Uber Technologies, Inc. $UBER Shares Purchased by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 27.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 840,433 shares of the ride-sharing company’s stock after acquiring an additional 183,562 shares during the period. Uber Technologies comprises approximately 0.9% of Mediolanum International Funds Ltd’s investment portfolio, making the stock its 14th largest position. Mediolanum International Funds Ltd’s holdings in Uber Technologies were worth $83,682,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in UBER. Brant Point Investment Management LLC bought a new stake in Uber Technologies in the 2nd quarter valued at $933,000. Spirepoint Private Client LLC raised its stake in shares of Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after acquiring an additional 13,454 shares during the last quarter. Econ Financial Services Corp acquired a new position in Uber Technologies during the 3rd quarter worth $1,538,000. Munro Partners acquired a new position in shares of Uber Technologies during the second quarter valued at $96,294,000. Finally, Prudential PLC lifted its position in Uber Technologies by 15.7% during the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock valued at $20,233,000 after purchasing an additional 29,359 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders sold 14,875 shares of company stock valued at $1,319,130. Insiders own 3.84% of the company’s stock.

Uber Technologies Stock Down 2.0%

UBER stock opened at $80.07 on Friday. The business has a 50-day simple moving average of $83.95 and a 200 day simple moving average of $90.21. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a market cap of $166.37 billion, a PE ratio of 10.29 and a beta of 1.20.

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

Uber Technologies News Summary

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

• Positive Sentiment: Large autonomous-vehicle commitments: Uber is committing up to $250M to Waabi, which raised $750M, and plans to source many future robotaxis from Waabi’s platform — a sign Uber is investing in an off-balance-sheet route to scale autonomous ride volume. Uber’s new plan to deploy 25,000 robotaxis will come from an autonomous trucking company
• Positive Sentiment: Strategic OEM & chip partnerships: Mercedes and NVIDIA are partnering with Uber on large-scale, premium S‑Class Level‑4 robotaxis, validating Uber’s AV ambitions and giving possible scale and tech credibility. This can support long-term TAM expansion and revenue optionality. Mercedes, NVIDIA and Uber Team Up to Build S-Class Robotaxis
• Positive Sentiment: Analyst sentiment trending favorable: Some aggregator/analyst commentary shows bullish tilt (TipRanks trending StrongBuy), which can limit downside if earnings don’t materially disappoint. Uber Technologies Stock Forecast: Trending StrongBuy Among Analysts
• Neutral Sentiment: Pre-earnings focus on execution metrics: Analysts are digging beyond revenue and EPS into margins, adjusted metrics and segment KPIs ahead of Uber’s quarterly report next week — results could cause short-term volatility either way. Countdown to Uber (UBER) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Mixed analyst/coverage views: Some bullish write-ups praise revenue and user growth but flag valuation, keeping a cautious “hold” tone that moderates upside expectations. Uber Technologies: This Ride Has Exceeded My Expectations
• Negative Sentiment: Regulatory / worker-pay settlement: Uber Eats agreed to pay about $3.5M in restitution and penalties in NYC over delivery worker pay — a modest direct hit but a reminder of ongoing regulatory and labor compliance costs. Uber Eats Ordered to Pay $3.5 Million Over NYC Delivery Worker Pay
• Negative Sentiment: Legal and reputational exposure: A jury awarded $19M in a lawsuit versus Uber, and a federal trial has drawn testimony about frequent rider reports of sexual assault — these items raise legal costs and reputational risk that could pressure sentiment near term. Jury Awards Former NHL Player Brandon Crawley $19 Million in Lawsuit Against Uber Technologies, Inc. At Uber trial, expert says riders reported rape every day in 2024

Wall Street Analyst Weigh In

UBER has been the topic of several analyst reports. Stifel Nicolaus cut their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday. BNP Paribas Exane initiated coverage on shares of Uber Technologies in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 price objective on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Truist Financial lifted their target price on Uber Technologies from $96.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Barclays lowered their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $107.50.

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.