Rep. Cleo Fields Buys Uber Technologies, Inc. (NYSE:UBER) Stock

Key Points

• Representative Cleo Fields (D-Louisiana) purchased shares of Uber Technologies, Inc. (NYSE: UBER) valued between $15,001 and $50,000 on July 10th, according to a filing disclosed on August 6th.
• Uber's recent quarterly earnings report revealed $12.65 billion in revenue, surpassing estimates, with a year-over-year revenue growth of 18.2% and earnings per share of $0.63.
• Several institutional investors, including Vanguard Group Inc. and Capital Research Global Investors, have significantly increased their stakes in Uber Technologies, indicating strong institutional interest in the company's stock.

Representative Cleo Fields (D-Louisiana) recently bought shares of Uber Technologies, Inc. NYSE: UBER. In a filing disclosed on August 06th, the Representative disclosed that they had bought between $15,001 and $50,000 in Uber Technologies stock on July 10th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 7/30/2025.
• Purchased $100,001 - $250,000 in shares of Alphabet NASDAQ: GOOG on 7/30/2025.
• Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 7/29/2025.
• Purchased $250,001 - $500,000 in shares of NVIDIA NASDAQ: NVDA on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Alphabet NASDAQ: GOOG on 7/29/2025.
• Purchased $100,001 - $250,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.

Uber Technologies Price Performance

UBER opened at $92.59 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.02 and a current ratio of 1.11. Uber Technologies, Inc. has a 52-week low of $59.33 and a 52-week high of $97.71. The stock has a market capitalization of $193.63 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43. The stock's 50 day moving average price is $89.33 and its 200-day moving average price is $80.91.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The ride-sharing company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.02. The company had revenue of $12.65 billion for the quarter, compared to analysts' expectations of $12.45 billion. Uber Technologies had a return on equity of 59.96% and a net margin of 26.68%. The firm's revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.47 earnings per share. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Activity

In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $95.00, for a total transaction of $261,250.00. Following the completion of the sale, the chief financial officer owned 21,975 shares in the company, valued at approximately $2,087,625. This trade represents a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jill Hazelbaker sold 34,884 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $86.03, for a total value of $3,001,070.52. Following the sale, the insider owned 102,135 shares of the company's stock, valued at $8,786,674.05. This represents a 25.46% decrease in their position. The disclosure for this sale can be found here. 3.84% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Uber Technologies by 3.2% in the first quarter. Vanguard Group Inc. now owns 186,526,036 shares of the ride-sharing company's stock worth $13,590,287,000 after buying an additional 5,759,353 shares during the period. Capital Research Global Investors raised its stake in shares of Uber Technologies by 79.0% in the fourth quarter. Capital Research Global Investors now owns 118,131,681 shares of the ride-sharing company's stock worth $7,125,728,000 after buying an additional 52,125,476 shares during the period. Capital World Investors raised its stake in shares of Uber Technologies by 10.1% in the fourth quarter. Capital World Investors now owns 30,355,075 shares of the ride-sharing company's stock worth $1,831,021,000 after buying an additional 2,792,039 shares during the period. Pershing Square Capital Management L.P. bought a new position in shares of Uber Technologies in the first quarter worth about $2,207,743,000. Finally, Kingstone Capital Partners Texas LLC raised its stake in shares of Uber Technologies by 334,075.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company's stock worth $1,863,545,000 after buying an additional 19,967,705 shares during the period. Institutional investors own 80.24% of the company's stock.

Analyst Upgrades and Downgrades

UBER has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Friday, July 11th. KeyCorp boosted their target price on Uber Technologies from $90.00 to $110.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. Cantor Fitzgerald reissued an "overweight" rating and issued a $106.00 target price (up from $96.00) on shares of Uber Technologies in a report on Wednesday, June 25th. Wells Fargo & Company dropped their target price on Uber Technologies from $120.00 to $119.00 and set an "overweight" rating on the stock in a report on Thursday. Finally, Royal Bank Of Canada boosted their target price on Uber Technologies from $94.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday. Ten analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Uber Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $102.82.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

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