Avity Investment Management Inc. Purchases 8,053 Shares of Uber Technologies, Inc. $UBER

Avity Investment Management Inc. raised its position in Uber Technologies, Inc. (NYSE:UBER) by 4.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 198,893 shares of the ride-sharing company’s stock after buying an additional 8,053 shares during the period. Avity Investment Management Inc.’s holdings in Uber Technologies were worth $13,626,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. BIP Wealth LLC acquired a new position in shares of Uber Technologies in the 2nd quarter worth approximately $1,033,000. Pacer Advisors Inc. raised its position in shares of Uber Technologies by 23.7% during the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock valued at $370,641,000 after acquiring an additional 985,989 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Uber Technologies by 6.1% during the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock worth $37,025,000 after purchasing an additional 29,587 shares during the last quarter. Weiss Asset Management LP boosted its holdings in Uber Technologies by 465.5% in the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock worth $4,497,000 after purchasing an additional 51,465 shares during the period. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in Uber Technologies in the fourth quarter worth $17,336,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

More Uber Technologies News

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.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on UBER. Rosenblatt Securities assumed coverage on shares of Uber Technologies in a report on Tuesday, September 1st. They set a “buy” rating and a $100.00 target price on the stock. Roth Capital decreased their price target on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research report on Wednesday, September 30th. Arete Research set a $74.00 price objective on shares of Uber Technologies and gave the stock a “neutral” rating in a research note on Thursday, September 10th. Finally, 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 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $103.11.

Uber Technologies Stock Performance

Shares of Uber Technologies stock traded up $1.23 during trading on Friday, hitting $71.47. 16,542,579 shares of the stock were exchanged, compared to its average volume of 19,087,076. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $100.35. The stock’s fifty day moving average is $73.15 and its 200 day moving average is $72.95. The stock has a market cap of $145.98 billion, a PE ratio of 15.71, a P/E/G ratio of 5.57 and a beta of 1.27.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating 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 firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same period last year, the firm posted $0.60 EPS. Uber Technologies’s quarterly revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 3.35 EPS for the current year.

Insider Activity

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 acquired at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares in the company, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Dara Khosrowshahi acquired 141,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the acquisition, the chief executive officer directly owned 1,367,100 shares in the company, valued at approximately $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. Corporate insiders own 3.81% of the company’s stock.

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.