Sarasin & Partners LLP Invests $144.79 Million in Uber Technologies, Inc. $UBER

Sarasin & Partners LLP bought a new position in Uber Technologies, Inc. (NYSE:UBER) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,454,145 shares of the ride-sharing company’s stock, valued at approximately $144,789,000. Uber Technologies comprises about 1.4% of Sarasin & Partners LLP’s portfolio, making the stock its 27th biggest position. Sarasin & Partners LLP owned approximately 0.07% of Uber Technologies at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after buying an additional 3,025,483 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Uber Technologies by 2.6% in the second quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock worth $4,258,756,000 after buying an additional 1,168,288 shares during the period. Pershing Square Capital Management L.P. purchased a new position in shares of Uber Technologies in the first quarter worth approximately $2,207,743,000. Norges Bank acquired a new stake in shares of Uber Technologies during the second quarter valued at approximately $2,348,319,000. Finally, Kingstone Capital Partners Texas LLC raised its holdings in shares of Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after acquiring an additional 19,967,705 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $79.32 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. Uber Technologies, Inc. has a one year low of $59.75 and a one year high of $101.99. The business’s 50-day moving average price is $90.06 and its two-hundred day moving average price is $91.63. The company has a market capitalization of $164.81 billion, a P/E ratio of 10.20 and a beta of 1.19.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. The company had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The business’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the business earned $1.20 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on UBER. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Tuesday, October 28th. UBS Group set a $122.00 target price on Uber Technologies and gave the stock a “buy” rating in a research report on Wednesday, November 5th. TD Cowen lifted their price target on Uber Technologies from $108.00 to $114.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Morgan Stanley reduced their price objective on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, December 8th. Finally, Piper Sandler set a $107.00 target price on Uber Technologies in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $108.43.

Uber Technologies News Summary

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

• Positive Sentiment: Uber expanded its AV footprint by rolling out robotaxi rides in Dubai with partner WeRide, increasing early commercial exposure for Mobility and potentially accelerating future revenue mix diversification. AV Expansion in UAE
• Positive Sentiment: Bernstein/other sell‑side commentary argues investors have over‑discounted AV risks; at least one analyst raised Uber’s price target, framing the stock as an attractive entry if robotaxi fears ease — supportive for valuation. Analyst Note / MarketWatch
• Neutral Sentiment: Comparative coverage highlights that Serve Robotics (SERV) and Uber represent different autonomous delivery plays — useful context for investors but not an immediate stock mover for UBER. SERV vs UBER
• Neutral Sentiment: Institutional ownership remains high and several large funds recently adjusted positions — a reminder that blocks and index/ETF flows can affect volatility but don’t change fundamentals immediately. Institutional Holdings
• Negative Sentiment: Multiple states, counties and attorneys general have joined or filed suits alleging deceptive subscription/billing practices; growing litigation and potential remediation costs raise regulatory/legal risk and near‑term headline volatility. AG Nessel Lawsuit
• Negative Sentiment: Uber’s head of safety is departing amid an executive shakeup, which could concern investors focused on governance and operational continuity. Safety Chief Departure
• Negative Sentiment: Insider selling: General Counsel Tony West sold 3,125 shares on Dec. 18 — isolated insider sales aren’t uncommon but can add to negative sentiment when combined with other headwinds. Tony West Insider Sale
• Negative Sentiment: Technical analysts flagged a break of support, prompting “meltdown” headlines; technical weakness can amplify selling flows from momentum and quant funds. Technical Weakness

Insider Activity at Uber Technologies

In other news, insider Tony West sold 100,000 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $100.38, for a total transaction of $10,038,000.00. Following the transaction, the insider owned 171,558 shares in the company, valued at approximately $17,220,992.04. This trade represents a 36.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the sale, the chief financial officer owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 264,875 shares of company stock valued at $26,458,818. 3.84% of the stock is currently owned by corporate insiders.

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.