Uber Technologies, Inc. $UBER Stock Bought by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 41.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 124,767 shares of the ride-sharing company’s stock after acquiring an additional 36,437 shares during the quarter. Uber Technologies makes up about 2.1% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s investment portfolio, making the stock its 20th largest position. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Uber Technologies were worth $8,548,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies in the fourth quarter valued at about $25,000. Portus Wealth Advisors LLC acquired a new stake in Uber Technologies in the first quarter worth about $25,000. Dunhill Financial LLC bought a new stake in Uber Technologies during the 2nd quarter worth about $28,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in Uber Technologies during the 2nd quarter worth about $29,000. Finally, Elevation Wealth Partners LLC boosted its stake in shares of Uber Technologies by 209.8% in the 2nd 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 during the last quarter. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: London legal victory reduces risk: Uber said two lawsuits brought by London black-cab drivers and former private-hire companies were dismissed. The decision could remove potential damages and licensing-related uncertainty. Uber Secures Dismissal of £340 Million London Taxi Lawsuits
• Positive Sentiment: Advertising expansion adds a potential growth stream: Uber is partnering with TripleLift to extend advertising beyond its apps using first-party mobility and delivery data. The initiative could improve monetization and diversify revenue beyond rides and deliveries. Uber Technologies Launches Offsite Advertising Using Its First Party Data
• Positive Sentiment: Earnings expectations remain supportive: Analysts point to Uber’s history of exceeding estimates and believe the company has conditions for another potential earnings beat. However, this is an expectation rather than a new company announcement. Will Uber Beat Estimates Again in Its Next Earnings Report?

Uber Technologies Trading Down 0.6%

NYSE:UBER opened at $69.92 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $100.35. The firm has a market capitalization of $142.81 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 6.01 and a beta of 1.27. The business’s 50-day moving average price is $72.94 and its two-hundred day moving average price is $72.90.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for 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 company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.

Wall Street Analyst Weigh In

UBER has been the subject of several analyst reports. Barclays lowered their price target on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Evercore reissued an “outperform” rating and set a $150.00 price target on shares of Uber Technologies in a research note on Wednesday, August 5th. The Goldman Sachs Group set a $100.00 price objective on shares of Uber Technologies in a report on Monday, June 29th. BMO Capital Markets set a $119.00 price objective on shares of Uber Technologies in a research note on Thursday, September 3rd. Finally, Rosenblatt Securities began coverage on shares of Uber Technologies in a research note on Tuesday, September 1st. They issued a “buy” rating and a $100.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $103.11.

Insider Activity at Uber Technologies

In other news, insider Andrew Macdonald purchased 70,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were acquired at an average cost of $75.83 per share, for a total transaction 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. The trade was a 19.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Dara Khosrowshahi acquired 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, for a total transaction of $10,005,360.00. Following the purchase, the chief executive officer directly owned 1,367,100 shares in the company, valued at $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. 3.81% of the stock is currently owned by corporate insiders.

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.