International Assets Investment Management LLC Buys 29,460 Shares of Uber Technologies, Inc. $UBER

Key Points

• International Assets Investment Management LLC increased its Uber stake by 279.5%, acquiring 29,460 additional shares and bringing its total holdings to 40,000 shares valued at approximately $2.74 million.
• Uber reported quarterly EPS of $0.81, slightly exceeding estimates, while revenue reached $14.19 billion and grew 12.2% year over year. The company guided for third-quarter EPS of $0.84–$0.88.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and a $102.86 price target versus the referenced share price of $66.62; however, the stock remains below its 50- and 200-day moving averages.

International Assets Investment Management LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 279.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,000 shares of the ride-sharing company's stock after acquiring an additional 29,460 shares during the quarter. International Assets Investment Management LLC's holdings in Uber Technologies were worth $2,740,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. BIP Wealth LLC purchased a new stake in shares of Uber Technologies in the second quarter worth approximately $1,033,000. Pacer Advisors Inc. increased its position in Uber Technologies by 23.7% during the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock valued at $370,641,000 after purchasing an additional 985,989 shares during the period. PNC Financial Services Group Inc. increased its holdings in Uber Technologies by 6.1% during the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock valued at $37,025,000 after buying an additional 29,587 shares during the period. Weiss Asset Management LP raised its position in shares of Uber Technologies by 465.5% in the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock worth $4,497,000 after acquiring an additional 51,465 shares in the last quarter. Finally, Evercore Wealth Management LLC lifted its position in shares of Uber Technologies by 6.3% during the first quarter. Evercore Wealth Management LLC now owns 1,156,032 shares of the ride-sharing company's stock valued at $83,153,000 after buying an additional 68,433 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Uber Technologies Price Performance

Uber Technologies stock opened at $66.62 on Tuesday. The stock has a market cap of $136.07 billion, a P/E ratio of 14.64, a PEG ratio of 5.58 and a beta of 1.27. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average price of $70.96 and a 200 day moving average price of $73.34. Uber Technologies, Inc. has a 12-month low of $64.04 and a 12-month high of $100.35.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analysts' expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Sell-side analysts anticipate that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UBER. Roth Capital dropped their target price on Uber Technologies from $105.00 to $100.00 and set a "buy" rating on the stock in a research note on Monday, August 10th. UBS Group dropped their price objective on shares of Uber Technologies from $110.00 to $106.00 and set a "buy" rating on the stock in a report on Monday. Mizuho set a $112.00 price target on Uber Technologies in a research report on Thursday, August 6th. Citigroup reiterated a "market outperform" rating on shares of Uber Technologies in a research report on Wednesday, October 7th. Finally, Guggenheim reissued a "buy" rating and issued a $125.00 price target on shares of Uber Technologies in a research note on Friday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.86.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares of the company's stock, valued at approximately $10,662,627.75. This trade represents a 15.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Andrew Macdonald bought 70,000 shares of the company's stock in a transaction that occurred on Friday, September 4th. The stock was bought at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the acquisition, the insider directly 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.

Key Uber Technologies News

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

• Positive Sentiment: UBS maintains a Buy rating. UBS lowered its price target to $106 from $110, but the revised target still implies approximately 59% upside from the referenced share price. The continuing Buy recommendation signals confidence in Uber’s long-term growth, cash generation and competitive position. UBS Adjusts Price Target on Uber Technologies to $106 From $110, Keeps Buy Rating
• Positive Sentiment: Wall Street still sees substantial upside ahead of earnings. Analysts broadly expect continued revenue growth and remain constructive on Uber’s cash flow and market position, with consensus estimates suggesting roughly 58% upside. Uber Heads Into Q3 With Wall Street Seeing 58% Upside
• Positive Sentiment: Uber is expanding its financial-services capabilities. A pilot involving Uber, HSBC, Franklin Templeton, Tradeweb and Fireblocks demonstrated around-the-clock enterprise treasury and embedded-finance applications. The initiative could create longer-term strategic value, although it is not yet a major earnings driver. Uber Helped Scale Embedded Finance
• Neutral Sentiment: Earnings expectations are mixed. Analysts reportedly expect third-quarter earnings of about $0.86 per share, broadly consistent with Uber’s $0.84–$0.88 guidance, but well below the unusually high $3.11 reported a year earlier. Revenue growth and the company’s outlook will likely be more important than the year-over-year EPS comparison. UBER Stock Forecast Ahead of Q3 Earnings
• Negative Sentiment: Technical performance remains weak ahead of the report. Uber has been underperforming before earnings and is trading below its key moving averages, increasing the risk of volatility if results or guidance disappoint. Uber Stock Underperforming Ahead of Earnings

Uber Technologies Profile

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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