Uber Technologies (NYSE:UBER) Stock Acquired Sen. Angus S. King Jr.

Key Points

• Senator Angus S. King Jr. purchased between $1,001 and $15,000 in shares of Uber Technologies (NYSE:UBER) on July 21st, as disclosed in a filing on August 18th.
• Uber Technologies reported $12.65 billion in revenue for the last quarter, exceeding the consensus estimate by $0.20 per share.
• A number of analysts have recently provided updates on Uber's stock, with Barclays issuing a price target of $110.00 and UBS raising their target from $115.00 to $117.00.

Senator Angus S. King Jr. (I-Maine) recently bought shares of Uber Technologies, Inc. NYSE: UBER. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Uber Technologies stock on July 21st.

Senator Angus S. King Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Kirby NYSE: KEX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.

Uber Technologies Trading Up 0.5%

Shares of NYSE:UBER opened at $94.21 on Friday. The business's 50-day moving average is $90.82 and its 200 day moving average is $82.62. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.11 and a quick ratio of 1.11. Uber Technologies, Inc. has a 1 year low of $59.33 and a 1 year high of $97.71. The firm has a market capitalization of $196.47 billion, a P/E ratio of 16.05, a P/E/G ratio of 1.08 and a beta of 1.43.

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. Uber Technologies had a return on equity of 59.96% and a net margin of 26.68%.The business had revenue of $12.65 billion during the quarter, compared to the consensus estimate of $12.45 billion. During the same quarter last year, the company earned $0.47 earnings per share. The company's quarterly revenue was up 18.2% on a year-over-year basis. On average, research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on UBER shares. Barclays reiterated an "overweight" rating and issued a $110.00 target price (up from $97.00) on shares of Uber Technologies in a research note on Thursday, August 7th. Wall Street Zen cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. UBS Group lifted their price objective on shares of Uber Technologies from $115.00 to $117.00 and gave the stock a "buy" rating in a research note on Thursday, August 7th. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $120.00 to $119.00 and set an "overweight" rating on the stock in a report on Thursday, August 7th. Finally, Canaccord Genuity Group restated a "hold" rating and issued a $84.00 target price (down previously from $90.00) on shares of Uber Technologies in a research note on Friday, June 27th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and an average target price of $102.82.

Insider Transactions at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 11,571 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $91.74, for a total transaction of $1,061,523.54. Following the sale, the senior vice president directly owned 416,222 shares of the company's stock, valued at $38,184,206.28. This represents a 2.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $95.00, for a total value of $261,250.00. Following the sale, the chief financial officer owned 21,975 shares in the company, valued at $2,087,625. This trade represents a 11.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.84% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UBER. Vanguard Group Inc. increased its holdings in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company's stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Uber Technologies by 2.6% during the second quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company's stock worth $4,258,756,000 after buying an additional 1,168,288 shares in the last quarter. Pershing Square Capital Management L.P. acquired a new stake in Uber Technologies during the first quarter valued at $2,207,743,000. Norges Bank acquired a new stake in Uber Technologies during the second quarter valued at $2,348,319,000. Finally, Kingstone Capital Partners Texas LLC increased its holdings in 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 valued at $1,863,545,000 after buying an additional 19,967,705 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031. King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

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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