Chickasaw Capital Management LLC Decreases Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• Chickasaw Capital Management cut its Uber stake by 81.6% in the third quarter, selling 28,488 shares and retaining 6,403 shares valued at approximately $439,000.
• Uber reported quarterly EPS of $0.81, narrowly exceeding estimates, while revenue rose 12.2% year over year to $14.19 billion. The stock opened at $68.41, near its 52-week low.
• Despite the institutional reduction, analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $103.11; Uber’s CEO and another insider also made significant share purchases.

Chickasaw Capital Management LLC lessened its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 81.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,403 shares of the ride-sharing company's stock after selling 28,488 shares during the period. Chickasaw Capital Management LLC's holdings in Uber Technologies were worth $439,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UBER. Stonebrook Private Inc. grew its position in Uber Technologies by 6.1% during the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company's stock worth $203,000 after buying an additional 143 shares in the last quarter. Avion Wealth boosted its position in shares of Uber Technologies by 17.3% during the 1st quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock valued at $70,000 after acquiring an additional 145 shares during the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of Uber Technologies by 15.8% during the 1st quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company's stock valued at $78,000 after acquiring an additional 147 shares during the last quarter. Ariadne Wealth Management LP grew its holdings in shares of Uber Technologies by 4.2% during the fourth quarter. Ariadne Wealth Management LP now owns 3,760 shares of the ride-sharing company's stock worth $307,000 after purchasing an additional 150 shares in the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its position in shares of Uber Technologies by 5.9% in the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,700 shares of the ride-sharing company's stock worth $194,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Down 1.0%

UBER stock opened at $68.41 on Thursday. The company has a market capitalization of $139.73 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 5.63 and a beta of 1.27. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $100.35. The company's 50 day moving average price is $73.15 and its two-hundred day moving average price is $72.98. 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 (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $14.24 billion. During the same period in the previous year, the business posted $0.60 EPS. 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. As a group, analysts predict that Uber Technologies, Inc. will post 3.35 earnings per share for the current fiscal year.

Uber Technologies News Summary

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

• Positive Sentiment: Uber agreed to acquire workplace-catering platform ezCater in an all-cash transaction. The deal would add access to more than 140,000 U.S. restaurants, approximately $2.5 billion in annual gross bookings and average orders above $400, potentially improving Uber Eats’ order economics and expanding Uber for Business. Uber To Acquire ezCater For $2.3 Billion
• Positive Sentiment: Analysts and bullish commentary suggest the ezCater transaction, alongside Uber’s planned Delivery Hero investment, could add roughly $66 billion in bookings and push 2027 bookings above $340 billion, with projected EBITDA potentially reaching $16.6 billion. Uber Technologies: Delivery Hero, ezCater Acquisition Should Push 2027 Bookings To Over $340B
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and a $100 price target, implying substantial upside from current levels. Separate analysis points to strong bookings momentum that may be underappreciated by the market.
• Neutral Sentiment: Uber has settled a third bellwether sexual-assault lawsuit. The resolution removes one legal matter, but the broader litigation and related reputational risks remain relevant to investors. Uber Technologies Settles Third Bellwether Sexual Assault Lawsuit
• Negative Sentiment: Retail investors have criticized the ezCater purchase, questioning whether Uber is paying too much and whether management can integrate another major business while pursuing other acquisitions. That skepticism appears to be limiting the stock’s response to the announcement. UBER Stock In Focus: Uber’s $2.3B Bet On ezCater Fails To Lift Retail Mood
• Negative Sentiment: A study reportedly found Uber riders are paying 53% more while waiting 19% longer, raising concerns about affordability, service reliability and potential pressure on ride demand.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on UBER shares. Bank of America lowered their target price on shares of Uber Technologies from $104.00 to $103.00 and set a "buy" rating on the stock in a research note on Tuesday, July 28th. Piper Sandler reissued an "overweight" rating on shares of Uber Technologies in a report on Thursday, August 13th. Needham & Company LLC restated a "buy" rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. TD Cowen reaffirmed a "buy" rating and set a $118.00 price objective on shares of Uber Technologies in a report on Thursday, July 16th. Finally, Citizens Jmp reiterated a "market outperform" rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $103.11.

Insider Buying and Selling at Uber Technologies

In related news, CEO Dara Khosrowshahi acquired 141,000 shares of the firm's stock in a transaction dated Thursday, September 10th. The shares were purchased at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the acquisition, the chief executive officer 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 purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider Andrew Macdonald bought 70,000 shares of the stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the purchase, the insider owned 426,320 shares in the company, valued at $32,327,845.60. The trade was a 19.65% increase in their position. The SEC filing for this purchase provides additional information. Company 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.

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