and the company’s outlook will likely be more important than the year-over-year EPS comparison. UBER Stock Forecast Ahead of Q3 Earnings
• Negative Sentiment: Technical performance remains weak ahead of the report. Uber has been underperforming before earnings and is trading below its key moving averages, increasing the risk of volatility if results or guidance disappoint. Uber Stock Underperforming Ahead of Earnings

Insider Buying and Selling

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

Uber Technologies Stock Performance

NYSE UBER opened at $66.62 on Tuesday. 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 cap of $136.07 billion, a P/E ratio of 14.64, a P/E/G ratio of 5.58 and a beta of 1.27. The stock has a 50-day moving average of $70.96 and a two-hundred day moving average of $73.34. Uber Technologies, Inc. has a 1-year low of $64.04 and a 1-year high of $100.35.

Uber Technologies (NYSE:UBER) last issued its quarterly 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. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the company earned $0.60 earnings per share. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 3.20 EPS 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.