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50,228 Shares in Uber Technologies, Inc. $UBER Bought by S.E.E.D. Planning Group LLC

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Key Points

  • S.E.E.D. Planning Group bought 50,228 Uber shares worth approximately $3.44 million in the third quarter, while institutional investors collectively own 80.24% of the company.
  • Uber shares recently traded at $68.58, below their 50-day and 200-day moving averages. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $103.11.
  • Insider buying was notable: CEO Dara Khosrowshahi purchased 141,000 shares and insider Andrew Macdonald bought 70,000 shares. Uber’s planned $2.3 billion ezCater acquisition could expand Uber Eats and business catering, but investors remain concerned about acquisition costs and execution risks.
  • Five stocks to consider instead of Uber Technologies.

S.E.E.D. Planning Group LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 50,228 shares of the ride-sharing company's stock, valued at approximately $3,441,000.

Other hedge funds have also bought and sold shares of the company. Osbon Capital Management LLC bought a new position in Uber Technologies in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Uber Technologies during the fourth quarter worth about $25,000. Portus Wealth Advisors LLC bought a new stake in Uber Technologies in the first quarter worth about $25,000. Gould Capital LLC boosted its stake in Uber Technologies by 245.0% in the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company's stock valued at $28,000 after acquiring an additional 245 shares during the last quarter. Finally, Dunhill Financial LLC bought a new position in shares of Uber Technologies during the 2nd quarter valued at approximately $28,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Price Performance

NYSE:UBER traded down $0.49 during trading hours on Wednesday, hitting $68.58. The stock had a trading volume of 5,433,787 shares, compared to its average volume of 19,086,998. The company has a 50 day simple moving average of $73.21 and a two-hundred day simple moving average of $73.03. The firm has a market capitalization of $140.09 billion, a price-to-earnings ratio of 15.07, a P/E/G ratio of 5.66 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $100.35.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly 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. 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 analysts' expectations of $14.24 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The business's quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Research analysts forecast that Uber Technologies, Inc. will post 3.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction dated Friday, September 4th. The shares were purchased at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the transaction, the insider owned 426,320 shares in the company, valued at $32,327,845.60. This represents a 19.65% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Dara Khosrowshahi bought 141,000 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the transaction, 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. Corporate insiders own 3.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UBER. Sanford C. Bernstein reiterated an "outperform" rating on shares of Uber Technologies in a research note on Wednesday, September 30th. Evercore reaffirmed an "outperform" rating and set a $150.00 price target on shares of Uber Technologies in a research report on Wednesday, August 5th. Benchmark reissued a "hold" rating on shares of Uber Technologies in a report on Monday, July 20th. TD Cowen reiterated a "buy" rating and set a $118.00 target price on shares of Uber Technologies in a research report on Thursday, July 16th. Finally, Arete Research set a $74.00 price target on shares of Uber Technologies and gave the company a "neutral" rating in a research report on Thursday, September 10th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $103.11.

Get Our Latest Analysis on Uber Technologies

Key Stories Impacting Uber Technologies

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

Uber Technologies Profile

(Free Report)

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.

See Also

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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