Uber Technologies, Inc. $UBER Stake Boosted by Wedmont Private Capital

Wedmont Private Capital increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 47.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 36,464 shares of the ride-sharing company’s stock after acquiring an additional 11,799 shares during the period. Wedmont Private Capital’s holdings in Uber Technologies were worth $2,561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Public Investment Fund purchased a new position in shares of Uber Technologies during the 2nd quarter worth approximately $5,256,173,439. Legal & General Group Plc purchased a new position in shares of Uber Technologies in the 2nd quarter valued at approximately $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Uber Technologies during the second quarter valued at approximately $752,151,000. Fundsmith LLP bought a new stake in shares of Uber Technologies during the second quarter valued at approximately $645,338,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Uber Technologies in the second quarter worth $426,727,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on UBER. Wells Fargo & Company increased their price objective on Uber Technologies from $89.00 to $92.00 and gave the stock an “overweight” rating in a report on Monday. Barclays dropped their target price on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Tigress Financial increased their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Evercore reissued an “outperform” rating and set a $150.00 price target on shares of Uber Technologies in a research report on Wednesday, August 5th. Finally, Bank of America dropped their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $103.11.

Uber Technologies Price Performance

UBER opened at $71.47 on Friday. The firm has a market cap of $145.98 billion, a PE ratio of 15.71, a P/E/G ratio of 5.72 and a beta of 1.27. The stock has a 50-day moving average price of $73.17 and a 200-day moving average price of $72.94. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $100.35. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The company had revenue of $14.19 billion for 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%. Uber Technologies’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 3.35 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the sale, the insider owned 149,525 shares in the company, valued at $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Dara Khosrowshahi purchased 141,000 shares of Uber Technologies stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the transaction, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This represents 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 News Roundup

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

• Positive Sentiment: Uber agreed to acquire ezCater, a profitable corporate-catering marketplace, for approximately $2.3 billion in cash. The deal could strengthen Uber for Business, add higher-value orders—ezCater’s average order reportedly exceeds $400—and diversify revenue beyond consumer rides and restaurant meals. Deal Dispatch: Uber Buys ezCater For $2.3B
• Positive Sentiment: Analysts and financial commentators described the ezCater purchase as a potentially smart margin and growth move, while Uber’s CFO argued that acquisitions can accelerate expansion more effectively than building new businesses internally. Uber’s ezCater Acquisition Looks Like a Smart Move
• Positive Sentiment: Uber Eats expanded its marketplace through a partnership with Sur La Table, adding cookware, appliances, kitchen tools and other products for on-demand and scheduled delivery. The move supports Uber’s broader strategy of becoming a multipurpose local-commerce platform. Sur La Table Arrives on Uber Eats
• Positive Sentiment: Uber and Pony.ai plan to begin testing Gen-7 autonomous vehicles in London, advancing Uber’s partnership-led robotaxi strategy and its goal of expanding autonomous ride-hailing into multiple global cities. Uber and Pony.ai Plan London Robotaxis
• Neutral Sentiment: Citizens JMP reaffirmed an “Market Outperform” rating. Uber’s trailing operating margin reached 12.1%, its strongest level in five years, but investors are evaluating whether the improvement can persist.
• Negative Sentiment: The ezCater transaction requires a substantial cash outlay and has prompted scrutiny of Uber’s acquisition strategy. Commentary also noted that strong operational growth has been offset by softer guidance, while the company’s year-to-date performance remains under pressure.

Uber Technologies Profile

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.