GFG Capital LLC Has $11.16 Million Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• GFG Capital increased its Uber stake by 34.8% in the second quarter, acquiring 39,907 additional shares. Its 154,647 shares were valued at approximately $11.16 million and represented 2.7% of the firm’s portfolio.
• Uber reported quarterly EPS of $0.81, slightly above the $0.80 consensus estimate, while revenue rose 12.2% year over year to $14.19 billion, just below analysts’ $14.24 billion forecast.
• Wall Street maintained a generally positive view, with a consensus “Moderate Buy” rating and average price target of $104.49 versus the stock’s reported $73.06 price. Insider Andrew Macdonald also purchased 70,000 shares for about $5.3 million.

GFG Capital LLC boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 34.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,647 shares of the ride-sharing company's stock after acquiring an additional 39,907 shares during the period. Uber Technologies makes up approximately 2.7% of GFG Capital LLC's holdings, making the stock its 12th largest holding. GFG Capital LLC's holdings in Uber Technologies were worth $11,159,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Cadence Bank grew its holdings in shares of Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock worth $722,000 after purchasing an additional 122 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of Uber Technologies by 3.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company's stock valued at $395,000 after purchasing an additional 139 shares in the last quarter. Stonebrook Private Inc. raised its stake in shares of Uber Technologies by 6.1% in the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company's stock valued at $203,000 after purchasing an additional 143 shares in the last quarter. Avion Wealth lifted its position in Uber Technologies by 17.3% in the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock worth $70,000 after purchasing an additional 145 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its position in Uber Technologies by 15.8% in the first quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company's stock worth $78,000 after purchasing an additional 147 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $73.06 on Wednesday. The business's fifty day moving average price is $74.07 and its two-hundred day moving average price is $73.64. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The stock has a market capitalization of $149.22 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 6.00 and a beta of 1.16. 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 (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion during 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 revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. 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 3.45 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of a number of recent research reports. Benchmark reiterated a "hold" rating on shares of Uber Technologies in a research note on Monday, July 20th. KeyCorp dropped their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an "overweight" rating for the company in a research note on Tuesday, July 14th. Citigroup reaffirmed a "market outperform" rating on shares of Uber Technologies in a report on Wednesday, August 19th. BTIG Research reiterated a "buy" rating and set a $100.00 target price on shares of Uber Technologies in a research report on Thursday, September 3rd. Finally, Sanford C. Bernstein lowered their target price on shares of Uber Technologies from $110.00 to $95.00 and set an "outperform" rating on the stock in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $104.49.

Insider Activity

In other news, insider Andrew Macdonald bought 70,000 shares of the company's stock in a transaction that occurred on Friday, September 4th. The stock was acquired at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the transaction, the insider directly owned 426,320 shares of the company's stock, valued at $32,327,845.60. This trade represents a 19.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.81% of the stock is owned by company insiders.

Uber Technologies News Summary

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

• Positive Sentiment: Chief Executive Andrew Macdonald purchased 70,000 UBER shares for approximately $5.3 million, increasing his direct ownership by nearly 20%. The sizable insider purchase may signal confidence that the stock is undervalued following its recent weakness. Uber insider purchase filing
• Positive Sentiment: Wedbush reaffirmed its “outperform” rating and maintained a $91 price target, implying substantial upside from current levels. The firm’s view provides support for Uber’s earnings, cash-flow generation and long-term growth outlook.
• Positive Sentiment: Uber and Wayve launched supervised autonomous rides in London with Ford. The partnership reinforces Uber’s strategy of providing robotaxi distribution and demand while avoiding the capital burden of designing and manufacturing its own vehicles. Uber Wayve autonomous rides article
• Neutral Sentiment: Reports highlighted Uber’s stronger profitability and more than $10 billion in free cash flow, but questioned why the stock has not responded. Investors appear to be weighing those fundamentals against the risk that autonomous vehicles could eventually weaken Uber’s role in the mobility ecosystem. Uber fundamentals and valuation article
• Neutral Sentiment: Uber is reportedly moving closer to a potential Delivery Hero acquisition and has tapped European debt markets with its first-ever euro bond offering. The initiatives could expand delivery and international reach, but also raise leverage and execution concerns.
• Negative Sentiment: Tesla’s Cybercab entering commercial robotaxi service intensified fears that Tesla could challenge Uber’s core ride-hailing marketplace and capture autonomous-ride economics. Tesla’s progress was viewed as a key reason mobility stocks moved in opposite directions. Tesla Cybercab threat article
• Negative Sentiment: Uber plans to exit operations in Nigeria and Uganda and cut roughly 10% of its workforce. Although the moves may reduce costs, they signal near-term restructuring and could raise concerns about international growth and demand.

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company's core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.

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