Vantage Investment Partners LLC Makes New Investment in Uber Technologies, Inc. $UBER

Key Points

• Vantage Investment Partners acquired 584,346 Uber shares worth approximately $40 million in the third quarter, making Uber about 2.4% of its portfolio. Institutional investors collectively own 80.24% of Uber’s stock.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $102.97, despite concerns about possible EPS declines, autonomous-vehicle competition and regulatory scrutiny.
• Uber shares opened at $65.25, near their 52-week low of $64.69, while the company’s latest quarter showed $0.81 in EPS and $14.19 billion in revenue, with revenue up 12.2% year over year.

Vantage Investment Partners LLC acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 584,346 shares of the ride-sharing company's stock, valued at approximately $40,034,000. Uber Technologies makes up approximately 2.4% of Vantage Investment Partners LLC's portfolio, making the stock its 16th largest holding.

Several other large investors also recently bought and sold shares of UBER. BIP Wealth LLC acquired a new stake in shares of Uber Technologies in the 2nd quarter worth $1,033,000. Pacer Advisors Inc. raised its holdings in shares of 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 worth $370,641,000 after acquiring an additional 985,989 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Uber Technologies by 6.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock worth $37,025,000 after acquiring an additional 29,587 shares during the period. Weiss Asset Management LP boosted its position in shares of Uber Technologies by 465.5% during the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock valued at $4,497,000 after acquiring an additional 51,465 shares during the last quarter. Finally, Evercore Wealth Management LLC boosted its position in shares of Uber Technologies by 6.3% during the 1st quarter. Evercore Wealth Management LLC now owns 1,156,032 shares of the ride-sharing company's stock valued at $83,153,000 after acquiring an additional 68,433 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Some analysts view Uber as undervalued after its recent pullback, arguing that its earnings growth, improving profitability and long-term business prospects may not be fully reflected in the stock price. Uber Stock Looks Undervalued Despite Recent Business Uncertainty
• Positive Sentiment: Uber Eats is expanding its grocery-delivery network through an agreement with Key Food Stores, adding roughly 300 stores and strengthening Uber’s position in local grocery delivery. Uber Eats Adds Key Food Grocery Stores
• Positive Sentiment: Uber’s decision to walk away from reported talks to acquire Instacart could reduce merger costs, integration risk and regulatory exposure, although it leaves DoorDash as the likely buyer. Uber Walking Away From Instacart Was The Right Call
• Neutral Sentiment: Bank of America expects third-quarter gross bookings to be broadly in line with Wall Street forecasts. Investor attention is likely to focus less on the quarter itself and more on Uber’s autonomous-vehicle partnerships and supply pipeline. Uber Poised for In-Line Quarterly Gross Bookings
• Neutral Sentiment: The Federal Trade Commission ordered Uber to provide information on personalized pricing and worker compensation practices. The request is part of a broad Section 6(b) study, not an allegation of wrongdoing, but it could increase compliance costs or future regulatory risk. FTC Demands Data on Personalized Pricing
• Negative Sentiment: Several earnings previews anticipate a decline in third-quarter EPS and question whether Uber has the catalysts needed to exceed expectations, raising the risk of further pressure if guidance disappoints. Uber Q3 Earnings Expected to Decline
• Negative Sentiment: Persistent concerns about robotaxis and autonomous-vehicle competition are weighing on sentiment, with investors seeking evidence that Uber can secure sufficient AV capacity and defend its marketplace position. Uber Faces Investor Questions on Autonomous Vehicles
• Negative Sentiment: Reported advanced talks for DoorDash to acquire Instacart for approximately $17 billion have intensified competitive concerns in grocery and delivery, potentially creating a larger rival to Uber Eats. DoorDash-Instacart Talks Put Competition in Focus

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UBER. Citigroup reissued a "market outperform" rating on shares of Uber Technologies in a report on Wednesday, October 7th. Needham & Company LLC reaffirmed a "buy" rating and set a $109.00 target price on shares of Uber Technologies in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, October 8th. TD Cowen reiterated a "buy" rating and issued a $118.00 target price on shares of Uber Technologies in a report on Thursday, July 16th. Finally, Bank of America dropped their price target on shares of Uber Technologies from $104.00 to $103.00 and set a "buy" rating for the company in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $102.97.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 28,170 shares of the business's stock in a transaction dated Friday, September 11th. The shares were 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. The trade was a 15.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andrew Macdonald bought 70,000 shares of the firm's stock in a transaction on Friday, September 4th. The stock was bought at an average cost 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. The trade was a 19.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by insiders.

Uber Technologies Price Performance

NYSE:UBER opened at $65.25 on Thursday. Uber Technologies, Inc. has a 52 week low of $64.69 and a 52 week high of $100.35. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $133.27 billion, a P/E ratio of 14.34, a P/E/G ratio of 5.70 and a beta of 1.27. The stock's fifty day moving average is $71.72 and its two-hundred day moving average is $73.63.

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 analysts' consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion during 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 company's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts expect that Uber Technologies, Inc. will post 3.20 EPS for the current year.

Uber Technologies Company 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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