Uber Technologies, Inc. $UBER Position Decreased by LJI Wealth Management LLC

LJI Wealth Management LLC lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 66.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,944 shares of the ride-sharing company’s stock after selling 17,954 shares during the quarter. LJI Wealth Management LLC’s holdings in Uber Technologies were worth $613,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Avion Wealth lifted its holdings in Uber Technologies by 17.3% during the 1st quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after buying an additional 145 shares in the last quarter. Frazier Financial Advisors LLC grew its stake in shares of Uber Technologies by 8.5% in the first quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company’s stock worth $140,000 after acquiring an additional 152 shares in the last quarter. Revisor Wealth Management LLC grew its stake in shares of Uber Technologies by 3.5% in the first quarter. Revisor Wealth Management LLC now owns 4,587 shares of the ride-sharing company’s stock worth $330,000 after acquiring an additional 153 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Uber Technologies by 10.6% in the second quarter. Cornerstone Planning Group LLC now owns 1,624 shares of the ride-sharing company’s stock worth $114,000 after acquiring an additional 155 shares in the last quarter. Finally, CFS Investment Advisory Services LLC increased its position in shares of Uber Technologies by 6.1% during the first quarter. CFS Investment Advisory Services LLC now owns 2,733 shares of the ride-sharing company’s stock worth $211,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

Insider Buying and Selling at Uber Technologies

In related news, CEO Dara Khosrowshahi purchased 141,000 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the purchase, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. This trade represents a 11.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Andrew Macdonald acquired 70,000 shares of the business’s stock in a transaction on Friday, September 4th. The shares were bought at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the acquisition, the insider owned 426,320 shares of the company’s stock, valued at $32,327,845.60. This represents a 19.65% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is currently owned by insiders.

Uber Technologies Trading Down 0.9%

UBER opened at $65.16 on Friday. Uber Technologies, Inc. has a one year low of $64.04 and a one year high of $100.35. The company has a market cap of $133.09 billion, a P/E ratio of 14.32, a PEG ratio of 6.28 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The business’s 50-day simple moving average is $71.21 and its 200-day simple moving average is $73.44.

Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on UBER shares. Wedbush reiterated an “outperform” rating and issued a $91.00 price objective on shares of Uber Technologies in a research note on Tuesday, September 8th. Roth Capital decreased their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Bank of America lowered their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Guggenheim restated a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a report on Friday, October 16th. Finally, KeyCorp cut their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $102.97.

Get Our Latest Stock Analysis on UBER

About Uber Technologies

(Free Report)

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.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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