Uber Technologies (NYSE:UBER) Insider Sells 28,170 Shares

Key Points

• Insider sale: Uber insider Jill Hazelbaker sold 28,170 shares at an average price of $71.31, worth approximately $2.01 million, reducing her position by 15.85%.
• Stock and earnings: UBER recently traded near $71.44, well below its 52-week high of $101.99. The company reported quarterly EPS of $0.81, slightly ahead of estimates, while revenue rose 12.2% year over year to $14.19 billion.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with an average price target of $103.03, although targets range from $74 to $110 and competition in autonomous vehicles remains a key risk.

Uber Technologies, Inc. (NYSE:UBER - Get Free Report) insider Jill Hazelbaker sold 28,170 shares of the company's stock in a transaction on 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 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 legal filing with the SEC, which is available through the SEC website.

Uber Technologies Stock Performance

UBER stock traded down $1.19 during trading on Tuesday, reaching $71.44. The stock had a trading volume of 15,500,388 shares, compared to its average volume of 19,329,037. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The stock's 50 day moving average is $73.96 and its two-hundred day moving average is $73.63. 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 firm has a market cap of $145.93 billion, a PE ratio of 15.70, a PEG ratio of 5.54 and a beta of 1.16.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 3.54 earnings per share for the current year.

Uber Technologies News Roundup

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased approximately 141,000 Uber shares for more than $10 million at an average price near $70.96. The open-market purchase, made without a preset trading plan, may signal management’s confidence that the stock is undervalued. Insider Watch: 3 CEOs Buying Shares
• Positive Sentiment: Uber launched its first autonomous taxis in London with Wayve, supporting its strategy of partnering with autonomous-driving companies rather than developing all technology internally. Uber and Wayve Launch First Autonomous Taxis in London
• Positive Sentiment: Uber Freight won a contract to manage chemical manufacturer OXEA’s transportation across the United States, Canada, Mexico and Europe, providing another validation of its logistics platform and potential business-to-business growth. OXEA taps Uber Freight to manage North American, European logistics
• Positive Sentiment: Uber expanded into Kuwait, adding geographic reach to its mobility business. The financial contribution is not yet clear, but the move supports continued international growth. Kuwait, your Uber has arrived
• Neutral Sentiment: Recent commentary highlights Uber’s asset-light model, delivery growth and strong profitability relative to some consumer-stock peers, though these comparisons do not represent new company guidance. Carnival vs. Uber Technologies
• Negative Sentiment: Uber announced roughly 3,300 corporate layoffs and indicated productivity gains from artificial intelligence could help fund cheaper rides. Lower prices could support demand, but they may also pressure margins and raise concerns about whether promised savings will offset the restructuring. Uber CEO Says 3,300 Layoffs Will Fund Cheaper Rides
• Negative Sentiment: Alphabet-backed Waymo is expanding robotaxi operations in Las Vegas and planning an unsupervised Tokyo launch, intensifying a competitive threat to Uber’s future mobility economics. Waymo Expands Robotaxi Battle

Hedge Funds Weigh In On Uber Technologies

Several large investors have recently added to or reduced their stakes in the company. BIP Wealth LLC bought a new stake in Uber Technologies during the second quarter valued at about $1,033,000. Pacer Advisors Inc. lifted its position in shares of Uber Technologies by 23.7% in the first quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock valued at $370,641,000 after acquiring an additional 985,989 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Uber Technologies by 6.1% in the first 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. Mach 1 Financial Group LLC bought a new position in shares of Uber Technologies in the fourth quarter worth about $1,220,000. Finally, Weiss Asset Management LP grew its position in shares of Uber Technologies by 465.5% during the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock worth $4,497,000 after purchasing an additional 51,465 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Piper Sandler restated an "overweight" rating on shares of Uber Technologies in a research report on Thursday, August 13th. Jefferies Financial Group increased their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Cantor Fitzgerald cut their price objective on shares of Uber Technologies from $98.00 to $90.00 and set an "overweight" rating for the company in a research report on Thursday, August 6th. Arete Research set a $74.00 price objective on Uber Technologies and gave the stock a "neutral" rating in a research note on Thursday, September 10th. Finally, Guggenheim reaffirmed a "buy" rating on shares of Uber Technologies in a report on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and an average price target of $103.03.

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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