Uber Technologies, Inc. $UBER Holdings Lessened by Sapient Capital LLC

Key Points

• Sapient Capital reduced its Uber position by 63.1% in the third quarter, selling 59,777 shares and retaining 34,885 shares valued at approximately $2.39 million. Institutional investors and hedge funds still own 80.24% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $103.11. Recent targets include $100 from Rosenblatt and $110 from Jefferies.
• Uber’s stock recently traded at $70.25, well below its 12-month high of $100.35, while its latest quarterly earnings of $0.81 per share slightly exceeded estimates. Insider activity was mixed, with CEO Dara Khosrowshahi buying 141,000 shares and insider Jill Hazelbaker selling 28,170 shares.

Sapient Capital LLC cut its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 63.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,885 shares of the ride-sharing company's stock after selling 59,777 shares during the quarter. Sapient Capital LLC's holdings in Uber Technologies were worth $2,390,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in UBER. Public Investment Fund purchased a new position in Uber Technologies in the 2nd quarter valued at about $5,256,173,439. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Uber Technologies by 2.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,078,612 shares of the ride-sharing company's stock worth $1,068,653,000 after acquiring an additional 258,448 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Uber Technologies in the second quarter worth about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Uber Technologies in the second quarter valued at about $752,151,000. Finally, Baird Financial Group Inc. grew its stake in Uber Technologies by 64.4% during the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company's stock valued at $656,609,000 after purchasing an additional 3,564,073 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Piper Sandler reaffirmed an "overweight" rating on shares of Uber Technologies in a research report on Thursday, August 13th. Rosenblatt Securities assumed coverage on shares of Uber Technologies in a research note on Tuesday, September 1st. They issued a "buy" rating and a $100.00 price target for the company. Jefferies Financial Group upped their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the company a "buy" rating in a report on Monday, August 10th. Arete Research set a $74.00 target price on shares of Uber Technologies and gave the company a "neutral" rating in a research note on Thursday, September 10th. Finally, Citizens Jmp reiterated a "market outperform" rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Wednesday. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $103.11.

Uber Technologies Stock Performance

UBER traded up $1.80 on Thursday, hitting $70.25. 14,495,027 shares of the company's stock were exchanged, compared to its average volume of 19,099,824. 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 stock has a fifty day moving average of $73.15 and a two-hundred day moving average of $72.98. Uber Technologies, Inc. has a twelve month low of $65.41 and a twelve month high of $100.35. The firm has a market cap of $143.48 billion, a PE ratio of 15.44, a P/E/G ratio of 5.63 and a beta of 1.27.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results 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. The business 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 business's quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 3.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 28,170 shares of the firm's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $71.31, for a total value of $2,008,802.70. Following the sale, the insider directly owned 149,525 shares in the company, valued at approximately $10,662,627.75. This trade represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Dara Khosrowshahi purchased 141,000 shares of Uber Technologies stock in a transaction dated Thursday, September 10th. The shares were purchased at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the acquisition, the chief executive officer 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 SEC filing for this purchase provides additional information. 3.81% of the stock is owned by corporate insiders.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Robotaxi expansion: Uber and Pony.ai plan to begin testing Pony.ai’s Gen-7 autonomous vehicles in London within weeks. The partnership is part of Uber’s broader goal of offering autonomous ride-hailing in 15 cities by the end of 2026, potentially strengthening its long-term growth profile. Uber and China's Pony.ai plan to launch robotaxis in London
• Positive Sentiment: Food-delivery growth: Uber’s planned $2.3 billion acquisition of ezCater would expand Uber Eats into workplace catering, add access to more than 140,000 restaurants and increase exposure to higher-value business orders. Analysts estimate the deal could contribute to bookings and EBITDA growth in 2027. Uber to Expand Food Delivery Reach Via ezCater Buy
• Positive Sentiment: Analyst support and bookings momentum: Citizens JMP reaffirmed a “market outperform” rating and a $100 price target. Separate commentary highlighted strong bookings momentum and Uber’s cash-generation potential, offering a bullish counterpoint to recent investor caution. Uber Technologies acquisitions and 2027 bookings
• Neutral Sentiment: Operational performance remains mixed: A Q3 investor letter cited strong operational growth, but said softer guidance limited the benefit. Uber previously reported quarterly earnings slightly above expectations, while revenue came in just below consensus.
• Negative Sentiment: Acquisition concerns: The ezCater purchase has drawn criticism from retail investors concerned about valuation, integration risk and whether Uber should buy businesses rather than build internally. The transaction also adds to Uber’s capital commitments alongside its planned Delivery Hero investment. Uber's M&A Playbook Faces Scrutiny
• Negative Sentiment: Service and legal risks: A study said Uber riders are paying substantially more while waiting longer, which could pressure demand and customer satisfaction. Uber also settled another bellwether sexual-assault lawsuit, underscoring continuing litigation and reputational risks.

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.

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER - Free Report).

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.